Aston Bay Holdings Ltd V.BAY

Comments - Alot of Rookie Investors

[schocor]

Todays observation is that there are alot of new/rookie investors on this website. The hint was that they are talkin about stock "manipulation". Two questions always arise - for me - when I see people talking about stock manipulation on a 6M market cap company (6m in TINY). 

1> Why manipulate? On a good day, this stock trades $10k in value. Simply put, the volume/value does not exist to make it worthwhile to manipaulate a stock price by buying and selling on a daily basis. 

2> Who is manipulating? Which magical force is manipulating this stock by .005 of a cent? How many shares are these "dark" forces buying and selling daily to keep it in this imaginary range in peoples minds. 

The stock price is not giong to the level  people "expect" becasue people have terrible expectations about the ultimate value of this stock. 2% of a remote deposit with no infrastructure is worth....what? Wel it is probably worth $0 at the end of the day. Or maybe it is worth 2% of the $10M the partner is spending on it ($200,000) plus cash in bank ($600k). Regardless, everyone will come up with their own value. 

For many nubies, your estimated value is likely higher than the market cap of $6M. To these nubies, I woudl ask them how much experience they have valuing junior mining companies like this. ONce you get their answer, I think yuo will find that the current valuation is not too far off the mark. 

The current value of this company is probably low. I can see this going to $.09 on good drill results. It will fall back over the newless winter. This is a neat deposit; its location makes it a fringe exploration prospect.

This stock will never hit $1; it will never hit $.50; I woudl be shocked to see it at $.25 ($50m market cap). Proper expectations are the name of the game when investing in jr mining companies.

[Goldy63]

Yes we all know your only here few a few cents Pop as you got very upset and posted already . Thanks for the book and I've been around the block and not ever day the grey exchanges or Dark Pools suck all the buys and bring down sp. Gl with your trades schoroc and yes vol may be slow now and IMO why the manipulation Before Assays . Lots of angles . Cheers .

[martindale]

  just to chime in here, you have some valid observations, though this stock has already reached .29, re..mar 26 2018, yes a while ago and yes the float has expanded, my view as a long time investor in several stocks ( since 1992) is to always look for assets/reserves, at some point someone comes to scoop them up, rarely ever fails. At the moment we are getting a reserve proven up.  From

[martindale]

Also if you want to look at a company that went from rags to riches and back to a .03 company take a look at TVC picked up a nice copper project from Vale went to $.. all I'm saying is you can never know. You pays your money, you takes your chances.. GLTA Invested 

[Goldy63]

Like charts . Big assays come they all go out the window . Yup my ducats are in the ring and several friends as well . Let the chips fall were they may . TGIF. 

[schocor]

the plan is to concentrate the copper at site to 53% concentrate; so the exported value would be pretty high per shipment. $5000/ tonne? its a great product, close to tidewater, pretty easy open pit mining. awesome high grade mining. they think they can do low impact.   location, scale (?), social, environmental, financing, etc all remain hurdles to mine. but this is exploration...different

[Goldy63]

Agreed . If its worth the costs via profits thats all that matters . Economics 101 . 14 mores holes coming . 6 in the bank . Big metres and grades of the charts . Bring on some assays . TGIF.