Ascot Resources Ltd T.AOT

Financing

[molly4]

Before we all jump off the proverbial bridge recognize one thing.  With dilution our NAV at $1700 Gold is $2.20 and $3.10 at $1850 Gold.  Fully funded Peers average is .83 of NAV.  I agree with Forbes that I am a little puzzled at the discount on the share price for the raise.  I dont know why we had to give a 16 percent discount, buit I will wait to hear from Derrick.  BTW dont expect to hear anything from the company or any BMO or Raymond James  reports until after the close April 9th.  I dont think we have to wait until the 30 day over allotment period to hear anything but I am not 100 percent sure.  I very much respect Argentis Capital Michael Gray and what he has to say and he views this as positive.  He was happy they raised a bit more than the $35 million they were required.  As Forbes said, this is now done.  Dilution to the NAV which to me is what is important is fine.  This NAV number was arrived at with FS metrics. Way more upside in exploration, as was noted, but also on working SAMS into mine plan, which will make a big difference. JMHO On to the next step

[molly4]

Sorry that is  NAV of $2.70 at $1700 Gold not $2.20

[Thales42]

Question:  What do you get when you combine lack of accountability and greed? Answer:    The Latest AOT financing April 10 is the closing date and  Aot should cancel the deal as it sucks. The average SP in the last twenty days is $1.10, so a 22% price discount  plus 15% additional allotement you only give to your  friends and lovers.  I am openly questioning

[sclarda]

Thales42  wrote Question:  What do you get when you combine lack of accountability and greed? Answer:    The Latest AOT financing April 10 is the closing date and  Aot should cancel the deal as it sucks. The average SP in the last twenty days is $1.10, so a 22% price discount  plus 15% additional allotement you only give to your  friends and lovers.  I

[TrueGold]

More Pearls Of Wisdom from the moron.  Nothing but a bunch of What ifs, maybes, how do you knows and probablys. AND the best Pearl of Wisdom......Time will tell how it all plays out ....Absolutely Brilliant!!!!!