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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 dmacdon Apr 12, 2021 12:38pm
92 Views
Post# 32977857

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Never have I seen

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Never have I seenIf you bothered to read the corporate news releases you would have known since October that the proceeds of the PP are required to "complete" the permit application process. I have regulatory experience from both industry and government sides, and unless the government expedites it can take a while to address their queries with supplemental responses and that requires consultants to do the work which requires cash. Your interference with raising capital does no service to shareholders. Your purposes are more nefarious and unethical. To be at this stage of advanced pre commercial development and not have a $100M market cap is a joke. Production starts in 2022, but 2028 like most juniors in this space and it needs $5M capex to get to profitability ... not $350M ... at fine point the market awakens to the giant here and you disappear... LOL.
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