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Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s):  ATBHF

Aston Bay Holdings Ltd. is a Canada-based mineral exploration company exploring high-grade copper and gold deposits in Virginia, United States, and Nunavut, Canada. The Company is exploring the high-grade Buckingham Gold Vein in central Virginia and is in advanced stages of negotiations on other lands with high-grade copper potential in the area. The Company is focused on its Blue Ridge Project in Virginia. The Nunavut Property is 100% owned by the Company and located 112 kilometers (km) south of the community of Resolute Bay, Nunavut on western Somerset Island. The Storm Copper Project is located on Somerset Island, Nunavut, approximately 20 km from tidewater at the Company. Its Seal Zinc deposit is located at the base of a small peninsula approximately 350 meters from tidewater at its on Somerset Island, Nunavut. Its Mountain Base Metals Project is located on 2,072 acres of private land with direct access to both highway and rail transportation.


TSXV:BAY - Post by User

Comment by Goldy63on Feb 03, 2023 12:09pm
39 Views
Post# 35265101

RE:RE:Why Bother

RE:RE:Why Bother
martindale wrote: I have to agree Goldy.. to quote Forest Gump.. “stupid is as stupid does” how someone can think they have any credibility when they can’t even spell at a second grade level is beyond me.. back on iggy they go... I don’t have time to argue with them anymore.. obtuse is not descriptive enough... anyway here’s some Actual facts.... a cat 777 dumper can carry 100 tons and there are several available in very good used condition for between $160,000 and $230,000. At those prices AWM and Bay could pick up 3 for about $1 million.. there are also several 50 ton CATs also in decent condition in northern Canada that could be picked up for about $50,000 a piece, now if they would rather go for a 400 ton CAT 797F it runs about $5 million new and there are a couple used ones available for about $3.5 million... don’t think AWM needs anything that big or expensive when you could buy many smaller ones for a lot less... it isn’t hard to look things like this up.. AMW already has one STEINERT KSS | XT CLI It is a combination unit, capable of handling a throughput of between 5 t/h and 100 t/h with a 1 m working width.
Using 5 of these would sort about 1,000,000 tons of soil in a 100 day period, that would produce in the range of 80,000- 100,000 tons of 53% concentrate at a value of $4,500 ish a ton.. 
the price for one of these is not stated on the steinart website but have found a few used sorter units on some reseller sites that run in the range of $120,000-$150,000 so I would guess 4 additional new sorters would run in the range of $500,000 - $600,000 a piece.. again just an estimate, could be a little more,  so for the sorters and trucks we are in for about $5-$6million. Excavators and loaders are also in the $100,000-$200,000 range, 3-4 excavators and 3-5 loaders to fill the grinders there are many available....last years set up including lodging food manpower fuel etc was just around $2 million. These are factual numbers... look em up..a 50’x 100’ steel building runs $21,000, that being said the initial set up doesn’t look to be much more than $12-$15 million.. again just looking at what’s available and the prices.. extra fuel etc will add a little more to it and the shipping cost.. but general basics etc don’t look terribly prohibitive.. if someone has a problem with my numbers take a look at what’s available out there and do your own math, $500 million? Who’s filling their own pocket.. lol.. doesn’t take much searching to find real numbers on an open pit mine... nuff said.. GLTA That are long! 
 
Goldy63 wrote: Soccer keeps talking a mine . Again we will be bought out well before then If some big fish decides to Mine . Meanwhile an extra drill and plenty of assays this summer and fall and yup DSO on the way . Then we have Soccer and his cred and ego trip. LMAO . Patience pays and I,m proud to say yup Long Bay. Spew on Soccer as your low esteem posting cred, garbage, and spew daily  in on full display and yikes the dude claims he owns shares ??? Is that CREDibul ? Umm right. Cheers longs. 


Well this post jives with your most recent post. Yup AW must be seeing huge millions in DSO Operations Martin . Patience pays and yup great numbers bro . Read on . TGIF .Long Bay.

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