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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 May 20, 2022 10:31am
170 Views
Post# 34698171

Not good

Not good
The market usually prices in known information. So when the last zoom call which stated clearly that metal is in the way, and soon, yet the stock price did nothing, this says to me success is more or less assumed already. Priced in. So I am not expecting anything like a sharp move upward....it would have already happened. Maybe a little bit when the announcement is made....but not much. So for now this is the value until something new and material happens. On the other hand, if the news is bad or there are glitches...uh oh....back down. I have only lost money betting on sure things.... never made any. JMHO and from my own limited personal experience.....FWIW.
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