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Bullboard - Stock Discussion Forum 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... see more

TSXV:BAY - Post Discussion

Aston Bay Holdings Ltd > Money To Drill . Perfect.
View:
Post by Fishercat1 on Feb 19, 2024 8:55am

Money To Drill . Perfect.

Grapevine And AW Raise.

Was chatting with one of the top 20 in AW and he told me the Aussies don't mind large floats if they like what they own . And yes the free ride Bay enjoys is golden . Lets go drilling boys as yes takes money to make money . Cheers .
Comment by TheNextBigThing on Feb 19, 2024 10:58am
Benefit to BAY is we have little need to raise $$ for a couple years. AW likely to spend another $10M? Before BFS is completed, so they could have further dilution before expense sharing. 
Comment by Patrick2Linton on Feb 19, 2024 1:59pm
AW1 will likely have over a billion shares issued by the time they get around to a BFS. Only 5 deep drill holes performed this far. How many more will be needed to prove up the deeps versus the $$$ needed. AW1 is facing huge dilution on the way to BFS. Gracias. Grinnnn. Enjoy the Free Uber to BFS.
Comment by TheNextBigThing on Feb 19, 2024 5:03pm
Question is, can they put together a BFS without a resource estimate for the deep stuff? I think that's David's plan, but BAY should have the benefit of 2 more drill programs fully funded by AW imo. Time will tell. 
Comment by Fishercat1 on Feb 19, 2024 5:17pm
Who knows how many AW will end up with  . Anyway another  guess . Anyway whats real is Bay has a beauty free carry while AW does all the work .  Works for me and yup tonight more news and more money for AW to drill the heck out of Storm . Perfect.
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