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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Comment by AucontraireIIon Nov 25, 2020 12:46pm
222 Views
Post# 31970499

RE:RE:RE:Wall street conference

RE:RE:RE:Wall street conference
SJ, be careful of your confirmation bias about the stock. This bias will tend to whisper things like this in your ear to fool you and make you feel better about your choice of investment. The reason a stock languishes is almost never because no one has heard of it. Especially in this is space, there are so many eyes watching companies like this for opportunities to make a killing that they seldom fly under the radar ....especially a company that has been around this long. The reality is that WM keeps pushing the date back for pilot plant production and the day of full production is already 6 to 8 years away, so why would anyone invest right now with so much uncertainty, is the better question. Like it or not this is still a high-risk play especially given that a lot can go wrong in any scaling-up process which can call into question the process itself as well as delay the onset of production until small details are ironed out. So we are speculating on all these things panning out in our favor. JMHO
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