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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 > Oh that PR
View:
Post by AucontraireII on Jun 29, 2022 9:29am

Oh that PR

"The Company is presently in the calibration and optimization phase which will continue until satisfactory operating parameters are defined." Does this imply that so far the operating parameters are NOT satisfactory? It seems to me that as usual a few things are said while a thousand things are left unsaid. I thought for sure we would see a number of some kind. Don't predominantly engineering companies use numbers? Are number's not in vogue anymore? How about an assay number? Quantity produced? Quantity foreseen to be produced? What is this statement supposed to convey? Cautious optimism? We haven't passed the stage of cautious optimism yet? As I read it, apparently not. Does anybody see it some other way? If so what have they told us today? In concrete terms...
Comment by Discordtostock on Jun 29, 2022 10:08am
100% Spot on AucontraireII   Sam had NO issues claiming this was 99% Pure Green Mag (numerous social media drops said made in America using low cost American Labor, which was deleted after I called them out on it), now we've walked that back too.   Sooooooo we are testing the equipment again?  Why?  Timeline?  Unsafe? Why wasn’t this done months and months ago?  I ...more  
Comment by MagInvestor1 on Jun 29, 2022 11:07am
I must admit this release lacks in general metrics to measure success against.  I would have perfered a release that had measureable timelines and what is actually being tested for what properities and by who.  Tangible guidance allows those in charge to have a measuring stick to be judged on while trying to proceed at a slightly faster pace.
Comment by AucontraireII on Jun 29, 2022 11:24am
Exactly MI, tangible, and I would add numerical, guidance binds their hands forcing them to produce the predicted result. This is exactly what they never do for us. Results are vague, predictions are vague, and so it's a little bit like waiting for a cloud to appear only to see it disappear while they jump up and down about it. Sam spends most of his time in interviews selling people on the ...more  
Comment by stockprobe19 on Jun 29, 2022 11:39am
Seriously Aucontraire, you are asking that question here on this site with posters that just want to destroy the company??  How can anyone that is designing new technology and the equipment to do the job, involving multiple functions, predict the outcome well in advance? When they do give you a timeline and they don't make it, everyone goes nuts. So why would WMG give you another timeline ...more  
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