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Bullboard - Stock Discussion Forum 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... see more

TSX:AOT - Post Discussion

Ascot Resources Ltd > Seriously
View:
Post by Westcoastgold on May 17, 2021 2:39pm

Seriously

We are up 42% on a volume of 32 million shares for the last 5 trading days
and you are complaining about issuing 3 million shares at a flow through premium??
you really need to get out of the mining sector
Comment by sonofcroy on May 17, 2021 2:50pm
I concur. Well said. Nothing to complain about here. Looking great!!!!!!
Comment by TrueGold on May 17, 2021 3:00pm
Listen, we would have been up anyway had we done other ways of raising money. If you bought all your shares at .90 cents then great you are happy. I for one did not. Many have bought at a higher position. Lots are in for over $2 and have been holding for years.  Where were you when we dropped from $1.60 to .85 cents? We are still down 20% fromthat point. Big fn deal we are up 42%. THAT ...more  
Comment by sonofcroy on May 17, 2021 3:16pm
I like the idea of having no debt. This flow thru was done for obvious reasons. They need more money to drill. I was here for the drop from 1.60 to 85 cents and while it stung a bit it's over now and par for the course for a mining stock. As long as you didnt sell at 85 then all is well. Gotta gave patience and a strong stomach for trading mining stocks. If you cant take the heat you know what ...more  
Comment by TrueGold on May 17, 2021 3:48pm
Well if they need more money to drill why are they raising it now? They have $81,000,000 bucks. That can not be the reason. Drill with 4 or 5 or 8 rigs. Go after it fast. They believe they have juicy targets. So IF they need more money do it when the stock is at $2 or more bucks a share. There is no heat to take. Been waiting 6 months for them to drill. Now it is hope like hell we truly hit ...more  
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