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West High Yield (W.H.Y) Resources Ltd WHYRF


Primary Symbol: V.WHY

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 May 07, 2021 2:50pm
129 Views
Post# 33153948

RE:RE:RE:Recent Financing Funds the Mine Permit

RE:RE:RE:Recent Financing Funds the Mine Permit I have had the same juniors phenomena with mining, O&G, pharma, tech, med tech and emerging manufacturers. Depending on market sentiment and well timed promotion the SP can elevate. Often it seems they are deep value and then for various reasons an inflection point occurs and suddenly everyone rushes in. I sometimes have to hold for up to 5 years for a proper valuation and over these years will load up with my high conviction picks. I think with WHY we are starting to see just now how tight the bid / ask will be so if anyone wants a large chunck they will have to drive up the SP. The thing I know for sure is the SP will not be near this value once the mine has one or two quarters of operations so by the fall of next year we will be trading much higher. I am already overweighted in WHY vs my ususual restraint on first entry into a story but this one was too compelling and the timing is too close to risk not loading up. Let's see what happens to the SP on some inflection news with 5M shares trading hands ... rocket ship maybe. 

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