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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 Apr 03, 2022 4:10pm
240 Views
Post# 34571460

RE:RE:RE:Updated Presentation

RE:RE:RE:Updated PresentationNPV is 1.3B vs .05B market cap. It's pretty discounted per my analysis and should be trading at 15% of NAV at this stage for the big project, although the mine quarry should br trading at 30% NAV pre permit given its simplicity. Hoping to see economics for both cases run. Hard to not see strong results on the go forward but time and money it will require.
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