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West High Yield (W.H.Y) Resources Ltd V.WHY

Alternate Symbol(s):  WHYRF

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

Comment by palfryvilleon Nov 06, 2017 7:31pm
100 Views
Post# 26915134

RE:RE:RE:You only have your greed to blame

RE:RE:RE:You only have your greed to blameFair enough ark, but is greed not an integral part of the market?  I mean is that not why we all are here?  I agree that the NR was shakey at best and Comical at worst.  I am on record a month ago saying that.

however how the market works is that on first blush, we all have a right to expect the C Suite to not only be honest (as far as that goes...) but to certainly not halt a stock (which draws attention) to announce a pie in the sky deal....

All those actions do is to fuel the momentum traders to supply volume which then sucks people in.

 I agree they should not get sucked in however they do.  The real problem here is to determine whether this all was orchestrated.  There is still $1.2M on the short side, which looks pretty good right now, let alone the few million skimmed during the run up.  It all still seems very amateurish in my view because its not THAT much dough in the big picture to ruin a company.  And it sucks that people have been hurt.  
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