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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 KonnectTheDotson Dec 20, 2023 2:03pm
321 Views
Post# 35794221

Stockprobe was right :-(

Stockprobe was right :-(
Comment by stockprobe19on Sep 12, 2023 12:48pm
132 Views 
Post# 35631816

RE:Isn't anyone outraged over this? (or even a tad curious?)

I was going to post but then I read Sherry's post and then remembered why we weren't. Things are happening. We are tired of the pissing contest and posts like Sherry's. This site isn't worthy of dialog especially to the few that post here, sorry. 

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Contest???

Looks like you ran dry buddy. 

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“This is a straightforward breach of contract case,” she said.

Murray said the facts were not complex nor were they disputed. Those, she said are:

  • the parties agree that the company retained Sever pursuant to an executive employment agreement;
  • the parties agree that the agreement was valid and enforceable.
  • the terms of the agreement were clear and unambiguous. The defendants do not dispute the terms of the agreement, including the termination provision; and,
  • the plaintiff's entitlement to compensation was further identified in the defendant's own evidence and documents, including minutes and resolutions of its board of directors' meetings.

“There is no issue that the contract was ended by one of the parties,” Murray said. “Having considered all of the evidence, the only rational conclusion is that the plaintiff was terminated by the defendant.”

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Yup, things are happening all right.

it is ironic that the guy who invented or helped invent the alleged miracle process, will be the end of the company and the rocket scientist who ran this company couldn't even make it work.

If there was any actual justice, his settlement should come out of the directors pockets which were filled by years of exorbitant (and unjustified by any metric) wages, bonuses, and benefits. 

It sucks losing my investment, but I feel good for the little guy. 
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