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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 KonnectTheDotson Oct 24, 2022 1:30pm
73 Views
Post# 35044216

RE:RE:RE:RE:RE:WMG slogan, World Class New TECHNOLOGY!!

RE:RE:RE:RE:RE:WMG slogan, World Class New TECHNOLOGY!!Stockprobe,

Your statements contradict each other: 

World Class New TECHNOLOGY!!

99.83% pure magnesium, got it lab verified and now is improving the efficiency of the equipment.

Either they have it or they don't.
Obviously they are stalling but they had to come out with some news as they were rapidly losing credibility.

It's like writing a book, you don't wait until it's perfect to publish it, if you do it will never be printed.
Release the first edition, collect some royalties and work on the second edition.

NEW WORLD CLASS RECHNOLOGY !! ... but still tweaking it?
99.83% they say is better than they expected, so whatv are they waiting for?
At the end of the day the bottom line is they still don't have it.
Rave all day long about how wonderful it is means nothing if they can't capitalize on it.

Obvious question is why are they stalling?

Not ready for commercialization?
Issues scaling up to full production?
No one to back it financially? 
Not economically viable with China or at all?
Not as green as claimed?

Who knows.

All you can do is look at what they say and what they do, the two do not jibe.
Neither does the sp reflect peoples confidence, they just don't 'believe', people need to see results.
A few ingots of metal don't prove commercial viability, profitability or ability for this management team to go to the next level.

Also what Sherry said made total sense, who is going to pony up a few hundred million for a full scale plant when there are pending lawsuits that could determine who owns the tech?

Big money doesn't like doubt.

It's obvious that they are stalling, that is a no brainer, we just don't know why.




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