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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

Post by JamesLoganon Jan 04, 2023 9:11am
132 Views
Post# 35202317

2023

2023 Kuddos to Tom for buying shares when everyone else wouldn't. Don't forget he's also loaned the company money to keep it going and likely continues to do so. 

I think at this point, the only option is to become a project generator as they'll never be able to raise enough money for another drill program of any significance without a massive reverse split. Option off the remaining properties and let others fund the drilling programs. It's way more cost effective and less risky. Tom seems to be one of the few CEOs that actually cares about the current shareholders. 

Good luck to everyone in 2023. 
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