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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 28, 2022 12:09pm
189 Views
Post# 34714437

Body Language

Body Language
All we can try to do to figure this out for right now is look at the knowns combined with the body language of the company. So near a big announcement to have gone on Fox Business News with a cheery interview and then to have sent out a press release reminding people if they missed it that there was a fox business interview and then posting things like pictures, whatever they may be, for me are all positive body language. Goes along with many others such as hiring so many top-level people so far in advance. Yet why is the stock selling off? Why did they need to raise money so soon before the announcement? All these raise negative questions in my mind. Once again I don't know .... The overall picture is still unclear so we are left to wait and see. Still I am encouraged that to have done the positive things they would have to be a little crazy if they thought things were going to suddenly fall off a cliff so soon after.
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