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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 Patrick2Lintonon Jan 29, 2024 7:46pm
125 Views
Post# 35851670

RE:Bizzare . Yah Saw That.

RE:Bizzare . Yah Saw That.

Maybe the Aussies are disappointed with the number that the initial MRE ended up being. Your team was pumping the $5B number that you guys were saying was the consensus on the HC site. So if they are disappointed with the number then its because their expectations were way out of wack.

Also, this "lower than expected" MRE could also represent a huge unknown amount of dilution to their share structure to fund the next wave of drilling of the shallows and the deeps just to get the revised MRE to where their expectations are. BAY holders just have to sit back and cheerlead AW1 as money not needed for Storm exploration expenditures because of the free carry. Gracias. Grinnn. Tommorrow's open will be interesting. You might need to start your pumping first thing in the morning at the open.

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