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Bullboard - Stock Discussion Forum
West High Yield (W.H.Y) Resources Ltd
WHYRF
Primary Symbol:
V.WHY
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 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...
Company’s Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes 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. The known magnesium mineralization is located within two of the mineral claims. The infrastructure for the proposed development of the Record Ridge Property is located on mineral tenures controlled by the Company.
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Bullboard (TSXV:WHY)
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•••
Papa121
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Comment by
Papa121
on Dec 07, 2021 2:57pm
RE:RE:RE:Up 65% in the first morning hours?
It looks like this agreement is for the rock only, unrefined...so it's a fair price IMO..
(9)
•••
MoneyK
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Comment by
MoneyK
on Dec 07, 2021 2:48pm
RE:RE:RE:Up 65% in the first morning hours?
Called the company to clarify the NR and this is now my understanding. Their intention is to sell at least 200,000 metric tons at $500 US per ton. Here, we are talking about the rock coming out
...more
(38)
•••
tylerd
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Comment by
tylerd
on Dec 07, 2021 2:22pm
RE:RE:Up 65% in the first morning hours?
100% agree. But this is not Teck mining.... this is a startup NR from ostensibly a one-man show that needs money and credibility to move forward and the amount of Mag agreed upon
...more
(9)
•••
MoneyK
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Comment by
MoneyK
on Dec 07, 2021 1:22pm
RE:Up 65% in the first morning hours?
I'm a little confused with pricing. Isn't $500 per MT low? I was under the impression that $1500 should be the minimum. Isn't magnesium currently over $4000 per MT? MoneyK
(38)
•••
tylerd
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Post by
tylerd
on Dec 07, 2021 1:05pm
Up 65% in the first morning hours?
That NR is a big part of the street cred that we were looking for. Sorry Rat Poison.... sorry you lost so much money on that aborted sale a few years back but the longs here like me stuck
...more
(5)
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truepatriot199
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Post by
truepatriot199
on Dec 07, 2021 11:05am
NEWS . WHY SIGNS FORWARD CONTRACT TO SELL MAGNESIUM
WHY signs agreement with APG Galaxy Trade and Technology . Galaxy purchasing minimum 200,000 for $500 per Mt. during first 3 years. Thats over $100 million per year minimum to WHY.
(3)
•••
StonecoldDt
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Comment by
StonecoldDt
on Dec 07, 2021 9:23am
RE:Financial Statements look pretty hopeless
Its an unproductive mine so far, while they are sitting on the motherload they still have yet to pull a rock from the ground. Mines are inheiritly expensive to start with minimal if any profit in the
...more
(30)
•••
MiningSucks
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Comment by
MiningSucks
on Dec 07, 2021 9:06am
RE:Financial Statements look pretty hopeless
Isn't that why we are here? We are trying to get the SP up and stable to get financial support needed to get this mine permitted. I have been here holding for years and day traders are coming in
...more
(1)
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ratpoysen
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Post by
ratpoysen
on Dec 06, 2021 5:18pm
Financial Statements look pretty hopeless
Small wonder why WHY's Financials aren't shown on WHY's website... https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00023436&issuerType=03&projectNo=03308815
...more
(16)
•••
whatisWHYY
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Comment by
whatisWHYY
on Dec 05, 2021 12:35pm
RE:RE:RE:RE:RE:confirmation
one more question dmacd, if the requested work was completed Nov 16th, why would it take a month to submit the application? They say early december for submission of the permit application. What would
...more
(16)
•••
whatisWHYY
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Comment by
whatisWHYY
on Dec 05, 2021 12:14pm
RE:RE:RE:RE:confirmation
Projected submission by early December. Well I hope that is an accurate timeline. If WHY follows through with a submission and informs the instment community of that submission we might have some
...more
(1)
•••
ratpoysen
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Post by
ratpoysen
on Dec 04, 2021 5:49pm
WHY ain't any better than MGX - 5 cent stock
IMO, it's just another phony promotion, kinda like MGX. Considering the resident expert at WHY doesn't have any relavent experience in the mineral sector it's no surprise. On the other
...more
(163)
•••
gordo323
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Comment by
gordo323
on Dec 04, 2021 3:10pm
RE:"EXPERT OPINION "
The guy has poted once on this board .He is a basher check him out on the V.ETMC board that is the only place he has posted and it was all bashing.
(43)
•••
ragingcanadian1
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Comment by
ragingcanadian1
on Dec 04, 2021 11:28am
RE:"EXPERT OPINION "
He been on here since 2015 with zero posts. You do the math. Just another negative account spouting cr@p. Pay way more attention to the excellent long posts. Very good info
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