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

My guess

[tylerd]

It's just a guess..  is maybe there's a partner or partial buyer ready to announce once the permit is awarded.   I would take that any day.

[MoneyK]

Not sure they would really need a partner. This is low cost capex. Either mine it or sell it. But, anyone badly needing magnesium might be willing to pay upfront to secure a portion of the production, which could be enough to finance the balance with debt. Therefore, no dilution shareholders. MoneyK

[yixter]

I agree I don't see a partner that would dilute our holdings but securing a  binding offtake agreement could help setup us up for financing the mine once the permit comes in or maybe even set us up for a sale.

[ragingcanadian1]

Recent interest is up purely on magnesium China angle. Since the permit is due within the next little bit I would say people betting on its approval which if that comes thru will be a massive SP event. Even if there is a lot more work to do. But one thing is sure WHY sure has no interest (or at least track record) of dilution which is great. So many plusses here

[gordo323]

A green mine in BC the NDP  must be comping at the bit to get this permit anounced.I can't wait.

[gordo323]

comping------chomping

[tylerd]

  Off take....that was more the point I was making ...  that a possible agreement/ announcement of a buyer for the quarried material.  I would assume that once that permit is in hand, something big is gonna happen fast.   At least, it's what I'm hoping for!    remember folks, 10 days ago, we never thought this was was going to break a buck before the end