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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 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.


TSXV:WHY - Post by User

West High Yield (W.H.Y) Resources Ltd
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Comment by strelioffon Jan 16, 2011 11:37pm
323 Views
Post# 17981780

RE: RE: RE: RE: RE: RE: RE: Necesito la leche de l

RE: RE: RE: RE: RE: RE: RE: Necesito la leche de lHere is the reality
impact of the magnesium duties on one formerly promising U.S. growth industry in May 2010
https://blogs.forbes.com/beltway/2011/01/03/death-by-antidumping/?boxes=financechannelforbes

Here is from Frank's mouth and not mine

You were asking the price of MG, it is $5071.00 Mt or $2.30 per pound
US. (www.magnesium.com)

Total 39,800,000 Mt *23.1% = 9,154,000/Mt * 78.6% Liberation
=7,195,044/mt

7,195,044/Mt * 2200/lb= 15829096800 /lb * $2.3USD per lb = USD
$36,483,420,565

Production costs are estimated at $598USD per Mt for the total
39,800,000Mt

$598*39,800,000 = $23,800,400,000

$36,483,420,565 – $23,800,400,000 = Net USD 12,683,020,565 after
production cost

*All calculations estimated*

Cheers to Magnesium! Thanks for all your kind support! For more
information supporting these calculations please review or NI43-10
Bullboard Posts
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