Ascot Resources Ltd T.AOT

2nd. Post Re: PROBABLY THE MOST BORING BULLBOARD ON S.HOUSE

[TrueGold]

Curious. If any one is still following this stock I have a question.

What do you believe the price of AOT will be when they start producing in approximately January 2023. Say Gold Price is still around $1,800.

[Forbesa13]

My own model comes up with a price target of +/- $3.00 per share. A couple of things though, they need to continue to drill and find good grades (ie. average above 6 g/t) to get the mine life to 10+ years, they need to get to +/- 150,000 oz per anuum in production, gold needs to be $1,700 per oz or better, exchange rate of 1.25x, and msot importantly they need to stop issuing shares.  Most

[TrueGold]

Thanks Forbesa13:  No one else has an opinion I guess. Dozens of people over the years have lots to say but no one wants to give at best an educated guess. Also it is possible they all got tired of listening to each others BullCrapp over the years and promoting how great the management team is. Pahh!!! Remember I heard $10 dollars plus this year. Such a joke.  Personally I doubt the $3

[Forbesa13]

I hear what you're saying although I certainly think $3.00 a share is reasonable here. The entities that bought into Ascot to fund the mill aren't here for a 1x return they're looking for a multi-bagger and I'm sure they've done their homework. I emailed David Stewart at Ascot on the drilling results...to his credit he replied in 2 minutes. He says they are still waiting on

[sonofcroy]

I concur. 3$ CAD minimum. I'm looking to sell for 5 a share down the road. I think we may get a buyout well before production though and will probably be offered around $2 a share for it but then there will most likely be a bidding war that pushes it up to $3/share. Share prices are down in the entire sector. Sentiment has been low this year but the tide seems to be changing and it looks like

[TrueGold]

Sonofcroy: I would put up 1 or 2K and bet you that we won't be $2.00 by Christmas. I also would be happy if you won the bet. LOL

[symington]

I will hold the money for you two.

[sonofcroy]

lol good ones. I still think $2 minimum by Christmas. I'll bet ya bragging rights. It's been a slow trudge but I think we move like a rocket soon with or without news. This is coiled and ready to pop

[Forbesa13]

I'd be surprised if we had an approved permit by Xmas the way this is going...maybe some new drill results perhaps, lol.