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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 > Mr Probe. Answer these simple questions in one line
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Post by Executer99 on Mar 06, 2023 11:03am

Mr Probe. Answer these simple questions in one line

1) Why does the company have 7 lawsuits ? 

2) what happened to Ohio and why hasn't the company let the shareholders know ?

3) why can't the company close a single private placement fully now ?

Comment by stockprobe19 on Mar 06, 2023 11:33am
Anyone can file a lawsuit, the state of Ohio is in a state of an emergency where it's water, land and air have been attacked with toxins and PP are being filled as needed. I am glad WMG never did build anything in Ohio. What would it be worth now? 
Comment by Sherry35 on Mar 06, 2023 5:45pm
To answer question 2, I believe the company has altered their business plan to setup the pilot plant in Neveda as a stepping stone to a larger facility to be built in the future. Makes perfect sense to place the plant right beside dolomite ore body. Just hope the exploration and ming permits are good order. I believe Mr. Lee has a plan to quarry the dolomite to feed the plant. Business plans ...more  
Comment by KonnectTheDots on Mar 06, 2023 5:54pm
Good answers. Hope you're right.  it is funny though years ago they had abandon the idea of mining the tami mosi property and decided to go on the path they had been taking. They could've saved a whole lot of time by just staying there.  Time and money   Live and learn, hopefully. 
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