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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

Western Magnesium Corp > News just out
View:
Post by Telmelcel on Aug 19, 2021 8:12am

News just out

Excellent news
Comment by stockprobe19 on Aug 19, 2021 8:36am
Western Magnesium Chooses First Commercial Plant Site NEW YORK, NY – TheNewswire – August 19, 2021 – Western Magnesium Corporation (TSX-V:WMG; Frankfurt-3WM ...more  
Comment by chry200030 on Aug 19, 2021 2:55pm
Read the news today. Wow.  Are they saying this is the first comercial plant and more to come?  Very encouraging news..i ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Mr. Sam Ataya reports WESTERN MAGNESIUM CHOOSES FIRST COMMERCIAL PLANT SITE
Comment by PapaJay10000000 on Aug 19, 2021 6:40pm
I thought they had a chunk of property out in Nevada for this?? Was this not established years ago when they were NVM???
Comment by PapaJay10000000 on Aug 19, 2021 6:50pm
Tami-Mosi Magnesium Property, Nevada   https://westmagcorp.com/wp-content/uploads/2019/05/2018-NVM-Q3-MDA.pdf    
Comment by PapaJay10000000 on Aug 19, 2021 7:15pm
https://westernmagnesium.com/wp-content/uploads/2019/07/190621WMCFSQ2.pdf   Was this not litterally what they claimed as their biggest asset in 2019?? Exploration and evaluation assets 5 - 1,484,762  
Comment by Bull-Roar on Aug 19, 2021 8:43pm
PJ Yes they have owned that property for a long time and it has tons of ore deposited there . . . if needed. But . . . the ore is plentiful all across North America and the Tami Mosi property was never intended to be the manufacturing site . . . the manufacturing sites will be across North America in locations with good rail and road access for transporting the ore in and the magnesium out ...more  
Comment by stockprobe19 on Aug 19, 2021 10:05pm
PJ they have more than one property, the Nevada site has 111 billion lbs of magnesium. Before NVM they were MOR. Their main asset is their technology.