Ascot Resources Ltd T.AOT

Ascot so quiet

[EarsOfADonkey]

I wonder when funding will be announced ... any speculative guesses on a date?

[Forbesa13]

I don't know for sure but I hear they are still on schedule for a Q3 announcement. With all the games being played here though I wouldn't be surprised to see the stock dip below $1.00 between now and then. My own personal guess is Monday November 2nd, 2020 not for any particular reason but simply becuase they haven't hit a deadline in the 3 years I've been in this stock and I

[CaptiveCutting]

You are very correct not a single time line has been met in 3 years, so why start now and blemish a perfect record of being late..

[Goldking135]

This post has been removed in accordance with Community Policy

[Forbesa13]

Okie dokie, have a great weekend. 

[buygoldbug]

blah blah blah ......cant say you'll be missed lol. The smart ones are holding. Will take my profits at 5 bucks a share in near future.

[symington]

You won't be missed. Goldass135

[capit]

Interesting point in one of their presentations ... we will process the ore as the permits get approved ... They are going open pit, their existing permits (like ours) are for underground ... They could find 10 million ounces but if it takes 10 years for the permits who cares ... Spent a lot of money on Western Copper and gold  a few years back (WRN) .... 10 M oz gold 2 billion lbs CU ... 8

[wildhorse65]

Again, I don't think we are going to hear about a financing, whether or not there is actually a number of financiers lined up. Not until we have submitted the permit application and received approval. However, once that happens I expect someone to jump on this like a fat kid on a smarty and then they will frenzy. Jmho

[Forbesa13]

On the conference call now. Sounds like they'll blow through my November 2nd guess! I'm going to say we don't hear anything till 2021 on the fianncing which is 6 months past where we were told earlier this year which is pretty standard for these guys.    Also, go Walter!

[secretagent]

Attended the conference call. My two main take aways: - things are moving slowly, and production is now July 2022, if all goes perfectly as planned (and it never does). There is a  sliding timeline, and Derek White seems to not be concerned much about that. Perhaps the current comp package he has is  comfortable enough to not have him share the urgency shareholders seem to have? - Lars

[molly4]

I also listened to the call Where in gods green earth to you get Lars is going to Germany?  He is attending a VIRTUAL conference and that was stated very clearly!!!!  If you dont understand what that means,  It means he will be on his computer in Vancouver attyendiung the conference.  Try listening to the answers to your questions Walter!    Here is what I got. They

[Forbesa13]

I 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

[wildhorse65]

Thanks. The problem in the markets is the retail investors of the world don't stand up to these thieving banks, fund managers and governments. If we don't have a LOUD voice, we an our money will be forever on the knife's edge of being separated from one another. The manipulation of gold is heinously criminal. 

[Gold2017]

I heard there is several different financing offers being elvaluated right now. They have outside lawyers/accountants who speacialize in funding looking at the best option. I think they want to makes sure they get they best deal possible before they decide.

[Forbesa13]

I've heard same regarding the number of options they have in front of them. I know it's an important descision but they always use that as the excuse when they miss their deadlines and that'll likely be the case again here. While that may come across as whiny, frankly we should have well under construciton by this point and I think it's one of the (contributing) reasons why

[Gold2017]

I heard some time this fall so hopefully that means before Christmas. Once there are lawyers involved seems like everything takes longer.