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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 martindaleon Feb 09, 2023 4:59pm
33 Views
Post# 35278264

RE:Yikes .

RE:Yikes .
Goldy63 wrote: So the numbers put forth nothing Succer ?. Nor the outragous numbers you spewed the other day ?. 500 Million if I recall . No wonder you an ex accontant . Yes DSO very cheap Succer. (Quote) 

RE:Cost Assumptions

Well, one is in Arizona and one si on sommerset island. So logistics is ONE issues in comapring these. For example - how many oil refineries are there is Arizona vs Sommerset island? 

ONE of thes deposite is a porphory copper deposit, the other is calcopyrite copper deposit. If yuo look at how yuo recover copper from the different ore types yuo will quickly undersatdn why a mine in one place costs what it does at the one on Somomerset island costs at least $500M.

ONe uses a cyinide spray foam on piles of stacked ore; the other uses a process plant (or 7-12 DSO's if yuo are still pushing that nonsense) and a gravity seperation. 

Now that we have all learned something, who is everybody giong to listen to for advice - Schocor or cut and paste GOldy. Exactly. 


Hey there’s an idea.. build a refinery on Somerset to turn that bitumen they discovered into fuel! Ya they could set up a string of gas stations on the island! Heck they could supply the north west shipping freighters too boot! What a great idea Schocor! 
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