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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 AucontraireII on Mar 01, 2022 11:32am

One thing

that didn't happen at the zoom call was somebody opening a vault and falling out were a bunch of newly minted magnesium bars. Reading between the lines they don't have a process nailed down for the scale that we are interested in. Yet. Is it coming soon? Will the new equipment help them to nail it down? I don't know. Sad that I still have these questions this late in the game, isn't it? But on the good side they have tons of confidence and it appears even their financiers are super confident so again we are left to extrapolate or maybe interpolate between the lines of what they can tell us. The excuse of secrecy is used an awful lot and maybe maybe just maybe I understand that. But no one is asking for the recipe! No one. Just asking where are the bars and maybe tell us what problems you have run into because obviously they have run into some. At least it's obvious to me. Things have not gone 100% smoothly is what I read between the lines. Do I know this for a fact? Of course not, but the more Sam talks, the more he thanks people for the question, the more he tells us what a great question it is and how ecstatic he is that it was asked, and the less time he spends throwing a bar on the table, the more doubts I have. Sorry, just how I was built. JMHO and FWIW.
Comment by stockprobe19 on Mar 01, 2022 7:39pm
Hey I wouldn't mind seeing a bar myself, maybe even buying one. If Sam is to make his timeline of 4-5 months on the Nasdaq some kind of news needs to start because on the 9th of March one of those months has already passed since the Zoom and all we got was silence and a dangling magnesium carrot, well it looks like it's magnesium anyway. It's time to get off the pot SAM! 
Comment by AucontraireII on Mar 02, 2022 9:39am
Oh, and one thing I forgot to mention. During the call, the term "timelines" was brought up an uncountable number of times. Yet I don't remember hearing any specific dates. Am I getting that wrong? I mean like a date on an actual calendar that has a day, a month, and a year associated with it. What we got over and over is the order of events such as, this will happen, then after this ...more  
Comment by KonnectTheDots on Mar 02, 2022 1:39pm
They say they will produce magnesium 'ultimately'. Lots of latitude with that date. Just wait another 4-5 months until the next uptate. V.WMG | October 18, 2021 “We are now close to not only producing next generation technology which will be incorporated into current and future designs that will bring efficiency and increase profitability to the Company, but our commercial pilot ...more  
Comment by RawSienna on Mar 02, 2022 2:30pm
optimistic bafflegab <-- LOL
Comment by AucontraireII on Mar 02, 2022 4:13pm
It's actually a form of condescension, and thus rather insulting. Them thinking that we can't figure this out.
Comment by Executer99 on Mar 04, 2022 1:10pm
Nobody seems to mind that the money they raise from continuous placements is being spent on vacation pay, salaries, investor relations, consulting and more B.S