Bullboard - Stock Discussion Forum West High Yield (W.H.Y) Resources Ltd V.WHY

Alternate Symbol(s): WHYRF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:WHY - Post Discussion

West High Yield (W.H.Y) Resources Ltd > Maybe not so great ?

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Post by Ex99swallows on Jul 29, 2021 11:51am

Maybe not so great ?

Pretty sure Western High Yield got themselves into some pretty hot water a few years back. A rumour spread that the company was going to sell for $750m. I believe the rumour was spread by an insider. Stock was halted for a long time. Something along those lines. Proceed with caution.

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Comment by Beaud7777 on Jul 29, 2021 12:36pm

Not a rumor. There was a actual purchase contract, the deal fell through, but WHY was investigated for months and all trades from that day stood. They went through everything WHY claimed and all stood. Which gives me confidence in there finding IMO

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Comment by dmacd on Jul 29, 2021 1:29pm

The company would have consulted the exchange and obtain approval prior to news release. The exchange should have halted the stock pending due diligence but chose to. When the offer fell through the exchange investigated to ensure no wrong doing, The buyer who ought to have been investigated. Your post is irrelevant ... old news. LOL.

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