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

Alternate Symbol(s):  WHYRF

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

Comment by Donhowon Nov 02, 2017 12:02pm
151 Views
Post# 26894732

RE:$1 Billion Canadian Property Buy-out offer

RE:$1 Billion Canadian Property Buy-out offerA consumer of magnesium would probably hedge whatever amount they need if they are anticipating   a price increase. To go into the mining business would be like a professional hockey deciding to switch to skate manufacturing to get cheap skates.
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