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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.


TSXV:WHY - Post by User

West High Yield (W.H.Y) Resources Ltd > Strange ?
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Comment by dmacdon Jun 04, 2022 12:07am
245 Views
Post# 34731341

RE:RE:RE:RE:RE:RE:RE:RE:Strange ?

RE:RE:RE:RE:RE:RE:RE:RE:Strange ?Debt conversion move was bullish. Added to large position and accepted a higher price. Bearish would have been to raise the cash from Alumina and pay the debt from cash. I really appreciated this news. It derisks the investment.
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