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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 wildhorse65on Mar 19, 2021 10:26am
206 Views
Post# 32837231

RE:ASCOT

RE:ASCOTOf course it's another $30,000,000. But, no company, except every company and government in the world would ever use covid as a way to line their pockets. Things cost at least 25% more when there is a mild, flu like virus ravaging the consumer base. These geniuses aren't making peanut butter sandwiches here. This is genius stuff that has never been done before. No shareholder should question any moves made by these guys because they are refurbushing a mine. It's genius work, that only a couple of extremely woke investor type people can appreciate. So just keep your questions and especially your doubts to yourself. There is only one tem in the world that can do this, and we have them THANK GOD. Absolutely none of the new cost estimate will be paid to the geniuses that are financing or managing the miracle that is unfolding before our poor ignorant eyes. We all know that it just costs more money if you question brilliance.............so don't. You just go practice your sandwich making. This will pay huge in the end, it will just be about 6% less at the moment. Of course, there may be further costs over the next year or two. And, that may cause a little more dilution. I don't know if the price of peanut butter and bread will exceed the price of gold in that time frame, but there is a genius somewhere who knows. Of this I am certain. ROFLMAO!
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