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Ascot Resources Ltd T.AOT

Alternate Symbol(s):  AOTVF

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

Comment by wildhorse65on Jun 29, 2020 9:21pm
211 Views
Post# 31205816

RE:Just some thoughts on Ascot

RE:Just some thoughts on AscotI don't think an arguement could be formed convincingly against any of what you have wriiten. However, it doesn't prove beyond a shadow of a doubt that there is skullduggery afoot, although I feel like there has to be. I got nervous back when Greg Gibson moved on. Sprott was stoked about getting in and getting his wingman on the borad. When they realized that they were not going to be able to "deal" their way into 51 percent, his interest wained a bit, Gibson moved on and I think that they could have decided to try a different longer term approach. Sprott has been involved in all the deals involving Ascot, including the initial 20 million of his own money that was the catalyst to the last four years (the share price has been MUCH higher in that time period with MUCH less proven upside). I'm sure he wants to own more of it, but what is he willing to do to get it? Would/Could he manipulate the share price until he got enough accumulated through M and As in the GT to hold a controlling interest? How many friends does he have that own a significant number of shares? Will/can he keep the share price held down until he is in a stronger position to get a controlling interest? Will big institutions lose interest if this doesn't look legit?  Everytime something happens that should move the needle, it doesn't. Is this all crazy talk? I just don't understand the price with gold poised to break out over $1800. Buehler?......Anyone?......

P.S. It pisses me off that "Anonymous" is even allowed when buying or selling. I assure you in this case, "Anonymous" is not our friend. Still, I guess we wait for the run up. JMHO
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