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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Metals & Mining Industrial Metals & Minerals
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

Western Magnesium Corp > From Form 10
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Post by Executer99on Aug 12, 2021 12:51pm
160 Views
Post# 33694532

From Form 10

From Form 10NO PATENTS OR PATENTS PENDIND IN THE USA OR CANADA
-31 million in debt
-They have no plans to mine any resourses from their mine assets?
-They may not be able to get permits for their pilot plant which I assume means they don't have it.
-No dividends planned
These are FACTS that were filed in their form 10 to the SEC to trade in the stock market (Their business plan)
  Don't believe people on BB/forums, due some DD and READ THEIR FORM 10
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