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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 traps7on Jan 27, 2024 12:43pm
234 Views
Post# 35848626

Let The Drills Be Our Friends

Let The Drills Be Our Friends

IMO, the market"s  anticipation of the up-coming JORC has seen BAY share price being shuffled amongst all exchanges while the new base price seems solid at $ .135 interesting above the Warranrt exercise price.

IMO, the accumulation caught the side streets ( flippers ) off guard forcing the PP 8 cent shares warrants into play.The higher volume holding could continue expecting news Sunday night from Austraila which should show a few hundred thousand tons of copper.

IMO, this JORC will be rewritten under the Canadian terminology called a 43-101 which being reconized by Financial Institutions allowing for a large Flowthrough tax credit.

IMO, seeing all the Board changes on both Continents from a mining perspective i see a DSO operation down the road which will pay for all future mining from then on in.

IMO, going forward i see BAY and AWM doing a Merger where after new share structure would keep BAY :s Trading Exchange Listing possibly new symbol..The now new share will be a power house going forward owning 100 % of the total 140k claims.

IN case you miss what happen on Storm this week, there was a small .08 % GOR  sold by Commander ( cmd ) held on Storm. What makes this very interesting in my mind is the amount paid for this small piece of claims being over $ 3m..

IMO, after a quick search of the buyer, Taurus Investments, a multi-Billion dollar Hedge Fund from Austraila yes neighbor to AWM the writting is on the Wall here,.

Taurus Hedge Fund, buying up the first step here from cmd on STORM, now with BAY.AWM one idenity its just a matter of time before the Big Boys Step In,..

IMO, been here Long  before BAY had a trading sym, promise my good buddy Cliff i would keep BAYs story told in the market although the Flippers here do not like it when even the Retail knows whats going on AS this cuts into the flippers profit and money being money the flippers do not want you retail to know whats going on,..

PS,.here , could be our next backer, IMO..

without prejudice 

Traps7

Mining Finance

Taurus provides project and acquisition finance debt to emerging mining and metals companies to finance or refinance project developments. We seek semi-annual income distributions from coupons and fee revenue and real asset return through Structured Equity for life of mine in the form of royalties, offtake of physical metal or warrants.

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