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 > level 2

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Comment by MiningSuckson Aug 13, 2022 3:35pm

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Post# 34894240

RE:RE:RE:RE:RE:level 2

Majority ownership doesn't prove or indicate anything. As far as I can see Big Mountain is making money. That money is coming from shareholders. Salaries are paid by shareholders...I suspect some staff have had a career working for w.h.y. 10 to 15 years ? so they own 37% of the shares it's not like they paid 40 plus cents for them. Some people are winning even without acually mining anything.

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