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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 > Confidence crisis in the Canadian Dollar.
View:
Post by KonnectTheDots on Feb 24, 2022 11:43am

Confidence crisis in the Canadian Dollar.

Better stock up on coffee as banana republics around the world are no longer accepting the Candian Dollar (thanks JT)
Thanks also to all the idiots (90% of the population? there's that 'majority' that's always right again) that supported Justin Castreau in his use of marshall law to quash a peaceful protest against pointless mandates that do nothing.
Didn't he or Crystia Freeland (aka 'Twitchy') know that doing so would kill confidence in Canada resulting in people pulling their money out and halting foreign investing?
Whaa, people don't like dictatorships?

There are rumors that Canada is switching from the Dollar to the Tire.
The Canadian Tire (which understandably is more stable)

Forget about WMG as in 2-3 years we will all be living on communes singing Volga Boatmen and drinking Vodka that we make from dirty sock water.

Could JT be charged with attemtped murder?
He condemned Russia for its aggresion in Ukraine and Putin almost died laughing.

Prime Minister Justin Trudeau is condemning Russia's attack on Ukraine and calling on Russian President Vladimir Putin to withdraw all military forces from the country.
 
“Canada condemns in the strongest possible terms Russia's egregious attack on Ukraine,” Trudeau said in a statement late Wednesday.
 
“These unprovoked actions are a clear further violation of Ukraine's sovereignty and territorial integrity. They are also in violation of Russia's obligations under international law and the Charter of the United Nations.”
 
Trudeau said Russia's actions will be met with severe consequences.

Violations?
How about violating Canadian law, the Charter of rights and.....(get a copy in case we run out of TP)
Consequences?
Apparently there will be an immediate embargo on all Bouncy Castles destined for Russia.
And no more Canadian Poutine for Putin.

Because the government threatened to freeze bank accounts without a court order a few days ago, Canadians have begun withdrawing all of their money from their bank accounts.

James Melville, a British economic journalist, was the first to notice the money transfer. He shared a graph on Twitter displaying the massive amount of money withdrawn from Canadian banks.
 

 

What the hell is happening to Canada’s banks right now?
---------------------------------------------------------
Attention pumpers:
Time to pump like crazy now so we can get out enogh money to buy a cup of coffee (only Tim Hortons is cheap enough)
Lets see, 13-1 rollback, CDN is worth .10 on the dollar....
Before anyone says 'well despite everything the sp is holding up pretty well'.
Based on what?
No product
No production facility for maybe 3 years
No news
No transparency
No cash

Ah but they have the Metalushun video.
That must be it.

 
Comment by stockprobe19 on Feb 24, 2022 12:39pm
I have said for years now to pull your money out of banks. Check out the Bail-in clause the 5 big banks of Canada and the Dodd Frank Act in the US, both of which gives the banks complete control of your bank accounts and many other assets. Since 2020 Canada has increased it's money supply by 400% while the US by 200%. This is your true measure of inflation. It's the banks war on the people ...more  
Comment by Executer99 on Feb 24, 2022 3:58pm
Have you had Covid from one of your students yet Probe ? ...because once you get it I don't think we will hear from you on here again...good riddance  Fully Vaccinated Ex99 
Comment by stockprobe19 on Feb 24, 2022 7:47pm
Funny thing is I still don't know anyone that got covid or know of anyone that knows someone who had it. I do however know lots of people that had side effects from the vaccine and know of a lot of people that know someone that had side effects and had died from the vaccine. I also know keeping your Vitamin D levels high will prevent you from getting covid and that Ivermectin has been proven ...more  
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