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Bullboard - Stock Discussion Forum West High Yield (W.H.Y) Resources Ltd WHYRF


Primary Symbol: V.WHY

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 > NEWS. COMPANY HAS $$$$ in BANK to COMPLETE PERMITS
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Post by truepatriot199 on Apr 29, 2021 3:15pm

NEWS. COMPANY HAS $$$$ in BANK to COMPLETE PERMITS

ONCE again great job by the company to get the final monies in to complete the permits and get to production.  Would be AMAZING to have permits in hand by the EOY, so come spring time the machinces are rolling and the $$$$ start coming in.  This would give them time to have everything in place.  Production crews, Plants, trucking, rail.
Comment by dmocnik@gmail.com on May 10, 2021 6:05pm
You are making a huge leap of faith! From where will all these millions come from before one ounce of pure Mg is produced? And where is the return for these millions of investment for just then selling Mg tablets for mum and papa to take in the in the evening? LET'S BE REALISTIC !  
Comment by dmacd on May 11, 2021 8:30pm
Clearly you have a low understanding of this investment opportunity. Read a few quarterly reports and the most recent presentation and then ask a few specific queries. The CEO just put in another $500k or so to fund the final steps of the permit application so I would not take that lightly. Mining to start next summer and will generates more cashflow than the current market cap in its first summer ...more  
Comment by MagSeeker on May 12, 2021 6:57pm
Dmac, I see your clown act continues.   If you were the be all end all of knowledge of this company you would have facts! And not personal thoughts of what will happen.  The Marasco family owned entity "Big Mountain Develpments" ponied up another $750k @ 10% interest (previous company loans at 8%), which could have likely been financed or re-financed at a lot lower interest ...more  
Comment by dmacd on May 12, 2021 9:21pm
Magseeker. You are nitpicking and lack much understanding as well. Basically the timeline for ore mining is pretty clear though until the permits are in hand it remains a target. The presentation offers a notional plan for processing plant and 4x mining rates. We must be frenemies ... lol. It would be nice to not have a creditor but until there is a better valuation that cannot be remedied ...more  
Comment by MagSeeker on May 13, 2021 11:29am
Dmac, stop twisting facts which you refer to as nitpicking, seriously! Stop trying to misleading investors. The ceo has proven time and time again projections in presentations are just that and hold zero accountability and should be a disclaimer on all your BS statements. Its great to project positive vibes BUT ensure you call out statements are projections based on personal thoughts and not based ...more  
Comment by dmacd on May 14, 2021 1:10am
Mags, I do speculate on the probability and risk/ reward based on facts and projections. Most people call that investing. You would do better to challenge facts but you are not an investor and your real purpose is manipulator. Nice reversal attempt though. Looking forward to learning how WHY will invest the $1M in the coffer. Permits = $$$$.
Comment by MagSeeker on May 14, 2021 10:26am
Dmac, I see your clown act continues.  If you did your DD of the company and past spends you would know each influx of funds from PP go to deferred salaries (in this round, > 50% of raise), debt then what's ever left over, progressing the company which is typically small.   Have you ever thought about why the gold drilling in which gold permits were obtained a few months back for ...more  
Comment by dmacd on May 14, 2021 11:36am
Mags, I am a common shareholder. An insider would not be posting on these public forums. My ID clearly posts on many other forums. Show us a snapshot of your account to prove you hold long shares. Your ID history suggests you are a weak fabrication.
Comment by MagSeeker on May 14, 2021 12:06pm
Snack, The clown juggles as well, great to see your multi talented....well ??? maybe.  
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