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Bullboard - Stock Discussion Forum 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... see more

TSX:AOT - Post Discussion

Ascot Resources Ltd > ANALYSTS, CRYSTAL BALLS AND RABBITS FEET
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Post by TrueGold on Nov 24, 2023 12:39am

ANALYSTS, CRYSTAL BALLS AND RABBITS FEET

Shadow10, you just recently posted that I don't put a lot of faith in these analysts - as a follow up to one of my posts. Sometime in the recent past I seem to remember that you predicted that Ascot would be $1.60 by now. ( Looks like your Crystal Ball is about as good as mine was.)  I remember I got a laugh out of that because that was truly pie-in-the-sky and you were probably quite naive on the history of Ascot. A lot of your posts put a positive spin on what you believe Ascot will do. Nothing wrong with optimism.
You, along with myself and probably hundreds of others are all under water with our investment in Ascot. My crystal ball quit working a long time ago. In the last year I bought more shares at .70 cents then .60 cents and more at .50 cents while holding a rabbits foot inbetween my crossed toes;maybe it was two! I for one will wait until next March to see how this Nightmare of an investment starts to unfold. Where will we be when we no longer need cash? 640,000,000 MM shares outstanding? Will gold finally break the resistance at $2,000/ounce??? Time will tell but I believe the Analysts on their most recent predictions of .85 cents a year from now. One thing I do know is the appetite for owning gold keeps going up with India, China and others. Good Luck to us all - we will need it.
Comment by Shadow10 on Nov 24, 2023 3:38pm
Truegold, I can dream thats for sure. I'm in it now and going for the ride and willing to wait. Hope it works for us all. I am getting up there in age it would made it nice to give me some extra cash for all my fly fishing trips i want to make throughout British Columbia with my Jounrey flat bottom boat and trailer. Fuel prices are too high here. Dream on baby dream on. 
Comment by Shadow10 on Nov 25, 2023 10:45pm
I guess i should proofread it , should say Journey flat bottom boat. Custom - made in Kamloops  B.C. Must of being dreaming
Comment by wildhorse65 on Dec 03, 2023 2:57pm
I agree with you TG. I'll wait and see how the financing and the likleyhood of further dilution shake out. The price of gold is an irrelevant game of paper. Gold against inflated debt created by corrupt government overspending causing deflated currencies, and the price of gold against the actual physical gold reserves in the world prove that clearly. The current state of global, geopolitical ...more  
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