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Bullboard - Stock Discussion Forum
Aston Bay Holdings Ltd
V.BAY
Alternate Symbol(s):
ATBHF
Metals & Mining
Industrial Metals & Minerals
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.
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TSXV:BAY - Post Discussion
Aston Bay Holdings Ltd
> Excellent News
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(574)
•••
knoxt
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Post by
knoxt
on Jun 24, 2024 7:44am
Excellent News
There is no use of funds restriction for Aston Bay, providing a non-dilutive source of funds to advance the Company's other projects and contribute to the Company's robust balance sheet
(413)
•••
woundedknee
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Comment by
woundedknee
on Jun 24, 2024 10:11am
The market just yawns.
(1499)
•••
Fishercat1
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Comment by
Fishercat1
on Jun 24, 2024 11:53am
Could be shorts working it . Gezz seemed like great news . Nuts .
(22)
•••
Andrea72
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Comment by
Andrea72
on Jun 24, 2024 12:49pm
Maybe everyone waiting till power hour?
(177)
•••
astonbay
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Comment by
astonbay
on Jun 24, 2024 11:10am
From Giovanni33: Exactly, you don't waste this kind of money without doing proper DD. More than most of us on here would have done. Very different to a raise where you get a bunch of free oppies and your downside is protected. This is closer to institutional investment. They benefit from it being a royalty of course, but they also take on the risk of that royalty being worthless if this does
...more
(125)
•••
schocor
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Comment by
schocor
on Jun 24, 2024 1:16pm
I am not surprised the market is shrugging; this was a needed financing, but it was no great news ofr either company IMHO. If ASton Bay just sold .5% GOR for 3.4M, it does not bode well for the price of thier remaining 2% free carry NSR if convered from the 20% interest. I suspect I am not the only one seeing that. It allowed the company to get all required funds after a less than receptive
...more
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