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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 > Continuous process
View:
Post by KonnectTheDots on Oct 24, 2022 4:39pm

Continuous process

SP

Even the company states that they 'look to use a continuous process to produce magnesium'. 

Thu 14 Jul 2022

Western Magnesium Corp’s goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and lightweight qualities. Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium.


 

'Looking' isn't 'Found it'.

So claiming they have the NEW WORLD CLASS TECHNOLOGY  while saying ' If you increase the speed of feed of materials it can cause problems that need to be addressed' is a contradiction. 

At this point it's only accurate to say they are still working on developing the technology. 

This is demonstrated clearly in todays 'evaluation report':

$0.12-0.015 | -11.11%
 

Looking forward to the day when they actually have the technology. 

Comment by stockprobe19 on Oct 24, 2022 4:50pm
"At this point it's only accurate to say they are still working on developing the technology. " That is correct. They are developing the technology they have already created. The technology created the 99.83% purity Magnesium as posted in their news releases
Comment by AucontraireII on Oct 24, 2022 5:33pm
KTD, please let me interject here if I may between you and probe. The two of you have different goals as they relate to this stock. Your goal KTD is more aligned with how I see things which is I want to see the company producing, profitable, making money hand over fist and driving the stock price higher as a result. Because my ultimate goal is making money for myself. That's why I took some of ...more  
Comment by stockprobe19 on Oct 24, 2022 7:13pm
Only Jesus sits at the right hand of the Father, to say anything else is Blasphemy! That my friend is between you and God! 
Comment by AucontraireII on Oct 24, 2022 7:47pm
Thanks for proving my point probe... as only you can do it....
Comment by KonnectTheDots on Oct 24, 2022 7:56pm
Yes Aucon you are right, SP and I have very different goals.  I have no idea what his are From an investors point of you which I assume all people here are it doesn't matter if you have the technology if you can't capitalize on it.  Splitting hairs on the definition of 'having the technology' is pointless, the stocks at $.12 that's not what any of us got in here ...more  
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