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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 Forbesa13on Oct 21, 2020 7:38pm
205 Views
Post# 31759598

RE:RE:RE:RE:RE:Ascot so quiet

RE:RE:RE:RE:RE:Ascot so quietI agree with everything you said, especially as it pertains to drilling activity this year.

My issue isn't with the direction were heading, it's with Derek and his lack of adherence to timelines he himself is setting and the lack of accountablity he shows when they are missed. I haven't heard him once be contrite and just own it, it's always someone else's fault. I can't trust anything he says with respect to timing anymore and frankly this project is down to timing. I think he'd do himself a favour to atleast acknowlegde this pattern and commit to doing better.   

As for Walter, yeah it was somewhat nonsensical, but he was making a point and I think he represents a portion of the shareholder base that are tired of hearing about (further) delays - myself included.
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