Bullboard - Stock Discussion Forum Western Magnesium Corp V.WMG.H

Alternate Symbol(s): MLYF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:WMG.H - Post Discussion

Western Magnesium Corp > Interesting short numbers....

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Post by RawSienna on Jul 18, 2022 12:26pm

Interesting short numbers....

From IBorrowDesk

https://iborrowdesk.com/report/MLYF

Up untill approx. mid February the shorts available were approx 350,000
From mid February to approx. the second week of of March shorts available were approx. 1,500,000
From second week of March until now shorts available are 2,500,000

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Comment by stockprobe19 on Jul 18, 2022 2:26pm

Yup, lots of manipulating ammunition. I see Anonymous and National bank are hard at it flushing out the weak hands while covering their short positins. At the same time creating yet another red candlestick. Fun times at WMG.

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Comment by stockprobe19 on Jul 18, 2022 3:55pm

Good volume today I wonder if news is pending

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Comment by AucontraireII on Jul 18, 2022 5:25pm

Pray that this action today is not because of some pending news. If it is, the news isn't just bad it's devastating. Normally a stock with price action like this after a good announcement never really recovers in my experience. There is some underlying damage that only comes out slowly and over years but never directly in the form of a direct honest press release. You have to read between ...more

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