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 > Only question remains is

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Comment by Patrick2Lintonon Mar 24, 2023 12:27pm

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Post# 35358838

RE:RE:RE:RE:RE:RE:Only question remains is

Patrick2Linton wrote:

Patrick2Linton wrote: So while you are searching for belly button lint, the question is still valid as a financing hasnt been announced. Last filing it was reported there is only $34,498.00 in cash in the bank. Do you think that amount of money is healthy for a publicly traded company and that the CEO is having to float loans to the company at 15% interest paid quarterly? He's owed $670,000 as of last filing. Gracias. Tik tok. Grinnnn. Cheers mate.

ps nice try in burying the seal zinc 43-101 report. It contains no copper reference in the resource calculation.

Me too.

Martindale,

I asked you a question that you did not answer from the earlier post. I have cut and pasted it here for you to answer when you have a chance:

Do you think that amount of money is healthy for a publicly traded company and that the CEO is having to float loans to the company at 15% interest paid quarterly?

As of last filings on December 31,2022 there was $34,498 in cash in the company. The CEO's loan to the company increased to $670,000 and the interest rate on the said loan increased from 9% to 15% paid quarterly. Please answer the question above.

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