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... see more

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Post by CDtreeon Oct 26, 2021 4:17pm

The Whole Picture

The TSX gave WHY permission to release the proposed sale for $750M. The CEO made the call to halt not TSX. Then Bloomberg jumped in on it to sensationalize the deal. Also, the CEO of $WHY has not sold ...more

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Discussion

Post by CDtreeon Oct 26, 2021 4:05pm

The Whole Picture

This property was originally marketed as a gold bearing asset with Magnesium secondary. It is now presented as a super green Magnesium play with millions of tons of Magnesium but also has millions of ...more

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Discussion

Comment by ragingcanadian1on Oct 26, 2021 3:57pm

RE:RE:RE:RE:RE:This is Interesting

Ya. From.what I read that was a sh1t show. Cost why 200k. Oh well

Discussion

Comment by MoneyKon Oct 26, 2021 3:20pm

RE:RE:RE:RE:This is Interesting

I'm not saying that a sale could not happen, but rather saying that it should never be done like in 2017. MoneyK

Discussion

Comment by ragingcanadian1on Oct 26, 2021 2:34pm

RE:RE:RE:This is Interesting

Never say never. My only point is when was the last time magnesium was top of anyone's mind? If ever. Now is the time for WHY to move. Does it mean throw all caution to wind and run around ...more

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Discussion

Comment by MoneyKon Oct 26, 2021 2:11pm

RE:RE:This is Interesting

I don't think this will ever happen again. The stock should be halted before any announcement and it better be done with all the due diligence done prior. MoneyK

Discussion

Comment by tdsbon Oct 26, 2021 1:59pm

RE:This is Interesting

Although the deal with Gryphon Enterprises was cancelled if you look at the 5 year chart you will see that when this deal was signed it caused West Yield's share price to spike over $2., in a huge ...more

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Discussion

Comment by MoneyKon Oct 26, 2021 1:44pm

RE:This is Interesting

It's worth what somebody is willing to pay and I doubt anyone would purchase the property based on SPOT price. Long term pricing is mostly used for M&A transactions. If these ...more

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Discussion

Post by tdsbon Oct 26, 2021 1:39pm

This is Interesting

If you go to West High Yield Resources webpage and read the news release from October the 5th 2017, West High Yield Resources was offered and signed a deal from Gryphon Enterprises to buy their Record ...more

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Comment by ragingcanadian1on Oct 26, 2021 1:34pm

RE:RE:RE:RE:BOOM

When I say big player I mean major miner. Rio Tinto. Etc

Discussion

Comment by MarketGod99on Oct 26, 2021 1:00pm

RE:RE:RE:BOOM

A big player did go in yesterday at .49 cents with a cross trade 725k shares traded in one shot . I don't think anyone would go in at that price if they are not confident that they will make ...more

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Discussion

Post by tdsbon Oct 26, 2021 12:49pm

The Asks

Look thin does anyone have level 2 quotes on the asks, if you do could you let the board know! CHEERS

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Comment by ragingcanadian1on Oct 26, 2021 12:07pm

RE:RE:BOOM

Now lets see what management does. They should be on massive PR campaign to draw attention to this gem. #1 push SP up (not P&D) but to gain the capital and leverage to push this project forward ...more

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