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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 AucontraireIIon Mar 01, 2022 11:32am
160 Views
Post# 34471284

One thing

One thing
that didn't happen at the zoom call was somebody opening a vault and falling out were a bunch of newly minted magnesium bars. Reading between the lines they don't have a process nailed down for the scale that we are interested in. Yet. Is it coming soon? Will the new equipment help them to nail it down? I don't know. Sad that I still have these questions this late in the game, isn't it? But on the good side they have tons of confidence and it appears even their financiers are super confident so again we are left to extrapolate or maybe interpolate between the lines of what they can tell us. The excuse of secrecy is used an awful lot and maybe maybe just maybe I understand that. But no one is asking for the recipe! No one. Just asking where are the bars and maybe tell us what problems you have run into because obviously they have run into some. At least it's obvious to me. Things have not gone 100% smoothly is what I read between the lines. Do I know this for a fact? Of course not, but the more Sam talks, the more he thanks people for the question, the more he tells us what a great question it is and how ecstatic he is that it was asked, and the less time he spends throwing a bar on the table, the more doubts I have. Sorry, just how I was built. JMHO and FWIW.
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