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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 PapaJay10000000on Sep 08, 2021 1:08pm
91 Views
Post# 33825280

RE:The market sets the market cap, not the company.

RE:The market sets the market cap, not the company.

I'm not pushing my opinion I’m asking why.

Tick tock. still kicking tires here Ed. 

No answers.

The market's seen a lot of bullish flags, "HUGE NEWS COMING", and a disastrous discord page that's got less free speech than china. This company's news has amounted to nothing tangibly new (aside from fresh new loans and private placements) for 10 years plus. looks like pumping from where I stand.

All I'm asking is that someone proves that it's not just the result of pumping but I get called a basher or treated like I'm trying to crash the stock or something. I want this company to be a huge win but it's looking like it's all been a bunch of hype for the last decade. (my opinion of course, but I'm asking someone to give a reason why I should change it) 

still, nobody can answer the simple question of "how do they plan on making money"

Are they going to sell the tech or scale up and produce magnesium? If they're going into production what is the game plan? Going to need to produce an awful lot of MG to hit the $213M market cap value. Can anyone explain how they plan on creating a net positive company starting with this much debt and no "production-based assets"? (And please don't pull a Kellyanne Conway non-answer answers are just wasting everyone's time "alternative facts" aren't facts)

 

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