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chris12

02/02/23 8:58 AM

Post #12

Application submission is still under quiet review. A final geotech final design report was needed to address an 11th hour info request from BC. Public has not seen the submission yet. That is expected in Feb, and then the formal consultation can occur. The government reviews seem to occur ahead of acceptance so at least there should be no other new requests from them. Surely 4 years with the file will have been enough. The public night have some queries but again a lot of these questions were already posed to the government, per my discussions. Nothing new is expected to be unearthed so its more about letting the stakeholder review unfold and see what sort of conditions are given when it's approved. The process would have bern faster if WHY had a team of 10 people on the payroll but it should not have been this protracted. BC owns most of the delays with a bureaucratic process.

chris12

02/02/23 8:57 AM

Post #11

new update on gold n @newsfile/west-high-yield-why-resources-ltd-completes-2022 $WHYRF $WHY $CA9532641086 #news/mining

chris12

02/02/23 8:57 AM

Post #10

Fidelity up to 4.4M shares since Nov, taking 5% of the company off the open market in 3 months. If they continue we could rerate significantly between now and the expected news

chris12

12/28/22 9:10 AM

Post #9

one day this year this will fly 20 years in the making here is a update https://loom.ly/F09PfRM

chris12

08/31/22 7:06 PM

Post #8

West High Yield Resources Ltd. is pleased to announce the presence of visible native gold in several drill core intervals from two of the first five holes and to present highlights of its initial round of Au-Ag assay results from the 2022 6,500 metre exploration drilling program.
The 2022 Program is ongoing at the Company's Midnight Gold claim located in the Rossland Gold Camp area, British Columbia. The Rossland Gold Camp historically produced over 2.76 million ounces of recovered gold and 3.52 million ounces of recovered silver.
Read the full news release: https://loom.ly/eNU1XZA
#Gold #Drilling #Exploration #MineralExploration #DrillProgram #NativeGold #GoldMining #Mining #Silver #SilverMining #Au #Ag #GoldMine #GoldExploration #MiningNews #Commodities #Prospecting #Resources #Production #Metals #Minerals #TSX #TSXV #WHY #WestHighYield #WHYResources

chris12

03/27/22 6:11 PM

Post #7

If you have not seen the 2022 presentation, suggest to review carefully. PEA/PFS update shows $1.3B NPV 10% fir IRR 68% and only $300M Capex. I am not aware of a mining company with better economics. The discounted SP is massive opportunity for those who can see past a few bumps and those that cannot can buy in at $5/sh, and some might wait until the commercial plant is fully operating but the SP would be $20/sh by then or higher. The gold assets alone might warrant the current SP but we will know more after the summer drilling program concludes and assays are announced. With the pilot in detailed engineering then gov finding should be more certain, and for me the only question is how much will they throw in. With the PFS advancing with Tenova then the IRR should be higher in the next presentation. Do not forget the Mg resource is huge so WHY could do both end products plus sell raw ore to processors around the world. The tesources have a much bigger value than $2B and all it would take is a modest drilling budget to increase the inferred resources. A buy out or strategic partner has to be of interest for global miners. Basically the shares are dirt cheap still but the sale is nearly over ... load up soon or buy at higher. These are my justifications for making this my largest holding in a very diverse portfolio. GLTA.