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 > Why so bad today?

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Comment by dmacdon May 04, 2023 4:55pm

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Post# 35431207

RE:RE:RE:RE:Why so bad today?

Sure. Dumb time to sell when permit progress is pending. No news since last update is probably a good thing. Lots of upside due to tight float and trading at $35M MC when it should be valued closer to $100M given where it's at today, and permit in hand drives it to $200M. Production and validated sales at $500/t drives it to $800M. A few things need to happen there but path to 20x us there within 18 months.

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