Lots happening - expect more comment/news in next few days because both American West and Aston Bay have booths at the PDAC Conference starting on Sunday March 3 concurrently in Toronto and New York. It's reported to be the World's premier mining event, a bit like Diggers and Dealers on steroids.
Both will be of interest to the plethora of major and soon to be major companies.
AW1 because of Storm, obviously, but also because of their Indium depositand that Copper Warrior is in play. I dare say both are 'up for grabs' - but because of the wisdom of Dave's grabbing available cash last week there will be no fire sale.
And BAY (TSX/V:BAY - and on CMC Markets (formerly ANZ Trading) BAY.CA) because they will retain the 20% JV interest in Storm, after AW1 completes the spend. And also because they have just announced a remarkable earn into a JV with Emerald Geological Services over a Storm look alike in Nunavut, Canada, 70 km south of the old town of Coppermine in the N.W. Territories of Canada. Just google aston-bay-signs-loi-option
Now this is of interest to us because of the claim that the Epworth Sediment Hosted Copper-Silver-Zinc-Cobalt Project, Nunavut, Canada has similarities with Storm and the Central African copper belt.
I am considering a position on BAY.CA - its easy to trade on CMC, but for a delay. However I also hold WCN (White Cliffs) which also has a huge acquisition in the 'Coppermine region' - and a huge U district scale holding in NW. Territories.
It certainly looks to me like the frozen northern regions of Canada are going to be HOT again.
Please DYOR, mine is not advice.
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