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Started By
Message
re: Western Magnesium Corp.
Posted on 10/22/21 at 3:44 pm to go ta hell ole miss
Posted on 10/22/21 at 3:44 pm to go ta hell ole miss
You can’t be serious
1
Posted on 10/22/21 at 4:06 pm to jimjackandjose
I wasn’t.
Posted on 10/22/21 at 5:42 pm to deltaland
MLYF is available on Fidelity.
Posted on 10/25/21 at 9:51 am to Buck_Rogers
Up 10% today..
Posted on 10/25/21 at 10:35 am to Lsut81
I bought some today. US Magnesium seems to be the major producer but they aren’t traded
Posted on 10/25/21 at 10:36 am to Lsut81
Global shortage of magnesium could cripple car industry
mining.com article
mining.com article
quote:
The world’s top automakers face disruption from tight global supplies of magnesium, as China’s power crisis threatens availability of the key component used to make aluminum, Germany’s association of metals producers WVM said on Tuesday.
Posted on 10/25/21 at 10:47 am to tenderfoot tigah
not much in this world that isn't falling apart right now.
Posted on 10/25/21 at 10:48 am to tenderfoot tigah
quote:
Global shortage of magnesium could cripple car industry
That's the play with this one.
Somewhere I also saw it posted that this group is about to open a new facility for production. Hoping for a nice pop.
Posted on 10/25/21 at 11:35 am to tenderfoot tigah
They should make cars out of steel again then
Posted on 10/26/21 at 8:02 am to Buck_Rogers
This is up about 20% since first being mentioned on here and not even on the first page of MB. I have made a nice gain on this. Shows how crazy this market is right now that those kind of gains are an afterthought compared to crypto, SLI and DWAC/DWACW/PHIN/BENE.
Posted on 10/26/21 at 9:47 am to lsurulzes88
They are debt and equity financed right now they have no cashflowing assets. Dilution is highly probable.
Posted on 10/26/21 at 9:59 am to wutangfinancial
So plan on holding the buy order until the dilution announcement?
Posted on 10/26/21 at 10:08 am to Wraytex
Speculators could take it up regardless so not necessarily. There's ways to calculate potential dilution with all the warrants outstanding and what not.
Posted on 10/28/21 at 9:29 am to tenderfoot tigah
Progress Update
quote:
Washington, D.C. – TheNewswire – October 27, 2021 – Western Magnesium Corporation (WMC) (TSXV: WMG; Frankfurt-3WM; OTCQB:MLYF) (“Western Magnesium” or the “Company”) is one step closer to rebuilding the United States Industrial base by offering its innovative, eco-friendly, and high-quality clean magnesium metal production solution starting in Harrison County, Ohio. The 122-acre property’s proximity to the future home of a modern mixed fuels power plant, a dolomite supplier, and an infrastructure of rail and highway will carry WMC’s finished magnesium product to industries across the U.S.
Evaluation work at the Cadiz, OH plant property is now underway as local drone and geotechnical firms (Whitemyer Advertising Inc. and Diversified Engineering, Inc.) have conducted light detection and ranging (LIDAR) drone surveys, as well as a topographical fly-over on the magnesium metal production property. This survey will enable Geographic Information System models to be created for environmental planning, geotechnical drilling, and early civil works planning for the property evaluation, facility design, and location.
The raw data and model sets have been completed and supplied to WMC by the contractors. This data is now ready to be reviewed by one of the chosen Engineering, Procurement, and Construction Management Groups that are currently undergoing review for the project. The near-term use of this data is to create the cut-fill analysis prior to early earth works beginning, to allow for proper planning and permitting of this process. A geotechnical drilling program to analyze and understand the stability and composition of the property will commence shortly thereafter.
Sam Ataya, Executive President and CEO said “We are excited to have started work on the site building toward the first full scale deployment of our proprietary magnesium extraction technology in the United States. Each step that we take continues to lay the foundation for building a state-of-the art magnesium production plant, which will provide hundreds of safe and well-paying jobs in the Harrison County area. Once the geotechnical work is complete, we will start the exciting process of working with local companies in Ohio to bid for the earth works
Posted on 10/28/21 at 11:25 am to deltaland
quote:
They should make cars out of steel again then
Yes yes
We all long for the days of 7 miles per gallon
Posted on 10/28/21 at 11:52 am to SkinnyTestaverde
quote:
They should make cars out of steel again then
Yes yes
We all long for the days of 7 miles per gallon
And surviving car crashes.
Posted on 10/28/21 at 12:24 pm to leeman101
I have an f350
I’ll be alright
I’ll be alright
Posted on 10/28/21 at 1:07 pm to SkinnyTestaverde
Just bought a couple of thousand shares.
Posted on 10/28/21 at 2:23 pm to Buck_Rogers
I’m really upset that I first mentioned magnesium on here and can’t even buy this stock on RH. Don’t feel like opening another damn account with fidelity
Posted on 10/28/21 at 2:52 pm to deltaland
Go to E-Trade. Why would you still have Robinhood after what they did their customers?
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