Last C$0.38 CAD
Change Today 0.00 / 0.00%
Volume 0.0
WHY On Other Exchanges
As of 3:54 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

west high yield why resource (WHY) Snapshot

Previous Close
Day High
Day Low
52 Week High
10/8/13 - C$0.54
52 Week Low
08/8/14 - C$0.25
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

Related News

No related news articles were found.

west high yield why resource (WHY) Related Businessweek News

No Related Businessweek News Found

west high yield why resource (WHY) Details

West High Yield (W.H.Y.) Resources Ltd. is engaged in the acquisition, exploration, and development of mineral resource properties in Canada. The company focuses on exploring and developing nickel, magnesium, and gold deposits. It holds a 100% interest in the Record Ridge project, which consists of 20 contiguous mineral claims, 8 Crown-granted claims, and 1 private claim covering approximately 6,515 hectares located near the town of Rossland, British Columbia. West High Yield (W.H.Y.) Resources Ltd. was founded in 2003 and is based in Calgary, Canada.

Founded in 2003

west high yield why resource (WHY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$122.9K
Chief Financial Officer
Total Annual Compensation: C$56.9K
Compensation as of Fiscal Year 2012.

west high yield why resource (WHY) Key Developments

West High Yield (W.H.Y.) Resources Ltd. Auditor Raises 'Going Concern' Doubt

West High Yield (W.H.Y.) Resources Ltd. filed its Annual on Apr 24, 2014 for the period ending Dec 31, 2013. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

West High Yield (W.H.Y.) Resources Ltd., Annual General Meeting, Dec 18, 2013

West High Yield (W.H.Y.) Resources Ltd., Annual General Meeting, Dec 18, 2013., at 10:00 US Mountain Standard Time. Location: Bennett Jones LLP, located at 4500, 855 ­ 2nd Street SW. Agenda: To present the annual report to Shareholders, including the audited financial statements of the corporation for the year ended December 31, 2012, together with the auditors' report thereon; to appoint auditors for the ensuing year and authorize the directors to set their remuneration; to set the number of directors to be elected at the Meeting at four members and to elect four directors to hold office until the next annual meeting; to approve an amended and restated stock option plan of the corporation; and to transact such other business as may properly come before the Meeting.

West High Yield (W.H.Y.) Resources Ltd. Updates Status of Anticipated Preliminary Economic Assessment on Ossland, British Columbia Magnesium Property

As first disclosed by West High Yield (W.H.Y.) Resources Ltd. in 2009 and on September 29, 2011, October 27, 2011 and in a number of subsequent news releases, the Company commissioned SRK Consulting of Lakewood, Colorado to prepare a Preliminary Economic Assessment in respect of the Company's Rossland, British Columbia magnesium property. Completion of the PEA required the completion of extensive metallurgical test work and the Company engaged Met-Solve Laboratories Inc. of Vancouver, British Columbia to continue metallurgical test work to compliment work previously performed and to provide results to SRK for incorporation into the PEA. The Company expects to be in a position and has undertaken to provide the PEA in early May this year following completion of the additional metallurgical test work and a technical review by the Company. To date, under the preferred leach conditions, an average of 62.6% magnesium was leached into solution and recovered. The barren solution contained 18.9% of the total magnesium which was lost to wash water and some of which may be potentially recoverable via recirculation. Further testing is yet to be completed and the Company anticipates that improved magnesium recoveries will be achieved and form the basis for economic models in the PEA. The current 62.6% average magnesium recovery supports reasonable prospects of economic extraction and magnesium resource estimates. The economic models within the PEA are very sensitive to the magnesium recovery rate and the Company anticipates that the additional required testing may allow for material positive change in the PEA model assumptions used by SRK in the final PEA.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WHY:CN C$0.38 CAD 0.00

WHY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for WHY.
View Industry Companies

Industry Analysis


Industry Average

Valuation WHY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 1,091.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WEST HIGH YIELD WHY RESOURCE, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at