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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

Post by dmacdon May 18, 2021 11:18am
302 Views
Post# 33221921

News - General Update

News - General Update Nice update! Should be a SP uptick once the news disseminates. W.H.Y needs to clear a small overhang from investor(s) who do not understand the inflection point has arrived. I am hoping to see more news flow and interest. The mine has numerous advantages with the mine located adjacent to the Cascade Highway and close to the city of Rossland, power lines, and a fairly short run for rail access. Magnesium demand will explode to meet green demands. We need to next get an update on the feasibility study findings for the mine. It would be good to see the NPV for selling raw ore. Shareholders need to understand that once the permit is on hand then W.H.Y will convert to reserves based on a sanctioned mine project. This is what will drive the shares in the near term.
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