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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 schocoron Dec 15, 2022 2:39pm
55 Views
Post# 35173932

RE:Good things - or BANKRUPTCY - to come

RE:Good things - or BANKRUPTCY - to come
schocor wrote: A company with no activity until at least next April (Aprli 2023 before partner AW1 announces plans for Storm) and no money (actually $500k debt)  is a great investment? Of course it isnt. Smarten up. 

If this is the ONLY stock you follow yuo can be forgiven for not knowing what a real company looks like. However read the prospectus of literally ANY other junior miner and yuo will find that they are better capitalized and have better projects than Storm. Aston is a junior joke. 

20% of High crade copper puddles on the top of the world is NOT a company maker; expecially when your PARTNER controls the pace of development fo the next 9 seasons (a.k.a - YEARS up North). 

You have a chance of making money next year IF; AW1 decides to come back to Storm to drill. But remember that the partner doesnt have any money either and were unable to raise required capital at their last attempt; whats going to change there?

DOnt let these pump monsters fool you; this is the a terrible company/investment/project. Terrible. The largest mining company in the world (BHP) gave up on exploring at Storm.....so in come AW1 with two drills and $10m. They will give up too. THen yuo will just be left with a Virginia gold project (lol). 

No point selling at $.02; but there is no point buying either. DEAD MONEY. 


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