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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 MagInvestor19on Dec 14, 2022 8:09am
194 Views
Post# 35170299

Interesting last Post and follow up questions?

Interesting last Post and follow up questions?Konnect The Dots
 
That is a pretty detailed account and if the SEC is truly looking as I am sure they are hyper vigilant after the FTX fiasco and tip lines.  This raises even more questions for me without a place to really look to fins the answers.  For a incoming investor, that’s a lot to unpack.  Surely Western Magnesium reads this board and can see months and months of investor inquires? I am surprised they dont have a paid worker on here addressing these?  I have seen over and over to “call the company” yet see they don’t have a DC office anymore?  Anyone know what happened?  You'd think the company would be forward leaning and tackle these head on?  
 
 I have seen post from the “influencers” but its never really anything substantial or can be held next to some sort of fiscal or company guidance?  There is not really any check or balance to the methodology?  Is there a 3rd party that is performing management controls or oversight to ensure everything is being properly accounted for?
 
Also,  I looked at the website on employees and board.  Seems like another oddity that 80% of the company , also sits on the board.  I don’t think that is normal either.  The salaries per SEC filings are enormous  for a start up, but being in existence for the past 11 years, can you really consider this a start up?  Yet no revenue?  I’d love for the influencers to come back and have a discussion about that to clear up the confusion?

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