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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 Scot126on Mar 28, 2021 5:10pm
75 Views
Post# 32895680

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

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

Hey numb skull it's one t like I said ! 

WHY trades on a huge premium to :-
1. Current (negative )cash flow
2. Current net asset value 
3. current earnings - negative again 
......... and has debt equivalent to 50% of market cap 

All of which you chose to ignore . You value the company at some crazy multiple of 2023 and 2024 earnings which are pure speculation! The company could be bust by 2023 

Particularly as the permits expire in two year time ( according to pea - please tell us all if this is shown anywhere to be incorrect)

I suggest you go and buy up all the cheap stock you possibly can while it's so so so so low pre the inflection point ( another Jack shlt statement if ever there was ) and make 10x your money - or was that 100x or 10000 x ? Fill your boots pal . No one is stopping you - while you are at it get some for ma and pa and all your good mates while you are at it.

Funny how the rest of the investing world places a different valuation on this .But hey you are the only one who sees this aren't you ??? Go see if Blackrock / JP Morgan / or buffet want a slice of the action ......ha ha ha !! 

 

 

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