West High Yield (W.H.Y) Resources Ltd V.WHY

Alternate Symbol(s): WHYRF

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 > MG price at 3 month high. Looking for Non Chinese sources

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Comment by MoneyKon Dec 31, 2021 9:29am

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Post# 34273432

RE:MG price at 3 month high. Looking for Non Chinese sources

Id be curious to know who participated in the PP. It closed very quickly. Why raise money months ahead of drilling, specially when they have the intention of selling magnesium in 2022? I'm thinking this was possibly strategic and related to the LOI? Hard to buy a huge amount of shares on the market, but this way it might please a strategic partner. MoneyK

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