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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 Bigrig16on Aug 23, 2022 5:49pm
146 Views
Post# 34915519

Money

Money Further to money, the market got beaten down recently, most companies stock got hammered!
Think how hard Sam's job is now.
Lets say you have 20 million to invest, private or institutional, do you buy stock of a major, beaten down 40 percent knowing it will rebound, likely in a year.
Or put it in a junior, which is going to be longer term, even if the returns may be lucrative providing all goes as planned.
So, I could see where just raising funds could be a full time job.
Sam isn't the problem 
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