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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 Gold2017on Aug 29, 2020 2:07pm
122 Views
Post# 31475412

RE:RE:RE:Time to buy back in

RE:RE:RE:Time to buy back inYour number crunching makes no sense, 3750 oz/Day????  450 oz/day is whats in the FS and why would someone pay 1900 doallrs an oz for gold they cant get out of the ground for 10 years???  I hope we are in production in less than 2 years but i read it will take 9 months to fabricate and deliver the long lead items once we have the permits and thats under normal non covid circumstances. then it will take another 4-6 months of construction after that if everything goes smoothly.

7 dollars makes us over 2 Billion dollar company!, thats over 3 times whats in the feasabiliy! i dont know what you are smoking but it must be pretty good. I dont think you are going to find s better more experienced team than what we have with Deryk, i heard a lot of his team are working for 3/4 of what they could me making elsewhere because the bleive in him that much. 
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