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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

Comment by MoneyKon Mar 29, 2022 9:43am
229 Views
Post# 34555000

RE:Updated Presentation

RE:Updated PresentationWould prefer if they would have a valid 43-101 document available to shareholders within 45 days to back-up these numbers.

10% discount seems very conservative, but on the other hand, they are using much higher magnesium prices.  Being a very volatile commodity, I would tend to remain conservative and use lower numbers in my analysis.

IMO.

MoneyK
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