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Bullboard - Stock Discussion Forum West High Yield (W.H.Y) Resources Ltd V.WHY

Alternate Symbol(s):  WHYRF

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... see more

TSXV:WHY - Post Discussion

West High Yield (W.H.Y) Resources Ltd > I’m calling it. I see a 15 bagger coming before end of 21
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Post by tylerd on Oct 25, 2021 12:47am

I’m calling it. I see a 15 bagger coming before end of 21

At least a ten-er....   But I've been wrong aplenty so caveat emptor.   The  fact that this is considered green business will draw disproportionately high interest just because of leaf lickers and the govs that pander to them...  specifically Mag.  But Gold, Silicone, Silver, Lead, et al.

full disclosure.   I'm long and holding longer than most if not all of you.
Comment by dmacd on Oct 25, 2021 10:08am
Need the permit in play and a credible offtake agreement or equity stake for that Perfect timing for a run up and keep in mind that magnesium demand will grow way beyond current and China will not be the preferred supplier for EU and US.
Comment by ragingcanadian1 on Oct 25, 2021 10:29am
I hopped in a day before run-up. Gotta say the timing was perfect. More often than i like to admit it goes the other way. Lol. Gotta love the pennies. I see run too buck on hope. If news comes soon of approval then we'll beyond that. If it drags on... then fickle gamblers move on and drift down. Let's hope management takes full advantage of the interest at this time. Assuming they can. But ...more  
Comment by MoneyK on Oct 25, 2021 5:06pm
10-15x from what level? Whats your rational behind that valuation? Is 5% discount typical in magnesium projects? Im used to see 8%. Grabbed a couple of shares today a new to this company. Thanks MoneyK
Comment by tdsb on Oct 25, 2021 6:07pm
tylerd, I can understand your excitement but please let's not get carried away with unreal predictions. We are all in this to make a profit, what kills the markets for most investors is they forget to sell when the stock goes higher, let's try to agree that for now we will all be handsomely rewarded if we see a double from here, anything more is gravy. Try to take it one step at a time, I ...more  
Comment by MoneyK on Oct 25, 2021 9:22pm
Being new to this company, I looked at the numbers and very solid project. How is this company trading at only 35M? Unless I'm missing something, I could see this company trading at 5x-10x the current value. IMO. MoneyK
Comment by Beaud7777 on Oct 25, 2021 9:33pm
No mine permit yet. Been working on getting that for 16 years now. We are hoping that news is coming. Will launch this thing into orbit.
Comment by MoneyK on Oct 25, 2021 9:37pm
I could see this happening in the next couple of months based on my research! MoneyK
Comment by ragingcanadian1 on Oct 25, 2021 9:44pm
Hard to say. I'm new here. Permit application started over 2 years ago. BC is full of bizarre econuts so getting this stuff thru takes forever. But with magnesium going through the roof. Threatening eastern Canadian auto plants getting their aluminum not to mention Eastern Canadian aluminum miminh interests this might get ball rolling faster. The hail mary here is large miner seeing the value ...more  
Comment by MarketGod99 on Oct 25, 2021 9:55pm
I agree ! If only were able to get permit anytime soon , this ....oh man . Well be very happy . I don't there will be any agreements with china anytime soon .
Comment by MoneyK on Oct 25, 2021 10:13pm
Where do you guys track magnesium prices? MoneyK