West High Yield (W.H.Y) Resources Ltd V.WHY

Critical Mineral List

[aaron416]

https://www.nrcan.gc.ca/criticalminerals

Magnesium is on the list!!!! Also, others minerals WHY has proven up!

EXCITING news as renewables are gaining more attention

[MiningSucks]

That really doesnt matter. When you invest in w.h.y you are giving money to incompetent and/or greedy people. You are not investing in magnesium because this company will never mine for it.

[aaron416]

From what I read they have every intention to mine magnesium. Do you have other information you could share?

[MiningSucks]

Yes. I've been a shareholder for almost 6 years. It's simple. This company is just a constant fund raiser. Where does the money go ? Drilling has been done for years. Permit submitted in February 2019. Yes 2019 ! No news of progress or any communication is ever given. The only press releases we ever get is an announcement of a new PP.  From everything I have read over the years it

[truepatriot199]

This is FANTASTIC NEWS.  WHY has 4 of the Critical Minerals on the List of 31. Magnesium Nickel Cobalt Chromium Go check it out on their PEA.  Shows everything they have.  Approx. $50 Billion USD Proven already.   NPV ( Net Present Value) USA $1.339 Billion divide 68 mil shares outstanding= $19.69 USA share  This is the MOST undervalued stock.   They are in final

[MagSeeker]

Lol, they have been in the final stages to complete minin* permits for the past 3 years!   No money to complete nor have they been able to completely fill a PP to help progress permitting completion.  Money goes to internal debt and life of luxury.  It they do not completely fill this current PP, this company is toast unfortunately, poor management!   Assuming the stars line up

[aaron416]

I do see this has been taking a long time. It is well documented that BC takes a very long time to complete all stages. From what I have seen in other companies, is that once this hurdle is crossed significant value is realized. This is like a rocketship fueling ready to launch. Major tom to ground control! 

[MiningSucks]

Ready for launch

[Beaud7777]

March is great month to fly

[MagSeeker]

@416, I totally agree with your comments.  I have the same thing that permitting is the holy grail.  PP closes end of month, let's hope for the best it completes in full such that permit can be completed.  I have heard not much effort is left to finalize but this raises other questions of truly what is the issue.  Cash only??

[MiningSucks]

I'm hoping for the best. A company shouldn't have an entire lifetime with a mineral rights and lease to develop a mine. If you can't do it then don't waste shareholder time and money.

[Scot126]

True patriot - also from PEA "This claim was originally located by WHY on June 2, 2005, and is in good standing until February 28, 2023."Time is running out. You say this stock is undervalued - it is arguably worth nothing .If only it was that simple to just take the NPV number and divide by the number of shares to find true value.The trouble is you CANT do that . If this was the only

[MiningSucks]

Oh well, lessoned learned. Now I know why so much raw material comes from countries like china. With such a long and pointless process who would ever want to do this. Why invest money that just sits and does nothing for an entire lifetime. ? All we investors really did was provide salaries to people that accomplished .....nothing. Jesus, 2005

[truepatriot199]

https://www.visualcapitalist.com/35-minerals-critical-security-u-s/ Go to this link.  USA announced 35 Minerals Critical to U.S. Security. Magnesium is 4th on the list.  Also Chromium and Cobalt on the list.