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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 Dec 09, 2021 2:07pm
278 Views
Post# 34215482

RE:RE:RE:RE:RE:RE:RE:Galaxy website

RE:RE:RE:RE:RE:RE:RE:Galaxy websitePermit submission is top priority per my understanding, along with PFS update, definitive agreement negotiations, purification technology selection investigations, early prep for mining and cash raise, etc. Frank is a superman to carry so many balls so shareholder value or SP is optimized. SP still deeply discounted hence a cash raise will not be too large. Galaxy looks ambitious and if it does not happen then others who were asleep just woke up ... though maybe too late though and I doubt anyone will pony up to buy the asset for a fair price. This is the last low priced PP and those who waffled before know the asset is still dirt cheap below $200M.
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