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.

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West High Yield (W.H.Y) Resources Ltd > 2022 Corporate Presentation

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Comment by MoneyKon Feb 22, 2022 6:37pm

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Post# 34451994

RE:RE:RE:RE:2022 Corporate Presentation

In my opinion, they should concentrate their energy getting up to 1M tons of bulk magnesium @ $500 US with solid long term contracts and sell that project for 5x - 10x the EBITDA in the next couple of years. At a certain point, $2B to $4B US should make most shareholders happy? The commercial plant is 4-5 years away at minimum and who knows where the magnesium price will be at that point. MoneyK

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