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

Primary Symbol: V.WHY

Metals & Mining Industrial Metals & Minerals

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.

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West High Yield (W.H.Y) Resources Ltd > Galaxy website

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Comment by MoneyKon Dec 08, 2021 10:06am

158 Views

Post# 34210198

RE:RE:Galaxy website

Yes, fully agree. That is aligned with my conversation with the office.

How much are equivalent gold projects selling for these days? 5-10-15-20 times the EBITDA?

Do the math using only 150M CAD of EBITDA per year with phase 1.

IMO.

MoneyK

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