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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 schocoron Feb 20, 2024 6:42pm
62 Views
Post# 35889853

RE:Aw1

RE:Aw1They are raising money at $.105 per share?!? Thats is not a very good price for AW1; especially given all last years "success" at storm.

Although $10m should fund the exploratoin this year, this isnt the overwhelming equity raise I was expencting. A summer of puddle stomping at Storm is now a go. Months to go before drill results are released. Hopefully they can do some geo and mag work to refine last years model before then. 

Its too early for predictions, but here is mine for Aston between now and September: 

Now - June .09 average 
JUne - August - .12 Average 
August - September - .15 average

Without proving that deep sedimentary layer, this project is less interesting than your average porphory copper target. 
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