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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

Comment by RawSiennaon May 31, 2022 2:01pm
83 Views
Post# 34720680

RE:RE:RE:RE:More confusing pics from latest tweet

RE:RE:RE:RE:More confusing pics from latest tweetWhy don't you you just keep happily supporting WMG's excessively deep management team each making over 300 grand a year.
They've had 12 press releases over the last 2 months and I've seen zero pictures of said pilot plant that make me believe it's real.
How long they going to drag this out?
Then you have to start to think about a billion dollar production plant that's dependent on a power plant being built beside it that hasn't broken ground yet (neither of them)
Here's a piece from a local Harrison paper from March, still arguing over whos going to build it, if they get it.
Yeah, call me a skeptic if you want.

Commissioner Don Bethel said the company is paying the county around $6,500 per month to reserve the land. He said he is assuming there will most likely be a mixture of local and out-of-town labor used to complete the project.

“At this point in time, to be frank, we’re more focused on getting it here. Now obviously, we’re going to watch out to make sure that there are responsible builders who know what they’re doing and we prefer them to be local, at least 50 percent anyway,” he said, adding that a concern he has is if the power plant and Dilles Bottom ethane cracker plant both get the green light at the same time.
https://www.timesleaderonline.com/news/local-news/2022/03/union-pushing-for-local-labor-to-build-harrison-county-power-plant/

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