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 > mlyf

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Comment by PapaJay10000000on Aug 23, 2021 1:00pm

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Post# 33748848

RE:RE:mlyf

A lot of this doesnt add up. As far as I can tell, this was litterally what they baised their evaluation off of in 2018 and now they're saying it's not part of the plan.

It feels like all their "Big news" isn't actually getting the company any closer to producing and selling a product.

What's the end goal to this if they're not going to mine MG? Why even own the mining claim at all if not? are they planning to sell reactors or something? How is this a $286 Million dollar company (based on current market cap) if there is no clear plan to produce value?

(Before you say I'm slamming the company these are important and legitimate questions that it seems nobody has answers to).

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