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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 Jun 30, 2021 2:50pm
402 Views
Post# 33474238

RE:Magnesium demand

RE:Magnesium demandLooks like the Biden administration has still not figured out there is a massive supply of magnesium just north of the border. WHY needs to bring in the team to lead the company soon to get to the next level on all accounts. My guess is the right time to do that will be once the SP enables a less dilutive financing for $5M and the financiers and banks are scrambling for a position. I am not sure what will trigger the SP to rise, could be the EIA process or perhaps some other announcement. 

Are you a recent shareholder or a long timer? GLTA.  
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