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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 > Elon musk
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Comment by stockprobe19on Mar 25, 2022 4:44pm
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Post# 34546958

RE:Elon musk

RE:Elon muskFunny you should pick Elon Musk as an example. Tesla has a P\E ratio of 207 . I don't think the company has made any profits. It's built up on massive debt. A solid company has a P\E ratio around 15. Even if Elon wanted to buy  into WMG, he would want total control of the company. Just look at his past partnership deals he had, not impressive. Ithink that answers your questions. Having billions doen't translate into something good for WMG shareholders, it's more likely we would get screwed. I especially loved it when Elon launched his car into space with an asstronaut sitting in a convertible Tesla. What was even more impressive seeing a whole herd of sheeple watching the launch and cheering at it's success. Fortunately I had a barf bag handy. A lot of sheep jumped into that one! 


 
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