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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 dmacdon Mar 23, 2021 1:33pm
100 Views
Post# 32858983

RE:RE:RE:RE:RE:RE:Forward Basie

RE:RE:RE:RE:RE:RE:Forward Basie We are where we are. I presume you bought in based on the resource. Permit to mine ore was more extensive to obtain than expected. Right now you are sitting on a 50x company once developed. I think you might not understand the value generated by the mining approval and what that means for financing expansion and processing. The potential here is massive. Sorry you are down at the moment but from my view buying makes more sense than selling at this juncture. Prob of success x prob upside vs prob risk of downside is the equation. World class deposits get developed so once the mini g permit is approved we are off to the races. The community needs this financing to do that. If I were able to I would toss in the $2.5M. :-)
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