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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 AucontraireIIon Sep 06, 2024 1:56pm
324 Views
Post# 36212155

RE:RE:RE:RE:RE:RE:RE:Is it time…..

RE:RE:RE:RE:RE:RE:RE:Is it time…..Do we really think the technology is real as claimed? I sure don't know but I do have my doubts based upon what has happened.... or actually not happened over the last couple of years.  I mean here's a new technology ....so revolutionary, so environmentally friendly, so cheap to operate, that provides such a high yield, of such a desirable metal, the likes of which have never been seen before, that no one is available to pony up enough money to even get their finances in order and keep them compliant with the law.  Insiders included.     Does that even make sense? Maybe it's something in between like something happened that was unexpected and the yield/quality didn't pan out and now they're not sure what to do and they ran out of money. Or maybe it's something like it didn't turn out to be as cost-effective as had been anticipated when they ran the actual process and so now all they can do is try to sell a process that's not competitive with the Chinese magnesium. Again I haven't the faintest idea but you can't blame anybody for speculating wildy as to what might have happened. What IS wild to me is speculating that this technology is real as claimed, that it's fantastic, it's still revolutionary and they just don't have a few thousand dollars to file their taxes or some such thing. No disrespect to anybody.  Everyone can make up their own minds here of course. But I just find this whole story very hard to fathom, and now they've clammed up completely to boot..
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