ASO 0.00% 1.4¢ aston minerals limited

Bage,Project location is tier 1. No the Cadillac fault where...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,236 Posts.
    lightbulb Created with Sketch. 1713
    Bage,


    Project location is tier 1. No the Cadillac fault where known large deposits are found. So EUC (Name change needed) already in a highly prospective area and elephant country.



    https://hotcopper.com.au/data/attachments/2309/2309747-874788717dedd902a8c9de19d0c5a5ae.jpg

    Key infra, work force and mining laws in place.

    https://hotcopper.com.au/data/attachments/2309/2309801-cf6faab0a14a55503b9e3b42a7a19e9b.jpg


    Deposit is open and shallow deposit.

    If i were EUC Geo, i'd start by targeting high grade areas and get the market exciting and program going.

    https://hotcopper.com.au/data/attachments/2309/2309767-59ec6065f1a89d283a041a664c8c521b.jpg

    And reading their latest presentation, seems that could be the strategy

    https://hotcopper.com.au/data/attachments/2309/2309803-e6b00f3fc20a9a6bec297154e6622071.jpg


    We have the right GEO with Canada experience. Very necessary, seeing alot of Companies bring in GEOs from Africa to different terrains and most are unsuccessful. Dale Ginn has made his discoveries 10moz all in Canada. And i think that is important, he is familiar to the area. Don't want to be wasting time with Geos who don't know what they are looking for. Costs time and money plus you get alot of dud holes. Not the case here.

    https://hotcopper.com.au/data/attachments/2309/2309797-4059dc96198b6b96831d3f6a4092d18c.jpg


    Expansion of land for further growth a big tick.

    https://hotcopper.com.au/data/attachments/2309/2309774-3fa20f27acaa64c35669c2a0a628f821.jpg
    Adding and many have mentioned this here, we are getting a good entry point that is low cost 650k CAD and 100m EUC shares. Gives previous owners skin in the game plus they get the upside. They would of only do so, if they believed in the upside of value. Otherwise they would of just taken the cash.

    https://hotcopper.com.au/data/attachments/2309/2309814-1c7143db89a8480ba9551fa75c3d4168.jpg


    All in All, i think this is cheap and will rerate ahead of drilling.

    Disc: long average 034c.

 
watchlist Created with Sketch. Add ASO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.