Aston Bay Holdings Ltd V.BAY

Richest Deposits Are Where They Are For A Reason

[schocor]

If Storm was off the coast of Vancouver or PEI, it woudl have been mined years ago. However, it is not. It is where it is which is the middle of nowhere. 

The worlds richest deposits remain in the worlds most inaccessible locations. This is a fact of economics. AS prices improve and the world runs out of material, it become economic to mine in more remote locations. 

This poses two questions for Storm; 1> it is a large enough, rich enough deposit to mine EVER. 2> It large enough, rich enough NOW

I dont believe they have yet priven up enough reources to establish a mine - anywhere. Drilling is how to find more reources and that what they are diong now- god speed. 

However it is the second question that shareholders in Aston and Western really need to get a grasp on. Where is this deposit on the copper cost curve? Is it in the bottom quartile for production costs (good) or it is in the top quartile (not good) - OR perhaps it is not even mineable at a profit (my suspicion). 

IN my estimation, most do not understand how the location of this resource affects the mining cost. BHP walked away from Hope Bay (huge gold resource). They gave it to Newmont, who pumped $1B in and the THEY walked away. The new owners have not been able to mine open pit gold at 8g/t profitably. This shoudl give those investing in jr mining in the artic some pause.

[Goldy63]

Umm thanks for the book . Global Warming opened the Northwest Passage . Also posted some huge discoverys have been made in more remote places . Gracias . Next . Long Bay and yup carry on Crumblord . You bash we refute you bs . 

[FreeDom789]

Ship it ba barge! Probably cheaper than by train! JMHO 

[FreeDom789]

If it's as rich as what we think it is there is still big profits to be made! We're talking billions of dollars! JMHO any feedback welcomed on this! And once again! Assays will tell us more! 

[Patrick2Linton]

This post has been removed in accordance with Community Policy

[FreeDom789]

LyingLinton is a paid basher! Just check out his history! Holy hell! His last solid 100 posts dating back to August 5th are all straight bashes against BAY! He's not invested in anything at all! His whole alteror motives are too simply too bash BAY! Please Check it out for yourselves! Can't be more obvious! Wow what a loser you really are!  You're busted loser! Will never reply to

[FreeDom789]

LyingLinton young Also made it so obvious you might be the stupidest paid Basher in existence ever to exist! Actually surprised you get paid for this until they see this post that is! lol! ! Lmao! ! Might me looking a new board to bash or a new job! Lol!  ! Lmao A little Chihuahua in heat at best!  Good luck LyingLinton! Get a real job! 

[Patrick2Linton]

This post has been removed in accordance with Community Policy

[Goldy63]

Sit at 3,5 Linton as posted lol. Suck another straw full of bs . Both you and Scumcor have had your bs refuted by many posters here . Yes Assays and longs laughing . Meantime more cheapies Bring it . Ws nice to grab some 4,s today . Night all . INFO Posted . 

[Goldy63]

Umm that was posted . 2 trips a year loaded with Copper was a big time payoff . Bring  it and hey maybe we get a big azz empty tanker that hold super tons of ore so mega $$$$$ Oh man bring on first assays  . Grin . Long Bay.