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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

Post by Shadow10on Mar 20, 2024 1:54pm
127 Views
Post# 35943275

Commissioning

CommissioningThe price of gold is aroung the highest we have seen $2,157 U.S. and $2,925 Canadain . Ascot is going to make a lot of money. I think that we are in spring break with a lot of people away and light volume you are seeing people trying to drop the price so the can load up before the pour. It could be soon, we don't know for sure. Now that the SAG mill is up and running and the commissioning is moving along. If its next week sometime they are finished the Plant Commissioning i can't see them waiting till the first week in April. Maybe thats why people are trying to drive it down?
Just my thoughts , anyone else have a theory about the drop.
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