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Ascot Resources Ltd AOTVF


Primary Symbol: T.AOT

Ascot Resources Ltd. is a development and exploration company. The Company operates through two segments: the development of the Project and exploration and evaluation of Mt. Margaret. It is focused on re-starting the past producing Premier gold mine located in British Columbia's Golden Triangle. The Silver Coin, Big Missouri, and Premier deposits, collectively known as the Premier Gold Project (PGP) are located near the processing facility on the Premier Mine site. The PGP covers about 8,133 hectares (ha). Its Red Mountain Project (RMP) is located 23 kilometers (km), southeast in an adjacent valley. RMP consists of about 47 contiguous mineral claims for a total of approximately 17,125 ha. Its Premier and Red Mountain Gold Projects supply gold and silver ores to the process plant. It also has two other properties, including Swamp Point, an aggregate project located in British Columbia and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in United States.


TSX:AOT - Post by User

Post by TrueGoldon Sep 05, 2023 7:49pm
211 Views
Post# 35620968

TURNING OUT TO BE WORSE THAN I THOUGHT

TURNING OUT TO BE WORSE THAN I THOUGHTI got into AOT back in 2016 at $2.25\share i think it was. In December 2020 I started posting on AOT. I was bashing the stock because they never met a deadline, had lousy promotion etc. etc. I took some heat from others on this board because I said this would be a dud for a long time. Coming up 3 years of more nothingness with this stock; so it turns out I was correct. 45 to 46 cents at the close today........Seriously? so pathetic. Production in 5 months but at least 20 months away from full production.
It will be a slow climb over the next 20 months. Terrible for a stock that had so much potential 7 years ago.
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