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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 > BUYOUTS. Question...
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Post by Mustlovedogs01 on Apr 25, 2024 11:53am

BUYOUTS. Question...

How does someone hold large amounts of shares at say, $5.00 without paying alot in relation?  DON'T BE BOUGHT OUT!!!!!  Being an explorer vs a producer is very different...math would be required and an observation of what other producers produce and their current share price.  After building a mine with cash margins much higer than the FS was based on says, no thanks to a buyout.  With that said, a continuing falling share price "should", but aparently not,go without saying, benifits the buyer not the seller!  JMO.
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