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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 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 Patrick2Lintonon Nov 30, 2022 1:39pm
35 Views
Post# 35140370

RE:"In for the Long Haul" vs sitting on a loss

RE:"In for the Long Haul" vs sitting on a loss The market does not lie, pumpers do. The pumper crew's fixation on "news coming, news coming" is a dead giveaway that they are looking at opportunity to unload. The share amounts that are quoted by the Pump Captain are likely inflated and a ruse to try and suck in other newbies to buy. This is dead money until BAY is drilling on any of their properties and with less that $100k in the bank as of September 30th and an AGM expense upcoming, the best case is AWM to drill again in the summer of 2023 if at all. That is a long time to hold the bag on BAY. There are many other opportunities to make money in the short term. Namely with companies with better share structure and money in the treasury. The risk here for reverse split and a dilutionary financing is very high. Buy at your own risk. Support at the bid and below is very low so you know the pumpers are working the offers. Gracias. Tik tok. Grinnnn 20:1? Cheers mate.
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