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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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(16)
•••
whatisWHYY
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Comment by
whatisWHYY
on Dec 03, 2021 5:35pm
RE:RE:RE:RE:RE:confirmation
the company will assumedly be able to monetize its assets once a permit has been approved. Mine it or sell it, it doesn't really matter to me. Shareholders will benefit either way. We get money
...more
(1)
•••
ratpoysen
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Post by
ratpoysen
on Dec 03, 2021 5:32pm
Still way overpriced...
I think the current share price bump is an overreaction to the recent Mg price bump. I seriously doubt WHY will ever become a real company. Just my expert opinion.
(2)
•••
dmacd
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Comment by
dmacd
on Dec 03, 2021 5:10pm
RE:RE:RE:RE:confirmation
Keep in mind that the company has not officially stated that it will mine ore is 2022, and nor has it stated that it has a firm buyer for such ore. These are my own views as an investor as to what
...more
(2)
•••
dmacd
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Comment by
dmacd
on Dec 03, 2021 3:50pm
RE:RE:RE:confirmation
My understanding is that SRK was not able to expedite their resubmission scope given other commits and priorities for the personnel, and COVID did not help in that regards. Their scope SRK was
...more
(16)
•••
whatisWHYY
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Comment by
whatisWHYY
on Dec 03, 2021 1:49pm
RE:RE:confirmation
Thanks dmacd! I'mm not completely familiar with some of the specifics, so thats why I was looking for clarification. I see in the MDA that "the Company advises that SRK has completed the
...more
(2)
•••
dmacd
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Comment by
dmacd
on Dec 01, 2021 11:31pm
RE:confirmation
Suggest to read the MDA on Sedar. Nearly ready to submit is my understanding. A 4 to 6 mon government approval cycle requires the consultants to respond quickly to SIRs. Could take as long as 9 months
...more
(16)
•••
whatisWHYY
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Post by
whatisWHYY
on Dec 01, 2021 7:51pm
confirmation
has anyone called WHY to find out a more up to date timeline for the expected permit approval?
(2)
•••
Silkyminer
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Comment by
Silkyminer
on Nov 27, 2021 2:30pm
RE:RE:Permit timescale
Thanks - it keeps jumping quite a bit so trying to get the timing right
(4)
•••
Beaud7777
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Comment by
Beaud7777
on Nov 27, 2021 2:19pm
RE:Permit timescale
From the May 18th News release .... West High Yield recently re-engaged the Consultants to resume their work on the Permit application process. The Company is currently in the third and final review
...more
(30)
•••
MiningSucks
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Comment by
MiningSucks
on Nov 27, 2021 1:41pm
RE:Permit timescale
I would buy before the permit / news. It's cheap to buy right now. With a low OS count it will be hard to get in later.
(2)
•••
Silkyminer
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Post by
Silkyminer
on Nov 27, 2021 10:59am
Permit timescale
Does anyone know how long the permit process takes? Theres still no news on the submission so I'm surprised at the increased SP but hopefull nevertheless of good movement soon
(5)
•••
truepatriot199
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Post by
truepatriot199
on Nov 26, 2021 2:51pm
Magnesium Oxide to witness pronounce growth during 2021-2031
https://virtual-strategy.com/2021/11/25/magnesium-oxide-market-to-witness-a-pronounce-growth-during-2021-2031/
(5)
•••
truepatriot199
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Post by
truepatriot199
on Nov 26, 2021 2:49pm
Another GREAT article. WHY to the MOON
https://www.openpr.com/news/2475407/magnesium-metal-market-is-projected-to-rise-at-a-cagr-of-7-2
(5)
•••
truepatriot199
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Post by
truepatriot199
on Nov 26, 2021 2:47pm
Future looks bright for WHY. Growth to 2026
https://energysiren.co.ke/2021/11/25/europe-magnesium-and-magnesium-alloy-market-pointing-to-capture-largest-growth-2026/
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