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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 Mar 28, 2021 3:26pm
97 Views
Post# 32895423

RE:RE:RE:RE:RE:RE:RE:RE:RE:WHY Analysis & SP Target

RE:RE:RE:RE:RE:RE:RE:RE:RE:WHY Analysis & SP TargetThis is good Scotty, you can count to 4. I was not certain some bashers are not topically clever. Now you might see how I get to a current $4/sh valuation based on the MgO mine quarry. WHY trades at a less than 1x 2022E earnings multiple and 0.25x based on 2024E earnings which is ridiculously low. Gold prospects ard reclamation processing and exploration / farm out potential and processing plant value are not factored in. Yet you worry about below average G&A costs to run a company listed on the TSX-V ... and other non issues. Hmmm. LOL. Will but more shares on Monday so thanks in advance. 10x looks easy once the capital raise completes. We are close to an inflection point. $1/sh will happen fast once the mine permit is in hand. I suggest you go short if you feel otherwise. A good squeeze is coming soon.
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