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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

Post by CDtreeon Dec 16, 2021 10:19pm
386 Views
Post# 34239295

Sell the Magnesium, work on Gold

Sell the Magnesium, work on GoldWHY just put out a flow through private placement for $2,500,000 to do a gold drilling program for 2022. (2,976,000 share dilution) There is just too much going on here and nothing happening. No permits, no sales etc etc. Why not sell the Magnesium property and move on over to the Gold property. The Magnesium property could easily sell for 2 Billion USD. Divided by 70 million shares gives you $28.57 USD/$36.54 CDN per share. Frank gets approx $1.5 Billion. It will take many years of permits, build outs and head butting with beaurocrats to get to $36.54/share. Why not pay off the people who have been here for 13 years plus? There is way too much work to do for one property let alone 2. Magnesium is hot right now. Take advantage of it.
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