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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.


TSXV:WHY - Post by User

West High Yield (W.H.Y) Resources Ltd > 2022 Corporate Presentation
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Comment by MoneyKon Feb 22, 2022 6:37pm
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Post# 34451994

RE:RE:RE:RE:2022 Corporate Presentation

RE:RE:RE:RE:2022 Corporate PresentationIn my opinion, they should concentrate their energy getting up to 1M tons of bulk magnesium @ $500 US with solid long term contracts and sell that project for 5x - 10x the EBITDA in the next couple of years. At a certain point, $2B to $4B US should make most shareholders happy? The commercial plant is 4-5 years away at minimum and who knows where the magnesium price will be at that point. MoneyK
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