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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 > 690K plus shares traded.. ..SP remains the same??
View:
Post by RawSienna on Jul 12, 2022 4:19pm

690K plus shares traded.. ..SP remains the same??

Is this not the news Stockprobe19 was waiting for????
Certainly there is is some apprehension of the validity of the latest news release today
and the company in general.
What gives?
Is it a legitimate assay as I questioned in my other post?
https://stockhouse.com/companies/bullboard?symbol=v.wmg&postid=34818517
Comment by KonnectTheDots on Jul 12, 2022 6:24pm
Is this not the news Stockprobe19 was waiting for???? Well, its part of it. RE:RE:RE:RE:RE:RE:RE:SEC and EPA Investigate for Fraudulent Claims posted June 26, 2022 12:32 pm  by  stockprobe19 (65) Both the Valuation of the Technology and the purity of the metal that was produced can happen any time now. That question was asked a few times and answered as well. You can ...more  
Comment by stockprobe19 on Jul 12, 2022 7:48pm
KTD, I can see why the markets didn't do much at the end of May because the metal produced needed to be proven. Today's news was attacked right at the open and was relentless all day. There still is another report coming from a globally well respected lab. I expect the results to be similar to today. At some point a valuation will also come. 
Comment by RawSienna on Jul 12, 2022 9:29pm
. Attacked where? Just here? Not a single post on CEO, a couple of pumps on Stocktwits and a single post on Yahoo forum asking what happened? What forums are so negative?
Comment by KonnectTheDots on Jul 12, 2022 11:31pm
Stockprobe  I don't see a second report making much difference.  I interpret this and previous positive news as either the company has no credibility or it just isn't what the market is looking for.  look what the have claimed thus far: This will not only be the cleanest greenest magnesium producer in the world but the cleanest metal producer in the world.  ...more  
Comment by stockprobe19 on Jul 12, 2022 11:51pm
I see your point of view, it's from a production only angle. From that angle waiting to produce metal can be awhile away. My point of view isn't production but the advance technology they own. I believe it's valuation to be in the multiple billions. It will not only change the Magnesium way of production but probably every other metal as well. Producing magnesium is near sighted, think ...more  
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