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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 whatisWHYYon Feb 23, 2022 10:31am
203 Views
Post# 34453618

RE:RE:RE:RE:RE:RE:RE:2022 Corporate Presentation

RE:RE:RE:RE:RE:RE:RE:2022 Corporate PresentationThe Feb 14 news release said they're asking KPM to make a "43-101 compliant report" and record ridge magnesium production plant. The problem is that they allegedly already asked KPM for these reports as per their November 2021 MD&A

The corporate presentation says "Updated PEA Highlights Based on PFS-Stage 2 (2021)" which means that WHY created this NPV using whatever information they have recieved from KPM to date. Allegedly. The NPV was created by WHY, not by KPM. 

More cryptic messages from management.

I, as I'm sure other investors are, looking forward to seeing KPMs official report. Assuming we get one. Theres a reason investors want a report created by a third party, to verify results, not just trust management. I do hope for the best to come from KPM's report, but I do need to see it before I believe any numbers.
Again, I believe we have to wait for this to come out before we can be truly optimistic. But everyone is entitled to their opinion. I like to base my opinion on facts.
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