West High Yield (W.H.Y) Resources Ltd WHYRF

Link to investor deck, was easy to find, current

[SStoktikk]

https://www.whyresources.com/_resources/presentations/W.H.Y.-Corp-Presentation-July-2020-Final.pdf

[gordo323]

Thanks SS great info much appreciated.I have family there and have driven by there a million times.Trying to think of where that sharp turn is on the Cascade Hi. At first I thought it was up by Nancy Green Lk. but I see it only 10K from Rossland This will be monsterous .

[MiningSucks]

Hey gordo323, do you work for the company ? Just wondering.

[MagSeeker]

Lol.  When at Rostand museum top of hill,  go south towards US border.  Near bottom of hill turn right into dirt logging road and follow it up for 20-30 minutes and you right there.

[MiningSucks]

I hope to one day drive by those hills and see explosives blasting magnesium out of the ground and filling truck loads.

[Beaud7777]

Lolll As do I.. been in this one for awhile, ready for another sky rocket to 3.80

[Scot126]

Beaud - that would value the co at 258million .It has no licences ,no money ,loads of debt , .What do you base that crazy valuation on ? 

[Beaud7777]

Few years ago. Deal came up for 750 mill. It fell through. But trades stood, and I actually sold some of this stock for over 3 dollars per share

[Scot126]

Beaud - the " deal " was non existent in that the so called buyer didnt have the funds and it was somethng of a joke/scam so I wouldnt base any degree of valuation on that .You made a claim that this was about to fly again - based on what ? Unless it raises $$$$$$ in the millions its bust according to the accounts .I hope you are not basing your claim on " a bit of a whisper from

[MiningSucks]

A few long time people left the company shortly after that "event" / whatever you want to call it. I think one was the CFO. Why would they leave a company with such a great asset....(something that always kind of bothered me). Credibility in management is gone. I can only hope the company makes changes to bring in "real' investors. Money is pouring into other mining companies it

[Scot126]

Mining - I've just been told about the Head Office expense issue ? Have you seen this ? A huge figure each year with no detailed breakdown in the accounts as to where this money goes .Apparently head office is CEO s house ??  I am also now aware that if the co fails then as you say the CEO s other company gets the asset .Essentially if it go that way the " asset " would be

[Beaud7777]

Trust me I'm frustrated as well. They investigated the company for months and trade stood that day. its the only reason I haven't pulled out, no company fraud was found. Maybe I'm being optimistic. I know for a fact the assets are real. Just need a big cat to buy us out, which I think will happen before they ever raise enough to do it alone. Risk for reward.

[Scot126]

Beaud - big cats do not speculatively buy little companies . They let the little guys take all the risk ( like getting licences ,proving resources) and only then do they move in .No way this gets taken out as it is by a major - in my view ( and clearly in the view of the market which values it at the current cap ) 

[MiningSucks]

It's too bad they are not more transparent about what is holding this permit up. The presentation says 2 reviews done and is currently under government review. It's been 2 years and no news of any progress. Never seen anything like this. The fact that they just keep extending PP as thier only course of action is concerning. But I admit I am not sure that their options are.

[MagSeeker]

CEO - Frank, has been spotting BS for the last few years.  You are 100% correct of no news.  All I hear are excuses and always the other parties fault.  Regarding permit, either BC Gov't changed and new rules, or more condition added last minute, no money to pay contractors to complete permit or not enough $$ to pay for gov't permitting ....you name it...weather....