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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 > Expectations were too high for some speculators
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Post by TheMinesEye on Jan 30, 2024 11:25am

Expectations were too high for some speculators

and that's fine. They can move on, if they choose.

But for those of us who picked up shares between 5.5 cents and 6.5 cents, there's still lots breathing room and still plenty of promise here. This is shaping up to be a monster deposit. 

So it's not going to be a rocket ship all the way to 20 or 30 cents right now. But it could easily achieve that after the next round of drill results come in. I'm willing to be patient to quite possibly cash in on a 5-bagger later this year.

Comment by TheNextBigThing on Jan 30, 2024 11:29am
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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