Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s): ATBHF

Metals & Mining Industrial Metals & Minerals

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.

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Aston Bay Holdings Ltd > Schocer!!!wtf

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Comment by schocoron Mar 19, 2023 8:37pm

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Post# 35348062

RE:RE:RE:RE:RE:RE:Schocer!!!wtf

A deposit is a reserve if the value if the ore exceeds the cost if mining and processing it.

You are talking about a theiretical "plate" at a depth if 300+ meters. You would be mining this underground; most open oit deposits stop at abiut 200 meters.

So if you are talking abiut underground mining at sommerset and the deposit is 1% - it is worthless becasue the cost to extract and procdess the ore exceeds the selling price.

YOUR DEPOSIT IS WORTH ZERO. The share price reflects this.

If I have misunderstood your question, plese rephrase and i will be hally to reinterpret.