RE:RE:RE:schocor: Defamatory CommentsGentlemen, when in doubt, always check what the company is guiding in their filings. Pg 13-14 on most recent MD&A. I hope this provides some clarity to readers of this board.
Risks and Uncertainties
The Company’s principal activity is mineral exploration. Companies in this industry are subject to many and varied kinds of risks, including but not limited to, discovery, environmental, metal prices, political and economic.
Although the Company has taken steps to verify the title to mineral properties in which it has an interest, in accordance with industry standards for the current stage of exploration of such properties, these procedures do not guarantee the Company’s title. Property title may be subject to unregistered prior agreements or transfers and title may be affected by undetected defects.
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Aston Bay Holdings Ltd.
Interim MD&A – Quarterly Highlights Nine months ended December 31, 2022
The Company has no significant source of operating cash flow and no revenues from operations. None of the Company’s mineral properties currently have reserves. The Company has limited financial resources. Substantial expenditures will be required to be made by the Company in order to establish ore reserves, which is not a guaranteed outcome.
Gracias. Cheers mates.