RE:Lost PerspectiveRe: 'I cannot comprehend how no one on this thread seems to appreciate the significance of a PP at this late stage!!!!!' Or....why it was even halted 'at this late stage' ?)
Have you read all the 'amazing' news released prior to this vanishing?
'Ahead of schedule'
'Results better than expected'
'A new paradigm in manufacturing'
'Disruptive game changer'
A 'Metalution'. 'While it's possible I don't understand what's happening, I would point out to one and all that a PP at this stage means that WMG is alive and well and ready to move forward with a trade resumption.
Please educate me if you know any other interpretation for the Placement.
No one enters into a PP with a defunct company!!!!!!!'
Hey Split, just curious, what color is the sky in your world? Western Magnesium Closes First Tranche of its Equity Private Placement
TheNewsWire March 3, 2023
Western Magnesium Closes First Tranche of its Equity Private Placement
TheNewsWire March 3, 2023
Western Magnesium Amends Equity Private Placement Close
TheNewsWire February 15, 2023
Western Magnesium Closes Final Tranche of Non-Brokered Private Placement
TheNewsWire January 31, 2023
Western Magnesium Closes Second Tranche of Non-Brokered Private Placement
TheNewsWire December 30, 2022
Western Magnesium Closes First Tranche of Non-Brokered Private Placement
TheNewsWire November 24, 2022
Western Magnesium Announces Non-Brokered Private Placement
TheNewsWire November 16, 2022
Western Magnesium Announces Non-Brokered Private Placement
TheNewsWire November 16, 2022
Western Magnesium Closes Final Tranche of Non-Brokered Private Placement
TheNewsWire June 3, 2022
Western Magnesium Closes First Tranche of Non-Brokered Private Placement
TheNewsWire May 9, 2022
Western Magnesium Announces Non-Brokered Private Placement of up to USD$3,000,000 in Units
TheNewsWire April 18, 2022
Western Magnesium Closes Non-Brokered Private Placement
TheNewsWire December 24, 2021
Western Magnesium Announces Non-Brokered Private Placement
TheNewsWire November 8, 2021
Western Magnesium Announces Amendment to Non-Brokered Private Placement
TheNewsWire September 1, 2021
Western Magnesium Closes Non-Brokered Private Placement
TheNewsWire August 11, 2021
Western Magnesium Closes Non-Brokered Private Placement
TheNewsWire July 16, 2021
At this point my cut and paster went up in smoke, fast rewind to 2013
Nevada Clean Magnesium Closes Second Tranche
TheNewsWire June 7, 2013 Have all these been an indicator of success? 'Please educate me if you know any other interpretation for the Placement'
Howz about this one, 'getting a paycheck'
Not sure how you missed that, seems pretty obvious.
At least 10 years of private placements (that's only how far back Stockhouse goes)
How do you equate another one as some proof of huge upcoming success? 'No one enters into a PP with a defunct company!!!!!!!'
Who said it was defunct? It's been on life support. Can't milk a dead cow.
Please educate us on how taking another bucket from the well will be any different project progress wise than since Nevada Clean Magnesium started? (been here that long?)
One just doesn't logically lead to the other. I cannot comprehend how no one on this thread seems to appreciate the significance of a PP at this late stage!!!!!'
While it's possible I don't understand what's happening, I would point out to one and all that a PP at this stage means that WMG is alive and well and ready to move forward with a trade resumption' It's pretty clear that's not all that you cannot comprehend.
How about that they stated that they are building the full scale plant in Harrison County Ohio 2 years ago. WASHINGTON, D.C. - TheNewswire - October 18, 2021 - Western Magnesium Corporation (TSXV:WMG) (Frankfurt:3WM) (OTC:MLYF) (“Western Magnesium” or the “Company”)
Management’s goal in creating this new reactor is to develop a new generation of technology that we will include in the current commercial pilot plant and future facilities. This new reactor that is being tested at our partner facilities in Fort St. John, British Columbia is being developed not only for the commercial pilot plant which is currently under construction and on track in the Lower Mainland, British Columbia, but also for the 100,000 metric tonne commercial plant being built in Ohio. Once testing is complete in Fort St. John and magnesium metal is produced as part of the test, we will have successfully developed the next generation reactor which will be faster and more economical in the production of magnesium metal. Read it carefully, especially the part in bold.
Send some pictures of it please.
That they have full package solutions to license the technology.
So why haven't they? WASHINGTON,D.C.–TheNewswire–February 13, 2023–WesternMagnesiumCorporation(WMC)(TSXV:WMG;(Frankfurt-3WM);(OTC:MLYF)(“WesternMagnesium”orthe“Company”) Executive Chairman, Ed Lee, states, “The proprietary technology and software, which has been built specifically for our green process, is truly one of a kind. Our technology represents America’s best chance at bringing production of the much sought after magnesium metal, which has been identified as a critical metal by both industry and government, back to the United States.” The value of our technical and software upgrades gives Western Magnesium the ability to have a full package solution for the licensing of our technology in the near future. Our proprietary technology is a one-stop solution for providing a green critical metal locally and globally. That they delayed the AGM for 3 years (which, right after they halted trading for now over seven months, is that another sign of 'significance'?) V:WMG - Western Magnesium Corporation - https://www.westmagcorp.com 14:35:55 EDT
Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr Mar 08
If it was such a rip roaring success why they had to shut down the commercial pilot plant and skip off to Neveda...maybe...instead of just cranking out Magnesium to ship to potential customers like they have stated. WASHINGTON,D.C.–TheNewswire–February 8, 2023–WesternMagnesiumCorporation(WMC)(TSXV:WMG);(Frankfurt-3WM);(OTC:MLYF)(“WesternMagnesium”orthe“Company”)
Executive President and CEO, Sam Ataya, states “We have been in discussions with multiple end users about metal production from our commercial pilot plant. Due to demand being very high and magnesium metal availability being scarce globally, and particularly in the United States, discussions with the end users have been escalated and we are working with end users to supply magnesium metal from our Commercial Pilot Plant.” Why did they even have to go off the board for more than 1/2 of a year (so far) if this has such great potential?
You need to take off your rose colored glassed and smell the coffee.
We all want to make money or at least get some of our money back but this isn't a gaurentee or even a sign that will happen.
Not even close. It will be a good first step if trading does resume, trading, so far it hasn't (hmmm, if the PP was such a good sign why wouldn't they have brought it back now?)
Save your !!!!!!!'s for something that warrants it.
Something like this:
WESTERN MAGNESIUM IS TRADING AGAIN !!!!!!!
Until then this is a tad premature. I would point out to one and all that a PP at this stage means that WMG is alive and well and ready to move forward with a trade resumption. Non sequitur.
One does not lead to the other.
Fingers crossed but it's not time to count chickens just yet. 'In the event I wasn't clear enough, I think ths PP is unbelievable good news for all those threadsters who have given up hope and resorted to vicious bickering and bashing.'
Talk about giving up hope, the PP news didn't even make it onto Stockhouse. TheNewsWire June 12, 2023
Canada NewsWire March 9, 2023
TheNewsWire March 7, 2023
Pointing out failed announcements, non truths, missed deadlines and repeated failures to launch is neither bashing or bickering.
Anyone looking at this objectively, what has been said and what has actually happened is being honest.
But yah, you got it right about the hope bit.