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.

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Aston Bay Holdings Ltd > Expectations were too high for some speculators

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Comment by TheNextBigThingon Jan 30, 2024 11:29am

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Post# 35852681

RE:Expectations were too high for some speculators

Personally, I think the MRE pretty fairly values BAY at current levels. I don't think BAYs MC considers any potential growth in the resource, so buying now is a bet that they'll expand the reapurcw with 15-20,000m drilling this year imo.

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