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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 > Aaahhhh. Multibaggers
View:
Post by ragingcanadian1 on Nov 16, 2021 8:14pm

Aaahhhh. Multibaggers

Gotta love em. Other than cryptos WHY is my best performer. Thank you China.
Comment by ragingcanadian1 on Nov 16, 2021 10:05pm
I do have a question for longs. I understand this started as a gold play and Mag was secondary. Now that it is more a Mag play is the gold a byproduct of the mining setup here. My meaning is, does the process to pull the Mag include getting the gold at same time? Basically two birds with one stone setup. How does the refining of the gold play into this? Icing on cake? Or completely different ...more  
Comment by MoneyK on Nov 17, 2021 9:06am
Bids pilling up!  Could be another fun day! MoneyK
Comment by tylerd on Nov 17, 2021 11:33am
The owner would explain it best but as I understand it, with the older mines on the property, there is essentially everything there....  Gold, Silver, Lead, Silica..the Mag is a solid deposit that's world class as I understand and it's the Mag that the previous buyer was interested in last time.  And speaking of which, that last sale was around 1 billion CAD if I remember ...more  
Comment by ragingcanadian1 on Nov 17, 2021 1:42pm
Mhmmm... boom. MMs doing their Thang lol. I say bring on the volatility. It brings both joy and sorrow but also lots of eyes. As long as the trend is up I'm happy
Comment by dmacd on Nov 18, 2021 12:16pm
The $2.5M PP intended to direct some funds to gold drilling. Mg deposit is a shallow one rock deposit with Si and smaller amounts of Co, Ni and Fe. The gold veins are much deeper and provide free upside as do the reclamation piles.
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