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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 molly4on Feb 04, 2021 9:49pm
201 Views
Post# 32480666

RE:RE:RE:MAA - SUBMITTED

RE:RE:RE:MAA - SUBMITTEDWhat is it you would like me to say?  I think I have made my position quite clear.  I am here for the end game.  I just am not concerned about the stock short term.  All I have seen in the last year is very positive steps towards production.  To say we have  nothing short term to look forward to is incorrect as I stated in my last post or two.  We are NOT fully funded yet.  There is still one more equity piece that needs to happen.  We also are awaiting the engineering to officially adopt the SAMS system.  This will have a huge impact on our bottom line.  Those are two pretty exciting milestones in my opinion. I refuse to lose sight of the great strides this management team has made in moving this very economical mine restart  into production.  Lets just take the mines act ammendment.  I appreciate they initially thought it was going to be submitted earlier than today, however in reading Desjardin and Argentis" updates today, they both were very positive on the great work management did in compliing this very lengthy ammendment.  Management spent the time making sure that it was a true collaboration with the Nishka Nation.  Maybe people dont understand how important this is.  They just didnt submitt a plan and hope for approval.  They did it right and it will pay off in spades for Ascot Shareholders, the Nishka Nation and the local economies.  If that took a bit longer than expected, I personally do not  care.  The Ball and Sag mill arent here until June July anyway.  The other great thing about having a true collaboratioin with our Nishka partners and consulting the government officials along the way is that our approval time will, I am sure, be far less than if we hadn't done it properly.  In order for this to work properly it has to be a win win win on all these types of projects.  Our management team has iinsured that in my opinion.  Building a mine, even one with as much existing infastructure as ours, takes time and patience.  I am not trying to be self righteous here, but sincerely, if you think this management team is not capable , then dont be here,  They arent going anywhere and in my opinion they will get us to the dance and shareholders will be rewarded.  If I am wrong then I am wrong but I dont think so.  These are just my opinions, we are all entitled to them last I checked.  Good luck to all  
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