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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 AucontraireIIon Aug 25, 2022 1:47pm
109 Views
Post# 34920372

RE:RE:The nice thing

RE:RE:The nice thing
Yup KTD, I think their motto should be "10 years down, only five to go." We'll see if I'm wrong about that and some catalysts present themselves, but it surprises me that no major has shown enough interest to simply buy the company or at least take a majority controlling stake. Why worry about China stealing the technology when they could simply buy it for almost nothing? Yet they don't. Really, what is this technology worth? I sure have no idea.
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