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Western Magnesium Corp.

Posted on 10/20/21 at 10:46 pm
Posted by Buck_Rogers
Member since Jul 2013
1847 posts
Posted on 10/20/21 at 10:46 pm
Looks like now might be the time to invest in a North American magnesium company.
LINK
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1382 posts
Posted on 10/20/21 at 11:11 pm to
You had me at looks! LFG!
Posted by go ta hell ole miss
Member since Jan 2007
13635 posts
Posted on 10/20/21 at 11:20 pm to
Sounds like we are on our way to becoming Cuba when it comes to vehicles.
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 10/21/21 at 2:00 am to
2nd time I have heard someone mention magnesium today

Is there an American play?
This post was edited on 10/21/21 at 2:00 am
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10405 posts
Posted on 10/21/21 at 7:33 am to
If someone finds a good Magnesium play, please post it here and on the Discord. Magnesium is having a shortage.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10405 posts
Posted on 10/21/21 at 8:41 am to
Western Magnesium Corporation (MLYF) is the company for anyone interested. About to go online with their plant.

Western Magnesium Corporation (MLYF) Market Cap 249.177M
Operational Update
This post was edited on 10/21/21 at 8:44 am
Posted by go ta hell ole miss
Member since Jan 2007
13635 posts
Posted on 10/21/21 at 10:00 am to
I wet my toes a little this morning. I cannot dive in because I am probably already too heavy on spec plays with SLI and crypto.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10405 posts
Posted on 10/21/21 at 11:17 am to
Buck_Rogers, horrible DD posted in the OP, but holy cow! Great find!

Posted by GrizzlyAlloy
Member since Aug 2020
1655 posts
Posted on 10/21/21 at 3:55 pm to
This is interesting. Thanks for posting.
Posted by NoMercy
Member since Feb 2007
2706 posts
Posted on 10/21/21 at 5:09 pm to
I’m in for 10,000 shares. See you at $1. Haha
Posted by Buck_Rogers
Member since Jul 2013
1847 posts
Posted on 10/21/21 at 6:34 pm to
I didn't have much time when I made the OP, so I just threw the name of the particular company in the title. Figured everyone does his own DD anyhow. I'm in for 30k shares and just wanted to share the find.
Posted by jimjackandjose
Member since Jun 2011
6498 posts
Posted on 10/21/21 at 7:09 pm to
I’m red already! TD strikes again
Posted by lsurulzes88
Member since Jan 2007
398 posts
Posted on 10/21/21 at 9:26 pm to
Any concern with potential dilution? Approved capital shares at 1 billion with only 350ish million issued so far. Found that info on their investor relations page.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2005 posts
Posted on 10/21/21 at 9:27 pm to
If it ran much they probably would pull the trigger.
Posted by Buck_Rogers
Member since Jul 2013
1847 posts
Posted on 10/22/21 at 2:33 pm to
Agreed, but dilution is not bad if it's used properly to build equity. Time will tell.
Posted by deltaland
Member since Mar 2011
90719 posts
Posted on 10/22/21 at 2:38 pm to
Wonder why I can’t find MLYF on Robinhood?
Posted by Buck_Rogers
Member since Jul 2013
1847 posts
Posted on 10/22/21 at 2:44 pm to
Not sure. I use TDA and Vanguard
Posted by deltaland
Member since Mar 2011
90719 posts
Posted on 10/22/21 at 2:54 pm to
shite I don’t have time to set up another app before today’s close I just use RH to play around with this stuff I’m fairly new at doing it myself since the GameStop ordeal.

We have a broker that handles our large sums and puts them in safe investments for retirement and such I wouldn’t risk doing large amounts myself on any stocks. I play around with about 2k on RH mostly for my own amusement and little extra spending money
Posted by go ta hell ole miss
Member since Jan 2007
13635 posts
Posted on 10/22/21 at 3:17 pm to
Pretty good day today. I added more this morning. May add more next week.
Posted by go ta hell ole miss
Member since Jan 2007
13635 posts
Posted on 10/22/21 at 3:19 pm to
quote:

I’m red already! TD strikes again


You gave it all of one day before fussing and blaming this on TD? Where is the praise when it went up 9% in one day today?
This post was edited on 10/22/21 at 5:23 pm
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