Aston Bay Holdings Ltd V.BAY

RE:RE:Direct Shipping Operation in the works...

[Goldy63]

martindale wrote:

martindale wrote: Once AMW moves on the their DSO here’s some numbers and examples to mull over...
From Sept 27 2013,....
https://financialpost.com/commodities/energy/freighter-carrying-coals-sails-through-northwest-passage-from-canada-to-finland
 
so from that consider how many LB of copper at 53% concentrate that smaller ship can carry and then multiply those pounds of copper by a conservitave $3.50 per LB, I already know how many hundreds of millions that one shipment would be worth, coming soon to a stock near us... lol GLTA Actually Invested... 

Soo.. 7 + hours later... lots of Bla Bla Bla,, FryBoy is arguing with WashingHisShares, (that in itself is funny as hell) just saying... no one  has yet to even hazard a guess... well, not on the board at least, I have had a couple PM me with some numbers... a couple posters sent me the price of Copper per Tonnage..$7440.. ish.. yup that’s really good... so a freighter from 2013 built in 2011 that made the trip from Vancouver to Finland that held 75,000 Tons.. if that 75,000 tons was solid Copper it was worth near $565.million..... Yup do the Math... if you come up with a different number you need to try again... just saying.... and that’s at $3.50 a LB.......Our freighter will only be carrying 53% copper.. I do believe....I read they are expecting to be able to get to 60%.. that’s huge numbers... if I am wrong please correct me..please... if you can’t then it’s all the same.. do you really wonder with numbers like that... why we have bashers clouding up this board? Sooo it comes back to when AMW starts its DSO and how much % BAY decides to take in the project... the difference being taking a 2% royalty or a 20% ownership in the project once AMW has decided to actually mine it after spending $10 million... p.s. 75,000 tons at 53% concentrate is close to $278 million.. 1 ship 1 time.. 2% of that is $5.5 million... 20% would be $55 mill... hmmmm... numbers are a bitc#,,, then there’s the rest of the claims.. oh ya and to get there BAY doesn’t have to spend a plug Nickel untill the decision to mine is made... and at that point things are already proven up.... Polaris Mine 20 years.... much further north... this is surface.... nuff said? JMO from what I am seeing in the releases.. don’t believe me.. look for yourself...GLTA Actually Invested 

Thing of beauty to wake up to these Conservative numbers and yup Goldman Sachs calling for 15,000$ a ton Copper by 2025 . Gotta love it . Long Bay.