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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 StonecoldDton Feb 15, 2022 11:44am
315 Views
Post# 34430159

Amended Industrial Magnesium Mine Permit Application

Amended Industrial Magnesium Mine Permit ApplicationSo if I read the press release right, the permit was applied for Feb 14th, 2019, which most were waiting for news on but even I did not see that a permit app was in. This release to me confirms that as WHY has had to make amendmants to it as it was kicked back from the BC Ministry. So the 6 to 12 month permit process was met and now the review to ensure that WHY has made the correct amendmants were done which should be fairly quick in speculation of the PFS release coming out.

I believe this is the news we have been waiting for, aside from actually having a permit in hand the PFS and Amendment is the best news that has come out in a year.

Makes me feel warm and fuzzy knowing I have been holding for a year now, we should expect to see a good bump from this especialy as the rest of the stock market has responded well to Russia withdrawing some troops in Russia.

I speculate WHY will see an approved permit in the coming weeks, then the PFS will be around May and this stock will hit the moon by July.
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