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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 May 17, 2022 2:42pm
217 Views
Post# 34689917

RE:Strange ?

RE:Strange ?It's thinly traded and a lot of the shares are not in the public float. Manipulation is easy for now. These stocks will trade sideways down until news is released and then you will see a pop and reset a step higher. The junior mining sector has generally corrected but it's due for a run up as the feds slowly release the $3.8B. I will not trade since i think we are deeply discounted vs it's potential. It should prove to be an interesting year ahead with so many irons in the fire. We need the BC gov to accept the permit submisiion, an updated PFS, and throw in fed funding for the pilot project and the cream would be gold drilling and reclamation progress. Lots of companies would be hyping right now but WHY has been quietly diligent. Slower than we all want ... sure ... but the potential has not diminished. One day we might wake up to a buy out offer but that is not something go count on. Lots of risk here but compelling upside too. There are obviously shareholders changing hands right now. Shorters would be silly to risk the overnight upside scenarios, but I can see why traders are playing with the SP on occasion. I am not aware of a better junior mining gambit.
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