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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 > Incompetence , bad timing, unprofitable process?
View:
Post by KonnectTheDots on Nov 09, 2022 2:59pm

Incompetence , bad timing, unprofitable process?

You do have to wonder why they set up so much of their marketing structure so far in advance of having any revenue?
It would only have ever made any sense if production was just around the corner that would've been a couple years ago. 

So did they miscalculate or was it just wishful thinking?

It's way past time for when they should've had some kind of a meaningful news release to explain what's going on. 

Stockprobe, you've been nothing but optimistic in the past that this was gonna be a big deal, any idea what's going on?

And what happened to big (It's been so long since he posted I can't even remember his handle)
Bigwheel I guess, you're a buddy of Ed's can't you let us know what's happening?
Both of your silences isn't a good sign.

Comment by AucontraireII on Nov 10, 2022 12:01pm
Oh yeah ktd, I have wondered that for a long time. Why do they need such a high level staff, and so many, so long before they had even verified the process at the pilot plant? If there really is such a demand for magnesium, why would you even need a sales staff at all much less years before it might go into production sufficient for an end user? Especially when money is so tight and dilution so ...more  
Comment by KonnectTheDots on Nov 10, 2022 2:42pm
Yup, and even the defenders of the faith appear to have left the building.  That's not good   We are doomed....
Comment by stockprobe19 on Nov 10, 2022 3:46pm
There is no faith to be found on this site. Silence is golden. WMG has 2 million to work with, many things can happen when one has capital. 
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