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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 Apr 12, 2021 12:38pm
107 Views
Post# 32977857

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Never have I seen

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Never have I seenIf you bothered to read the corporate news releases you would have known since October that the proceeds of the PP are required to "complete" the permit application process. I have regulatory experience from both industry and government sides, and unless the government expedites it can take a while to address their queries with supplemental responses and that requires consultants to do the work which requires cash. Your interference with raising capital does no service to shareholders. Your purposes are more nefarious and unethical. To be at this stage of advanced pre commercial development and not have a $100M market cap is a joke. Production starts in 2022, but 2028 like most juniors in this space and it needs $5M capex to get to profitability ... not $350M ... at fine point the market awakens to the giant here and you disappear... LOL.
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