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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 Jan 13, 2023 4:12pm
37 Views
Post# 35222283

RE:RE:RE:RE:RE:RE:RE:RE:I,ll Give This A Crack

RE:RE:RE:RE:RE:RE:RE:RE:I,ll Give This A Crack
schocor wrote: Sigh. Camp and transportation costs. head office costs. Legal costs. Taxes. Environmental. ROYALTY costs. REMEDIATION costs. SBA costs. 

YOur turn to provide your assessment Martindale. Have at it. You will be over $90m if yuo do it right. I have been extremely liberal in my cost assumptions at Storm. 


YOU can assume a MUCH smaller mine if yuo want; but you will have to assume MUCH smaller cash flows. And I assure yuo that they will not cover whatever fixed costs you get to let alone the threshold required to get somebody to pay fo rhte upfront capital costs required. 

Does Baffinland iron ore work with a smaller mine plan? Exactly.  
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