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Ascot Resources Ltd T.AOT

Alternate Symbol(s):  AOTVF

Metals & Mining Gold
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

Ascot Resources Ltd > Financing
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Comment by wildhorse65on Jul 24, 2020 7:56am
120 Views
Post# 31312801

RE:Financing

RE:FinancingThere won't be any financing news before Mid Sept -mid Oct.. They can "be in talks" and fiddle around with strategy for years, if they are even aggressively pursuing finanacing right now. It seems as though the last round wasn't very well thought through. If it was, it was poorly negotiated on behalf of the shareholders. Jmho
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