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.

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Ascot Resources Ltd > Gold bs SP

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Comment by wildhorse65on Aug 28, 2020 12:56pm

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Post# 31470314

RE:RE:RE:RE:Gold bs SP

7.5 g/t x 7.2 m/t "measured" at time of FS. I believe $1900 gold means over 100% IRR.
3.42 Billion divided by 2= 1.71 Billion.
1,710000000 $250,000,000 start up (to be safe)
= 1.460000000 divided by 275840000 outstanding shares. That's 5.29 per share
That doesn't count ANY indicated or any of the new drill results.
So, I beg to differ. We should be well above $2.00 right now. In the event that someone were to bid to take us out, one has to consider this reality in 18 months. I believe the number will be significantly higher by then. I see gold being over $2000 and our reserves being 50-100 percent higher. Jmho

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