Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s): ATBHF

Metals & Mining Industrial Metals & Minerals

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

Aston Bay Holdings Ltd > Don"t Reprehend BAY

<< Previous

Bullboard Posts

Next >>

Comment by Patrick2Lintonon Aug 26, 2023 10:39pm

84 Views

Post# 35607035

RE:RE:RE:RE:RE:Don"t Reprehend BAY

comet52 wrote: Thomas asked warrant holders to exercise to get $ into the kitty. Most would exercise and sell immediately due to the tax implications of holding them.

My understanding is the capital gain on exercise is based on the closing share price on the date of exercise minus the exercise price (.12).

I think the taxable gain would be alot higher AFTER assays are announced. Hence my theory that warrants are being exercised during this "lull".

Maybe a tax accountant can add thoughts to the discussion.

<< Previous

Bullboard Posts

Next >>

High-growth stock Happy Belly opens first Rosie's Burgers in Alberta