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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 Jan 30, 2024 3:30pm
182 Views
Post# 35853373

RE:What next

RE:What next

Ya that's it Bigrig, the TSX is a difficult exchange to deal with!
That's why they're getting sued by a security firm and a welding company. 

A felon is the CFO, so what?

The real shareholders who voted for everything that this board of directors recommended do not consider any of the management decisions made as a major concern. 

Bigrig Where are you?
How about explaining all the ridiculous posts you made about your buddy, Ed Lee and what a great guy he is?

Do great guys get sued left right and centre for not paying off there contractors?
Their employees to the tune of $4 million. 

Leave their shareholders not knowing what the heck is going ?

Not delivering on a single item that they have boasted about in their news releases,

With all the slagging and name-calling you have done in the past directed toward anyone who asked questions you deserve to give them all an apology. 
All your nonsense about 'if you want to know what's really going on call the company' well how is that working out for you?
 

Post by Bigrig16on Dec 12, 2022 10:51am
88 Views 
Post# 35166051

MagLover1

Simple way to get answers is to direct your questions to Western Magnesium investor relations department 
That way you are assured of getting the correct answers and not hear say or opinion 

------------------------- 

Bigrig,

Are you finally ready to admit that auditing the financials was a red herring. It had nothing to do with the halt. It was just an excuse like cancelling the AGM for three years because they were waiting for developments to discuss with the shareholders?

Are you willing to admit that the halt is not because the TSX is a difficult exchange to deal with. They are actually doing their job in preventing other poor potential investors for getting screwed in this company. 

They should be given a medal (made from 99.8% pure magnesium) for the pain and financial hardship that they have prevented in more people getting involved with this catastrophic mess. 

Post by Bigrig16on Mar 16, 2023 1:07pm
187 Views 
Post# 35342893

Over and over

Konnect, I refer you to your post of March 13
in which you stated the halt was for failure to
file audited financial statements and management
discussion, so you are asking the questions you answered yourself ?
As to what is being done, that should be pretty obvious, that
being the new audit company working to complete its audit !
As to when, well that will depend on when said work is completed, which the company has no control of but is dependent on the speed of the auditors !
Come on, what is the point of regurgitation of what is
already evident and has been discussed.

------------------- 

The point of regurgitating it is so that fatheads like you will begin to understand that not filing financials was intentional to give them a reason to go off the board and fade away probably forever. 

Do us a all a favour. Call the company. Let us know what's going on. 

You said Ed is your buddy, you've known him for 30 years he must be telling you what's happening, give us all some good news.
 

Post by Bigrig16on Aug 28, 2022 10:06am
122 Views 
Post# 34925176

CEO

My opinion only !
Think about who hired Sam.
You want him removed, that's no confidence in Ed.
Ed has the highest level of integrity and concern for making sure shareholders get the best deal he can bring to the table, but everyone has a point where they finally say, I've had enough !
He walks, employees, shareholders, everyone loses !
And if I was him, don't think for one minute anyone will get their hands on the process that has been developed.
The opportunity to take back the magnesium industry from China is lost !
Good job guys - you are all making the world a better place.
How exactly ????????
-------------------

Sorry buddy, anybody that lets their shareholders go for a year without any news at all has zero integrity, 
Anybody that doesn't pay their contractors, their employees or the people that develop the technology that they depend on is a crook. 

Need proof?
 

B.C. court awards employee $3.97M in severance pay, damages

"This is a straightforward breach of contract case," Justice Catherine Murray said.

A Vancouver company has been ordered to pay a 75-year-old former employee $3.97 million in severance pay and damages.

B.C. Supreme Court Justice Catherine Murray’s Sept. 15 decision released Oct. 18 ordered Western Magnesium Corporation to pay James Sever $2.74 million alone in severance pay.

Sever had sought damages arising from what he alleges is the termination of his employment agreement with the company, including nonpayment of salary, reimbursement of expenses, severance pay, and indemnification for legal fees pursuant to directors' and officers' insurance.

“There is no question that the plaintiff is entitled to remuneration under the contract for wages and expenses, including indemnification for legal fees pursuant to the insurance, regardless of how his employment ended,” Murray wrote.

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