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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

View:
Post by Bigrig16 on Mar 13, 2023 1:38pm

What next

How about maybe that the TSX is a difficult exchange 
to deal with, as evidenced by the fact that the OTC is
still trading, obviously with a time extension 
Further, it is my opinion that given the previous accounting 
problems that occurred staff wise, it is not beyond reason 
that it would take some time for a new audit team to complete its work
As for Steve, yes he did have a tax filing issue, it may be noted that it was his personal taxes, and you fail to mention it was something like 15 or 20 years ago, so what ???
It is evident that the shareholders who voted did not view
any of this as a major concern !
Comment by RawSienna on Mar 13, 2023 1:52pm
Delinquent SEC reporting as reported by https://www.otcmarkets.com/stock/MLYF/overview "Company is not current in its reporting obligations under Section 13 or 15(d) of the Exchange Act." Only a matter of time.  
Comment by KonnectTheDots on Jan 30, 2024 3:30pm
Ya that's it Bigrig, the TSX is a difficult exchange to deal with! That's why they're getting sued by a security firm and a welding company.  A felon is the CFO, so what? The real shareholders who voted for everything that this board of directors recommended do not consider any of the management decisions made as a major concern.  Bigrig Where are you? How about ...more  
Comment by AucontraireII on Jan 30, 2024 8:23pm
Great post has always KTD.  Remember way back when years ago when they put out a press release saying that they had installed the bathrooms and the lounge area of some facility?   I can't remember all the details now.  We laughed about that then but now with looming lawsuits past present and future, looking in hindsight the lounge area was considered sufficiently material ...more  
Comment by KonnectTheDots on Jan 30, 2024 11:23pm
Ah yes Aucon, the washrooms a break room and even a microwave, who could forget? I guess we can't say that they never splurged on the workers. January is over so Split is out of the prognostication contest. Stockprobe, looks like it's all up to you!   Comment by stockprobe19on Jan 01, 2024 2:25pm RE:Resume Trading Thanks Splitcore, I'm thinking more like the end of ...more  
Comment by AucontraireII on Jan 31, 2024 7:42am
Oh yes KTD.  I remember now, even a microwave.  So if a slightly used microwave shows up at my door delivered by FedEx I should assume there was a settlement and this is what I'm getting out of it.  Especially if there's some heavy melted donut glaze residue burnt onto the sides of it.
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