Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s): ATBHF

Metals & Mining Gold

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.

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Aston Bay Holdings Ltd > This Is So Lame.

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Comment by schocoron Mar 19, 2023 8:39pm

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Post# 35348068

RE:This Is So Lame.

If you were looking fir an answer to Rayjay "question" see below

A deposit is a reserve if the value if the ore exceeds the cost if mining and processing it.

You are talking about a theiretical "plate" at a depth if 300+ meters. You would be mining this underground; most open oit deposits stop at abiut 200 meters.

So if you are talking abiut underground mining at sommerset and the deposit is 1% - it is worthless becasue the cost to extract and procdess the ore exceeds the selling price.

YOUR DEPOSIT IS WORTH ZERO. The share price reflects this.

If I have misunderstood your question, plese rephrase and i will be hally to reinterpret.

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