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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 stockprobe19on Feb 15, 2022 12:49pm
147 Views
Post# 34430527

Can't post under a deceptive headline

Can't post under a deceptive headlineKTD, I'm not picking on you but when you play into the deception aren't you part of it? This is the point I have been trying to get across. The headline reads 23.5 million loss last year and total debt 52 million. Then you ask  So that won't have any impact on the uplisting to NASDAQ, right?

I believe the 23.5 million maybe a loss last year and I think the 53 million maybe a combined total loss over the history of the company. Remember losses aren't a reflection of debt but of moneys spent over the history of the company. EVERYONE in business knows that losses can be carried forward as write offs against future gains as in profits. Now I ask you again what are the total loans for the company because that has an impact on the uplist. Having a writeoff of 53 million in my opinion, especially if my business has great potential, is a major asset. Worring about a filing is another deception or distraction from what is truely happening with WMG. Stop swimming with the decievers and if you must reply to a post change the heading to reflect the truth not the lie. 
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