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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.


TSXV:BAY - Post by User

Aston Bay Holdings Ltd > Next news - 1> Financing 2> No Drilling in 2023 3>Bankrupt
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Post by schocoron Mar 23, 2023 5:58pm
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Post# 35357477

Next news - 1> Financing 2> No Drilling in 2023 3>Bankrupt

Next news - 1> Financing 2> No Drilling in 2023 3>BankruptWhick of these three topic do y'all think will be the next news out of Aston? 

1> Financing  - aston has no money and needs some

2> No Drilling in 2023 - AW1 has abuot $5M AUD - not enough for their plans at Storm this year; do yuo reckon they just cancel teh whole program, or scale it back

3>Bankrupt - With no money and and a $5-600k debt to their CEO, I reckon he can take this company over at any time and vend the 20% of Storm to another explorco - or even back to AW1. Woudl NOT be good for existing shareholders obviously

I am betting on a financing. But it will be underwater and dilute existing hsareholders. Mah. You were all told. 

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