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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 19, 2023 5:27pm
157 Views
Post# 35691881

RE:RE:RE:RE:RE:Zembala

RE:RE:RE:RE:RE:Zembala

Two great points, Aucontraire

The first thing being the amount of shares that the directors hold. 
Most people here hold more shares individually, then all the directors combined.

Red flag, right there

The second being begging for money. 

They have been canvassing existing shareholders for years, and like Zembala says they use the same line "don't you want the company to survive?"

I guess they don't realize the Freudian slip
They say, rather than buying shares in the secondary market on the stock exchange. Why don't you consider buying in the primary market in the private placement that way you will help the company survive. 

Survive?

obviously even they don't even think this company will succeed in their stated goals they're just happy to keep drawing a paycheque

Sherry is the wise one in holding back, waiting to see if this thing ever goes anywhere. 
 

looking back and being truthful odds are against it

And realistically, what do we have to look forward to?

Lawsuits , a roll back more years of frustration. 

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