Western Magnesium Corp V.WMG.H

Alternate Symbol(s): MLYF

Metals & Mining Industrial Metals & Minerals

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

Western Magnesium Corp > One week and counting.

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Comment by KonnectTheDotson Mar 16, 2023 1:54pm

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Post# 35343046

RE:RE:One week and counting.

Yes NN was a huge fiasco, it was the wunderkind of the Telecom boom way back when yet it never survived.

2000-2002: Nortel's market capitalization fell from C$398 billion in September 2000 to less than C$5 billion in August 2002, as Nortel's stock price plunges from C$124 to C$0.47.

And that was a company with products, revenues and profits.
Losing an accounting firms seems like a pretty lame excuse, tons around.
Its the CFO's job to stay on top of things.
Can't see why anyone would object to having them release a statement to reassure shareholders especially days after the AGM when everything was peachy.

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