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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 > Clearly something wrong here
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Post by AucontraireII on Jul 15, 2022 10:30am

Clearly something wrong here

Apologies for stating the obvious, but clearly there is something very wrong here that we haven't identified for sure yet. About 9 months ago we were at almost $1 canadian, and now look at where we are despite a huge and potentially worrisome milestone having been achieved. Yes they were late with it, yes they over promise and under deliver, but at least apparently they have delivered the goods. So what don't we know that's causing this? I have no idea obviously. Maybe it's the market itself, maybe there is something within the company that we'll be the last to find out about, maybe it's just the financials that are much worse than we can even imagine, or maybe the very premise the company is built on that there's a huge demand for magnesium is overrated. I don't know, but something has changed in 9 months and that is worth taking note of I'd say.
Comment by stockprobe19 on Jul 15, 2022 11:02am
You forgot to mention the obvious. Wmg is doing everthing right just taking longer than planned but they have NO control over the stock price. I have been telling people I know to get in while it's this low. A friend of mine talked to his broker to buy WMG but was told their market cap was to low and they won't buy stock that is PRICED BELOW A DOLLAR. Brokerage firms aren't buying. So ...more  
Comment by stockprobe19 on Jul 15, 2022 11:16am
As we speak trading house # 1 Anonymous is short selling the price down to start a downward trend. Shareholders are now expected to sell as well and a few will where Anonymous will buy back at the lower price and will have shares available to stop any upward momentum. I watch this every day. There are 3 or 4 trading houses playing the stock selling back and forth to each other to control the ...more  
Comment by KonnectTheDots on Jul 15, 2022 11:11am
Yup, looks like we are about to enter the teens again. Ah the teens, sure wuz a great period in ones life but also wild turbulent times. If the news gets any better we should be entering single digits by fall. But as our resident pumper says, this is a marvelous machine so have Faith (only if she agrees of course) Vote time! All those in favour of WMG following through on their promise to have ...more  
Comment by stockprobe19 on Jul 15, 2022 11:31am
KTD, notice how you swung over to the dark side, siding with E99, Disco duck and the other group of coachroaches. It's nice to see your true colors. The resident pumper has something to pump about. When a company hits major milestones and I post about it, it's not pumping but giving credit to those that have earned it. You on the other hand are fueling doubt and fear to what end? Are you ...more  
Comment by KonnectTheDots on Jul 15, 2022 11:35am
Just pushing for the company to do what they say, why are you against that?
Comment by stockprobe19 on Jul 15, 2022 11:49am
So did you contact management for an answer? Why are you asking the question on a site that has no answers but mostly misinformation? 
Comment by KonnectTheDots on Jul 15, 2022 12:15pm
That happens to be the point Stockprobe, the company continues to hit major milestones and with it new lows.  what does that tell you? to me it says people want something other than just the company's word.  Paul said there would be a tour, he must have had Ed's approval meaning they know they can do it without giving away secrets.  the fact that you say someone ...more  
Comment by stockprobe19 on Jul 15, 2022 1:51pm
Low stock price tells me that WMG is  busy working on moving forward their vision but short sellers are taking advantage of naive shareholders listening to this tread. Tell me again where Paul uses the word tour? Seem to me like someone isn't giving us the right information. If you are going to quote Paul at least use his words and don't make up other words. Clearly no TOUR is going ...more  
Comment by GoldHawk2012 on Jul 15, 2022 1:58pm
If you for a second think this board is responsible for the share price, your're totally delusional. If someone is providing you that analysis, then it's just excuses to cover for weakness and lack of experience. Only result matter, words are cheap.
Comment by stockprobe19 on Jul 15, 2022 2:59pm
Why don't you learn how to read first before spewing bs. In the last many posts I clearly explain the dropping share price. Some shareholders that read this board with it's cronic bashing and misinformation will sell because of it. Other investors that come here will also be influenced by these false messages and not buy shares. That's the whole purpose of the bashers working here ...more  
Comment by KonnectTheDots on Jul 15, 2022 3:17pm
Tell me again where Paul uses the word tour? You really are dim witted to think that makes your point. Chief Technology Officer, Paul Sauv, stated, “Approval of these inspections further demonstrates the competence of our engineering and construction teams. This work has taken a considerable effort and we are highly encouraged by what has been accomplished to date.”   The Company is ...more  
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