Ascot Resources Ltd AOTVF

Precious Metals Summit ZURICH : 2023

[Shadow10]

Derek White giving presentation in Zurich 2023. Very Good

Ascot Resources Ltd.

TSX: AOT

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[TrueGold]

Derek W. has probably done 6-10 presentations in the last 16 months and not a single one of them has done a thing for the stock. We are (supposedly) a couple months away from the start of production. Like I have said before it will take close to 2 years to reach maximum production. For the last 16 months I have read again and again how posters on this BB believe AOT will rise dramatically. Flat

[Shadow10]

Well i think you are wrong, who do you want to do the presentations ?  I think Derek is doing pretty good on the presentation, he makes it pretty plain what they are doing and i don't think he is trying to BS anybody. He doesn't stumble or get lost in his presentations. When i had Pretium shares the worst CEO was Joseph Ovsenek, he stretched everthing he said and it took down Pretium

[Shadow10]

I forgot to mention that i don't think you can forecast with a 100% accuracy that gold will not get to $2100 an once.  If you are forecasting $2.00, a share why would I sell for.50 cents? i think it will go passed $2.00 per share and I will hold onto it for some years.

[TrueGold]

I'm not saying with 100% accuracy. What I do know along with others is that the US Government does not want higher gold. Manipulation with paper gold is huge. The best predictor of future movements is past movements. Gold hit a high in 2020 and we have not come close to getting back to that. Maybe a breakout of war with more countries might take us to $2,100 or more. But hey, even what is

[wildhorse65]

I agree with you TG. The dilution is the fly in the ointment. This stock has been well over $2 several times in years gone by. Back then, they didn't have a plan, they didn't have a team and they didn't have any money, they had optioned an archaic gold mine for nothing but a promise. But, John Toffin, Bob and Graham Evans likely did very well. Nobody cares anymore about the Mt

[Shadow10]

Wildhorse65 I find your reply to TG  very good and as you have being involved with Ascot for a very long time.  The only thing i might disagree with you is on not saving money refurbishing the mill . I have friends that do constuction and they have told me that if a building is old and solid they will refurbish it as they save a good bit of money and time in not knocking it down and

[wildhorse65]

My "opinion" on that was a bit judgemental. I should perhaps have formed it more  as a question. I'd like to know the AIC on the savings. ALL things considered. I just don't think it's as profound as Deryk might think. That's not his job. 

[buygoldbug]

Maybe look at a 50 year chart of gold. Seems it does not matter what the government wants.....gold only goes up and up and up and up aaaaaand up. Clearly it'll be well above 3k per before the end of this decade. Ascot will fly soon