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Bullboard - Stock Discussion Forum 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... see more

TSXV:BAY - Post Discussion

Aston Bay Holdings Ltd > Cost Assumptions
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Post by Goldy63 on Feb 09, 2023 4:02pm

Cost Assumptions

Now this is  for West Desert I believe and a rough ballpark but even if you doubled these numbers for Bay they are nowhere near what Succer the EX Acounted was Spewing . Bottom page 16 top page 17 . I sure hope Martindale can chime  time permitting as seems to me its very cheap for a very big return . Check it out. https://www.americanwestmetals.com/site/pdf/1ce1f57b-73ec-42be-90d0-98a1b6f30bb4/Maiden-JORC-MRE-for-West-Desert.pdf
Comment by schocor on Feb 09, 2023 4:07pm
Well, one is in Arizona and one si on sommerset island. So logistics is ONE issues in comapring these. For example - how many oil refineries are there is Arizona vs Sommerset island?  ONE of thes deposite is a porphory copper deposit, the other is calcopyrite copper deposit. If yuo look at how yuo recover copper from the different ore types yuo will quickly undersatdn why a mine in one place ...more  
Comment by martindale on Feb 09, 2023 4:09pm
Less than $50 us per ton to scoop crush transport etc.. very nice.. even if it is in west desert.. that does give an indication of how cheap a DSO would be at Storm, as you say even if it was double that heck triple, it’s sure a far shot from the $2000 a ton the bashers are proporting. For a $4500 us return per ton.. yes there’s shipping costs and smelting etc but those are looking like very ...more  
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