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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

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Post by whatisWHYY on Dec 10, 2021 11:46pm

Reality

Reality is a permit has to actually be submitted. Given they claimed approval would have been received in this time frame, its inappropriate to claim anything, including an LOI with a no name company is a good sign. WHY: GET YOUR PERMIT SUBMITTED. STOP BEATING AROUND THE BUSH, AND PROVE YOU CAN CLOSE THIS. INCHES AWAY FROM THE FINISH LIKE DOESN'T COJNT IF THE INCHES TAKE 5 YEARS.
Comment by dmacd on Dec 15, 2021 11:21am
Do you feel like an absolute jerk now? Just wondering ... keep in mind it is a lot to do with the BC government and its regulations. I doubt you own many junior mining companies and hence have no idea of the challenges to get to this stage, and to have a CEO / owner who respects dilution and makes smart decisions ... well that is gold my friend. Lock in, listen up and learn, or change your name to ...more  
Comment by whatisWHYY on Dec 17, 2021 10:33am
you were saying something about dilution? 750m sale that fell through when the buyer didn't have money for a deposit. An LOI with a no name company immediately before efforts to sell another 2.5m in shares. Lack of clarity around the permit. What any investor in any industry wants is clarity, and following through with expectations that management has created.
Comment by dmacd on Dec 17, 2021 6:55pm
Whatis, Smarter investors than you just spoke loudly and confidently. One put $2.5M into the gold assets which currently uninformed investors like you would value at nil and my projection is that could add $50M in market cap valuation to WHY if successful. Another is willing to put $12.5M into the company to advance the magnesium project. Galaxy Mag is private but take a look at who the team is ...more  
Comment by truepatriot199 on Dec 19, 2021 9:31am
We have potentially 2 world class discoveries.  A smart move would be to split them up into 2 seperate companies.  Remember back in the 60's it was a operating gold mine. Watch this next clip. scroll and start at 10:15. https://youtu.be/zcf-GAT-z8g After watching that, we have 2 HUGE FINDS that alone are company makers.  Now that WHY is fully funded, drilling should start next ...more  
Comment by whatisWHYY on Dec 20, 2021 11:12am
"one put 2.5m into gold"? No, yet another public offering for 2.9m shares, potentially for 2.5m dollars if fully sold. If someone wanted to buy at .85 they could do that in the public market. "Look at their website, they said they're working on a deal" Yes, anybody can make a website for a couple hundred bucks. "Look at the smart people" Doesn't mean money ...more  
Comment by dmacd on Dec 20, 2021 1:38pm
Sure. Wait till it is all derisked. You can buy in a few years for $10/sh. You can ride the commodity cycles and growth phases. We will get an update soon on permits. Often the government sends them back until they are 99% convinced they will meet or beat the timeline target. It is better to announce when formally received since then we get the app no. A good question is whether you can say ...more  
Comment by ragingcanadian1 on Dec 20, 2021 6:07pm
You do know this is a junior mining company right? This is why it still trades in pennies? It is in exploratory and early stage company? I love your attempt to paint this as a competitor to Rio at the same stage of development but give us a break. If it's too risky for you move on. But you won't will you. Just gonna hang out warning all of us investors out of the goodness of your heart I ...more  
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