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Bullboard - Stock Discussion Forum 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... see more

TSXV:WMG.H - Post Discussion

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Post by Skeg33 on Apr 22, 2021 9:00pm

News

It seems like they are putting the cart before the horse.... yeah it's great to be prepared, but there is no public knowledge that the process is even scalable, unless the cpp is already built and it hasn't been disclosed ? Why not focus time and funds on building the plant ? Why not give the public a real update on the progress of the cpp- nothing specific...... 15% 30% 50,80 95 percent complete something!? Is the latest release another read between the lines and try to figure it out guessing game ? Again more questions than  answers.
For now I hold .... western can't keep it going much longer without something of substance I wouldn't think, any thoughts?
Comment by KonnectTheDots on Apr 23, 2021 1:10pm
Agree 100% Evidence that they are working on the CPP without giving out proprietary information can easily be done. So why don't they? That would show good faith that the company isn't just saying 'take our word for it'. Photos of the building inside or out that don't show the location if that is what they are worried about, construction site, machinery, etc...anything. Coke ...more  
Comment by stockprobe19 on Apr 23, 2021 1:21pm
You make a lots of valid points. I would like answers to those questions as well. 
Comment by AucontraireII on Apr 23, 2021 8:43pm
You realize Probe that what KTD is saying is just what many of us have been saying in various ways for quite some time now. Glad to have you on board.
Comment by stockprobe19 on Apr 24, 2021 4:15pm
This isn't the first time I have said this. I have a problem with the constant complaining that goes on. I still believe progress is being made and yes the expenses are growing and more transparency is needed but at the same time I get that secrecy is also important especially if they possess a exclusive green method processing magnesium in the world. I think we need to give management the ...more  
Comment by KonnectTheDots on Apr 25, 2021 12:43pm
Probe, Re: I have a problem with the constant complaining that goes on. Asking for actual progress updates, timelines to be met, financial accountability and transparency isn't 'complaining'. It's what shareholders need to do if a company isn't being forthright. We own the company, they run it for us for which they are paid. If this company showed progress there would be no & ...more  
Comment by stockprobe19 on Apr 25, 2021 1:33pm
"I remain hopeful but skeptical until there is evidence to warrant 'belief'." I agree with that statement as well. Waiting till Christmas for some real news isn't a acceptable, they had plenty of time to be producing. 
Comment by Executer99 on Apr 27, 2021 12:50am
Can one person tell me what their business is ? Nope because they don't have one 
Comment by Executer99 on Apr 27, 2021 12:50am
They are out of cash and can't.close.September PP...is this it after ten years?
Comment by AucontraireII on Apr 27, 2021 12:56pm
Don't everybody answer at once. For me I am hoping for an interested major to buy them out...and PDQ.
Comment by KonnectTheDots on Apr 27, 2021 1:56pm
We can only judge by what they have done to date.. It appears that they are in the business of creating divisions. Might be a good idea to set up a production division?
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