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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

Post by StockJockieon Dec 30, 2020 2:03am
218 Views
Post# 32195231

Buying Spree

Buying SpreeNow might be the last chance to buy shares at a discounted price. We are days away from massive press and weeks away from metal being produced. Western Mags twitter has lit up in the last couple months. For the first time I have seen their twitter account mention share price and where it is headed. Company insiders and third parties are talking about it like crazy. I’m pretty sure the S-1 reporting is done, and we are probably going to see a major finance deal soon. There is no reason to hype stock price like this unless it is going to run away. The volume of shorts has decreased, and less people are selling that have held for a while. I see massive purchases happening like a 122k shares purchase at once today in a single transaction. If you haven’t loaded up on shares yet you might be too late, but I would seriously get in before the hype finally sets the ball rolling.

A company filing shows Sam finally bought shares. He spent $50k and bought 384,615 shares on 12/11/2020. If Sam has held off to buy shares till now it indicates  we are on the verge of the press taking this sky high. After being called into question about owning shares, he waits literally till the last minute before the roll out.The last tranche filings even showed repeat investors in both Canada and US. More indication people are getting ready for what is coming.  Grab every share you can afford. 
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