Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s):  ATBHF

Aston Bay Holdings Ltd. is a Canada-based mineral exploration company exploring high-grade critical and precious metal deposits. It is engaged in exploring the Storm Copper Property and Cu-Ag-Zn-Co Epworth Property in Nunavut, and the high-grade Buckingham Gold Vein in central Virginia. It is also in advanced stages of negotiation on other lands with high-grade critical metals potential in North America. The Nunavut property is located 112 km south of the community of Resolute Bay, Nunavut on western Somerset Island. The property is adjacent to tidewater on Aston Bay and comprises 12 prospecting permits and 118 contiguous mineral claims, which comprises of Storm Copper and Seal Zinc, covering an area of approximately 541,796 acres. Under Virginia property, it focuses on exploring two targets in Virginia: high-grade mesothermal gold vein mineralization along strike of the Buckingham Gold Vein and zinc-copper SEDEX-style mineralization in a newly identified base metals/polymetallic belt.


TSXV:BAY - Post by User

Comment by martindaleon Aug 09, 2022 12:57pm
68 Views
Post# 34882057

RE:RE:RE:Neat New one to add to watchlist-ashton bay

RE:RE:RE:Neat New one to add to watchlist-ashton bay J
schocor wrote:
Goldy63 wrote:
schocor wrote: This is a neat new company for me to follow. storm grades are good....but this is REMOTE!! the company will effecrively get a carried 2% NSR on storm....which is pretty good. 

They will have to find a fair bit if copper to ever build a mine, but you could see a 2% nsr having some value down the line.

As for a market cap at ashton, hard to see it being worth more than $25m on even the most spect@cular results at storm. in my opinion.  

 
Good morning schocor . BAY already has 6 continuous holes over several hundred metres and past grades are well above the 1% considered to be high grade so I find it easy to see a big spike in SP when we start getting  grades from these holes and up to 14 more coming (NR) As for finding Copper the visuals are chock full and if you read up BAY has found very high % of Copper . As for a mine thats for another day after ressource gets proved out and would not be surprised if American buys us out . Also posted Serenghetti . They hit 100 plus metres with only 0.99 grade and the stock went from 30 Cents to $1.50 just like that . We get good grades over big metres and sure looks like that from the info provided so far I think everyone with  shares here are going to be very happy campers . Cheers.Long BAY.
 


Myt thoughts are 1> Share prices doesnt matter - market cap does. With a 2% carried interst in a VERY remote project, the market cap can only go so high on ANY drilling results. About 3-4X current value is where I see it in a best case scinerio. 


just to straighten your thinking a little share price and market cap are a direct reflection of each other. Multiply the amount of shares by share price and you have the market cap.. can’t have one without the other.. but as to drilling results you are correct it will only take us so far without something substantial as in an offer or a beauty of a mining deal. .12 should be seen again on good grades.
GLTA Invested

<< Previous
Bullboard Posts
Next >>