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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 splitcoreon Oct 10, 2023 6:46pm
212 Views
Post# 35677855

Interesting reading.

Interesting reading.Sherry and KTD, well written comments but you both seem to have missed my point even though it was rather clearly stated.
As you pointed out, WMG hasn't traded in nearly seven months.  To novices such as myself, this would suggest that the company has become defunct. "Defunct" in the sense that it is no longer a functioning company (titsup if you prefer).
Now when someone writes a cheque for half a million dollars to buy into WMG at this point, I have to believe he or she is not a drooling idiot and that, instead, they are a serious, intelligent invester with hopes of a decent return on their investment.
You can talk about past PP's when the company was trading and active, but that doesn't apply to this situation even remotely.
Split
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