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Bullboard - Stock Discussion Forum 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... see more

TSXV:WHY - Post Discussion

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Post by Eoj123 on Apr 10, 2021 11:53am

Never have I seen

Never have I seen a public company solicit cash from retail investors via Stockhouse advertising, talk about rattling a cup in desperation. Way to go Frankie, you instill such confidence, not at all like a used car salesman
Comment by dmacd on Apr 10, 2021 4:39pm
LOL. You clearly must be blind then EOJ. It is called social media and SH provides this service. Not unusual at all if you check their deal room. To the left ...
Comment by Eoj123 on Apr 10, 2021 5:41pm
Only the desperate need apply, if you've got the goods and a good reputation the money finds you, but nice try. You sound like a shill
Comment by dmacd on Apr 11, 2021 10:16am
I guess you are not a value finder and prefer hyped stocks. Value stocks do get noticed and the inflection point is close for WHY. These are gems for investors to hunt and here is one. Why not ask an intelligent queries rather than raise speculative, misinformed innuendo. Talk to me about the mine permit status and NI43-101 resource. Those were both created and.advanced by the CEO you casually and ...more  
Comment by Eoj123 on Apr 11, 2021 11:07am
There's a big difference between knowledge and wisdom. Good luck with your fundraising Shill
Comment by MiningSucks on Apr 11, 2021 12:18pm
Keyword Misinformed.  Any update on the "reviews" for the mining permit would have been nice. What is a shareholder supose to think when the SP has been dropping ever since the mine permit was submitted.  I don't know what info can be shared with the public but I have heard that usually there is some news within 3 months. It's been 2 years for this permit. Am I missing ...more  
Comment by dmacd on Apr 11, 2021 12:33pm
Have you tried a simple phone call up the company?
Comment by Eoj123 on Apr 11, 2021 12:52pm
Ask for dmacd
Comment by dmacd on Apr 11, 2021 4:10pm
I have no affiliation with WHY other than as a shareholder. Not sure why you feel otherwise. To the left EOJ with your sisters in crime.
Comment by Eoj123 on Apr 11, 2021 4:32pm
I see, so your just a Kool-Aid sipper then. That's fine, the world needs some of you guys too. Frankie thanks you
Comment by dmacd on Apr 12, 2021 1:41am
No koolaid, rather astute simple and independent thinking. For example, 43MT resource x $100/T = $430M of future cashflow. Actual netback will be higher with Mg growth cycle and processing to generate higher value products. It is unparalleled to be in the position to generate cashflow from raw ore sales starting next summer!! The end result will be less dilution than its peers in this space. Gold ...more  
Comment by dmacd on Apr 12, 2021 10:04am
Actually I was hoping you would notice I dropped a zero.. The pre-discounted crushed ore resource value is 43MT x $100MT = $4.3 billion. Thought I might get your attention there.
Comment by dmacd on Apr 12, 2021 10:17am
WHY market cap of $11M divided by 43MT if raw ore gives a valuation of $0.25/T in the ground. If it is worth only $100/T out of the ground then the valuation is 1/400. Permits are close and products roll next summer. The.company added this value. Shareholders should be seeing upside soon enough. My 50x projections are not bssed on dreams.
Comment by Eoj123 on Apr 12, 2021 10:51am
Comment by MiningSucks on Apr 12, 2021 11:10am
Thanks for sharing all this exciting info. The problem is nobody thinks this company is capable of getting the permits we need to do everything you are talking about. Over 2 years leaving shareholders with declining SP and no news, updates or direction. Why not tell shareholders what is stalling the permiting? Other investors are looking at this company's history and what do you think they are ...more  
Comment by dmacd on Apr 12, 2021 12:38pm
If you bothered to read the corporate news releases you would have known since October that the proceeds of the PP are required to "complete" the permit application process. I have regulatory experience from both industry and government sides, and unless the government expedites it can take a while to address their queries with supplemental responses and that requires consultants to do ...more  
Comment by MiningSucks on Apr 12, 2021 1:36pm
Ok, whoever you are. I hope what you say has at least some truth. Nothing wrong with me expressing disappointment with what has been happening. IMO the CEO desn't seem to be involved with shareholders. I am a loyal shareholder of this company. I am really hoping for the best. This is a long frustrating process. Again I hope to see this company in production soon.
Comment by dmacd on Apr 12, 2021 2:10pm
OMG. Magseeker ... can it be that we are on the same side. I have put in countless hours researching this company. I believe we are close to inflection point. You may not have enjoyed the ride to date but with the PP in place, the roller coaster heads up. I bought near the bottom and my timing will prove outstanding. If only all of my picks were so fortunate. :-)
Comment by TriumphSpitSix on Apr 21, 2021 2:03pm
Evidently they can't even get a Private Placement right, or a "Royalty Unit Transaction" or whatever they are calling it today. How many changes in terms and deadline extensions is it now? Previous subscribers protesting multiple significant changes in terms? WHY staff incompetent much? Where's the Caveat Emptor icon when you need it?
Comment by MiningSucks on Apr 21, 2021 2:52pm
W.h.y staff. find people you need to get this mine built. There are people out there that can do this. Post the job. Even with all the short comings of this I can't believe there is not more interest. It's relatively cheap to get into. Is there not a demand for this metal. Does the BC government not want mining?
Comment by dmacd on Apr 23, 2021 3:19pm
WHY needs to raise the last few million to complete permit process, detail the mine design, and put in place contracts for the planned contracted operation. Financing is the next step to move ahead.
Comment by MiningSucks on Apr 23, 2021 4:45pm
It's taking time but will be worth the wait.
Comment by MagSeeker on Apr 11, 2021 12:56pm
This post has been removed in accordance with Community Policy
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