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West High Yield (W.H.Y) Resources Ltd V.WHY

Alternate Symbol(s):  WHYRF

Metals & Mining Industrial Metals & Minerals
West High Yield (WHY) Resources Ltd is a Canada-based junior mining exploration and development company. The Company is focused on the acquisition, exploration, and development of mineral resource properties in Canada with a primary objective to develop its Record Ridge magnesium, silica, and nickel deposit using green processing techniques to minimize waste and CO2 emissions. Its Record Ridge magnesium deposit is situated approximately 10 kilometers (kms) southwest of Rossland, British Columbia and has approximately 10.6 million tons of contained magnesium. The Company retains 100% of the mineral rights to the Record Ridge Property, which consists of 29 contiguous mineral claims, eight crown-granted claims, and one privately owned claim totaling 8,972 hectares.


TSXV:WHY - Post by User

West High Yield (W.H.Y) Resources Ltd
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Comment by SergioDon Oct 26, 2017 3:53pm
102 Views
Post# 26864618

RE:RE:Manufacturing of rail hopper cars What company could this be

RE:RE:Manufacturing of rail hopper cars What company could this be
Very distrubing.

Your argument reagarding the mine numbers are off. You should probably redo your math with current magnesium prices. That might change your outlook.

In any case, my argument was only that the magnesium in the ground is worth billions. That makes a 750 million price tag PLAUSIBLE. If there was only 500 million worth of magnesium in the ground, then a 750 million price tage wouldn't be in the realm of possibility. That is it. I am not commenting on whether it is actually economical to start a mine. That is a very complicated question that a potential buyer would have to work on with experts.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities