Tom believes Storm is a "WIN in progress", the "mineralisation is fantastic" and Aston Bay is in for an exciting year.
Yes it's expensive to conduct exploration in Nunavut (high freight costs, Arctic region) and short drill season but the advantages outweigh the downsides.
Why would Tom continue to heavily invest in Aston Bay, investing his own money, keeping it alive when others moved on? BAY is a speculative exploration stock which ran up high last year and boomeranged back to earth when reality kicked in. These are the risks for short term share traders. However from Tom's (BAY) perspective he believes this style of copper-zinc mineralisation has the potential to be really Large. Potentially on the scale of the Democratic Republic of Congo sedimentary Copper resources that are worth billions. Storm fits this exploration strategy of being High grade with Discovery & Development potentially.
Having a great partner like American West Metals (AW1) has definitely returned the mojo for Storm project.
Large Hedge Funds are now investing and T20 shareholders continue to accumulate stock, all sharing the belief of Storms rich resource potential.
On an unfortunate note, AW1 has a first world problem. Its geophysics program is finding drill targets faster than the drill can drill them out!!!
The southern graben region is beginning to show signs of being a highly fertile copper discovery zone with Thunder, Lightning Ridge and The Gap identified last year.
What Atmospheric / Meteorological names will be assigned to copper hits this year? Any ideas???
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- Ann: Thick New Copper Zones Defined at Storm
Ann: Thick New Copper Zones Defined at Storm, page-61
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