West High Yield (W.H.Y) Resources Ltd V.WHY

Strange ?

[MiningSucks]

More volume but it drops. This is such a wierd stock.

[dmacd]

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

[MoneyK]

PFS coming soon per website! MoneyK

[gordo323]

Up 18% today anyone know anything or heard somthing ?

[MoneyK]

Downtrend seems reversed. Next leg starting? MoneyK

[whatisWHYY]

MD&A should be released before month end.  People may be buying on speculation it will include positive information. It may be that someone has some information and is buying based on that info.  Its still a dice roll until we get more info. 

[Beaud7777]

let's go, been a long ride

[dmacd]

Not much of a roll dice ... the results will be pretty pretty obvious to those familiar with the older PEA and the more recent pre-PFS. I am hoping to see a sensitivity analysis fue the various products. It might crack $2B ... just saying it would not shock me on the upside case. Cheers!

[whatisWHYY]

well their debt settlement agreement looks like it was with themselves. So they're basically issuing more shares to themsleves at $0.60 Dilution sucks, but it also means they see some future upside. I hope it means they believe the shares will go up soon, but theres no way to know.  The market doesnt seem to think its going up, otherwise the share price would be higher than today's 0

[dmacd]

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.

[MoneyK]

Anyone have an idea where to follow magnesium prices? I found this website, but it does not really make a distinction between 99% MgO and 99% Mg(OH)2. https://tradingeconomics.com/commodity/magnesium Does anyone know where the NPV (10%) numbers, currently on the corporate presentation are coming from? Not quite sure why they are using 10%... seems pretty high for a simple projet in Canada