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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 MagInvestor1on Aug 17, 2022 10:56pm
162 Views
Post# 34903888

Millions in Losses?

Millions in Losses?Hello JustaSlacker,

WIth $35M in losses and almost 600K in losses of profit, the entire balance sheet is a sea of red.  You think thats a buy?  I know you work for the company and are paid to promote them at all costs, but truly you cannot believe your own fluff and spin with all the millions and millions this company has lost and cannot explain why and the article on toxic lending highlighting Western Magnesium stock price will go lower.  You are really trying hard to sell this company.  You can keep giving them your own money, oh wait you probably got options as payment.  Worthless than the paper its printed on.  Where did that $35M go to that was just written off?  Where?
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