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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 > Very happy to see the morons posting
View:
Post by EddyBob on Jan 01, 2022 10:26am

Very happy to see the morons posting

so much. Always precedes a good up move in the price.
Comment by HIKER2013 on Jan 02, 2022 12:37pm
Not sure if and what is true or credible.    Do we have a problem or not ? HR
Comment by Executer99 on Jan 02, 2022 4:30pm
These are true - Facts - All these lawsuits are on Sedar in the MD&A. We are copying and pasting them. They are all very recent. Last few years  Western has been going for the past 10+ years. Burning $ and robbing the retail.   They spent 354k one quarter in 2021 on vacation as well as half million in lawyer fees  DM me if you want links and facts    
Comment by AucontraireII on Jan 02, 2022 8:34pm
I'm not sure either, but here are a few issues that I can see: 1) they are overdue to announce first production of metal. This troubles me especially given they haven't mentioned anything about it lately. It makes one wonder if they're having problems with either the current equipment or the ability to scale the process. This needs to resolve itself and PDQ IMO. 2) the lawsuits may or ...more  
Comment by RawSienna on Jan 02, 2022 10:25pm
It's possible the Sever case is tying them up with his reactor/condenser technology and royalties they don't want to pay? "On January 13, 2015 the Company announced it signed a Licence and Royalty Agreement with its director, James Sever, P. Eng., to use Mr. Sever's unique knowledge and concepts on the Company's Tami Mosi and other properties for the commercial production of ...more  
Comment by KonnectTheDots on Jan 03, 2022 2:25pm
Happy New Year Aucontraire! Good to see that you are still hangin in. The problem with this company is, although constant claims of ''progress'', they never have any evidence to show progress toward the only thing that matters, the process to produce Magnesium metal, better faster, cleaner, cheaper, etc... than current Pidgeon or Bolzano technologies. And no, setting up new offices ...more  
Comment by AucontraireII on Jan 03, 2022 5:39pm
Hey KTD, always great to hear your commentary! As always spot on. And yes I guess I am still here, I haven't sold anything either and for the same reason. Just hoping against hope things work out as we have been told they would. I wonder if they realize how much damage they do to their credibility when they post fluffy sounding, good vibey press releases in lieu of actual information which ...more