Oct
05

This Junior Miner Surged Almost 1,000% in a Day After Asset Sale

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  • CEO thinks $750 million price tag is what these assets deserve
  • West High Yield has no revenue; traded at 36 cents Tuesday

West High Yield (W.H.Y.) Resources Ltd., a little-known Canadian miner, surged as much as 1,000 percent after it said it sold a magnesium deposit to a U.S. buyer for $750 million — or 46 times the company’s market value…

This Junior Miner Surged Almost 1,000% in a Day After Asset Sale

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