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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 MiningSuckson Jun 24, 2022 2:15pm
289 Views
Post# 34780933

After 10 years

After 10 years

Lenders get paid:  $1,883,822 of outstanding debt owed to an arm's-length third party lender of the company via the issuance of common shares in the capital of the company.

Shareholders from 2012: 0 return. Missed opprtunity in growing sectors. Deadlines never met. Neverending story.

In ten years there have been 2 short lived spikes. This is just another OTC stock that you have to babysit everyday to catch a return.

You think the owners of giftshops and coffee shops in the "mining district" are going to allow the B.C. government to ok this kind of project.

Great project. Wrong province. Wrong company.

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