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


Primary Symbol: V.WHY

West High Yield (WHY) Resources Ltd is a Canada-based junior mining exploration and development company. The Company is focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The... see more

Bullboard (TSXV:WHY)

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Comment by StonecoldDton Jan 20, 2022 9:29am

RE:RE:RE:RE:MG price at 3 month high. Looking for Non Chinese sources

Well looks like you hit the nail on the head, funds from Alumina have arrived. Looks like they are trying to remove all roadblocks for when the permit gets approved to thwart delays for a start in ...more  
Comment by dmacdon Jan 11, 2022 8:35pm

RE:RE:RE:MG price at 3 month high. Looking for Non Chinese sources

Funds from Alumina might need to come earlier than the permit on hand. Large project PFS and pilot engineering need to remain funded. Gov funding news for the pilot will add $15M of non-dilutive funds ...more  
Comment by dmacdon Jan 10, 2022 7:23pm

RE:RE:RE:RE:RE:MG price at 3 month high. Looking for Non Chinese sources

So $500M to 1 0B market cap once the deal is fully derisked for ore sales and delivery. These are USD figures. So 10x in 12 months pathway is clear from this lever alone.
Comment by dmacdon Jan 10, 2022 7:17pm

RE:RE:RE:RE:MG price at 3 month high. Looking for Non Chinese sources

The PFS NPV for the plant will be excellent. Their slide deck shows the economics for the gravel mine but assumed around $90/t or so. That needs to be updated for $500/t or $120M/yr cashflow. Permit ...more  
Comment by MoneyKon Jan 01, 2022 7:56pm

RE:RE:RE:MG price at 3 month high. Looking for Non Chinese sources

Anyone ever calculated the possible cash flow with magnesium at 8K to 11K per ton? The PEA is using 1.5K! Just crazy to imagine that a future plant could generate billions per year. MoneyK
Comment by truepatriot199on Jan 01, 2022 11:06am

RE:RE:MG price at 3 month high. Looking for Non Chinese sources

With the $2.5 mil they can start drilling by the end of May for GOLD.  The Magnesium money wont start coming in until the permit is received.  We hope it is 6-9 months from when it gets ...more  
Comment by MoneyKon Dec 31, 2021 9:29am

RE:MG price at 3 month high. Looking for Non Chinese sources

Id be curious to know who participated in the PP. It closed very quickly. Why raise money months ahead of drilling, specially when they have the intention of selling magnesium in 2022? I'm ...more  
Post by truepatriot199on Dec 30, 2021 7:25pm

MG price at 3 month high. Looking for Non Chinese sources

https://www.nxtmine.com/news/articles/base-metals/prices-for-magnesium-at-3-month-highs-scramble-is-on-for-non-chinese-supply/
Post by truepatriot199on Dec 30, 2021 7:24pm

WHY closes $2.5 mil financing.

Company is now funded to start the GOLD drilling in the spring.  
Post by ragingcanadian1on Dec 26, 2021 9:57am

Interesting article

Already know much of this. Personally didn't know Matalco was running out. Partner? Buyout? https://www.breitbart.com/asia/2021/12/24/china-limits-magnesium-production-causing-supply-chain ...more  
Comment by ragingcanadian1on Dec 20, 2021 6:07pm

RE:RE:RE:RE:RE:Reality

You do know this is a junior mining company right? This is why it still trades in pennies? It is in exploratory and early stage company? I love your attempt to paint this as a competitor to Rio at the ...more  
Comment by dmacdon Dec 20, 2021 1:38pm

RE:RE:RE:RE:RE:Reality

Sure. Wait till it is all derisked. You can buy in a few years for $10/sh. You can ride the commodity cycles and growth phases. We will get an update soon on permits. Often the government sends them ...more  
Comment by whatisWHYYon Dec 20, 2021 11:12am

RE:RE:RE:RE:Reality

"one put 2.5m into gold"? No, yet another public offering for 2.9m shares, potentially for 2.5m dollars if fully sold. If someone wanted to buy at .85 they could do that in the public market ...more  
Comment by truepatriot199on Dec 19, 2021 9:31am

RE:RE:RE:RE:Reality

We have potentially 2 world class discoveries.  A smart move would be to split them up into 2 seperate companies.  Remember back in the 60's it was a operating gold mine. Watch this next ...more  
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