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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

View:
Post by ragingcanadian1 on Dec 16, 2021 11:16am

NEWS

Deal with Alumina https://stockhouse.com/news/press-releases/2021/12/15/west-high-yield-w-h-y-resources-ltd-announces-equity-facility-with-alumina
Comment by ragingcanadian1 on Dec 16, 2021 11:22am
Looks like New York getting interested. Now have access to capital moving forward
Comment by dmacd on Dec 16, 2021 2:25pm
Huge derisking just happened but the market is slow to react. Mining to start late summer next year. $100M earnings x 10x would be a fair valuation given the expansion opportunity and that might be conservative. Should be 15x from here in 12 months. Definitive offtake and permit will take 6 to 9 months to fully resolve. Mining is pretty straight forward. There may be no better mining project out ...more  
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