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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

Comment by schocoron Feb 20, 2024 6:42pm
75 Views
Post# 35889853

RE:Aw1

RE:Aw1They are raising money at $.105 per share?!? Thats is not a very good price for AW1; especially given all last years "success" at storm.

Although $10m should fund the exploratoin this year, this isnt the overwhelming equity raise I was expencting. A summer of puddle stomping at Storm is now a go. Months to go before drill results are released. Hopefully they can do some geo and mag work to refine last years model before then. 

Its too early for predictions, but here is mine for Aston between now and September: 

Now - June .09 average 
JUne - August - .12 Average 
August - September - .15 average

Without proving that deep sedimentary layer, this project is less interesting than your average porphory copper target. 
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