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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 Jul 06, 2021 3:18pm
134 Views
Post# 33500086

RE:Let the fireworks begin

RE:Let the fireworks begin
okay SJ, I am ready for the fireworks to begin. Let's hope the first batch comes to a grade quality that we are all expecting. I am not knocking anyone's predictions especially yours since so much has come true, but not so long ago you said the company could someday be worth a trillion dollar market cap. I don't have the post to show you but I could find it I am sure. At the time I took it with a grain of salt as I do all posts until something happens that I can hold in my hand, but would you care to explain how they can get to a trillion dollar market cap or even 10 billion dollar market cap and how much magnesium they would need to sell at between $2 and $2.50 per pound including covering their cost of manufacture? I haven't run the numbers but it would seem that virtually everything would have to be made of magnesium at that point, toothbrushes included, and sold through their manufacture. Care to address this? or maybe just your thoughts on what future success will mean in terms of market cap?
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