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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 > Insider Trading...You decide?
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Post by Mustlovedogs01 on Feb 01, 2022 11:10am

Insider Trading...You decide?

On approximately November 17 2021 AOT was trading at $1.40 +-.  From November 17 +-, then free fell bottoming exactly +- BEFORE the News Release on December 7 2021 that was the first mention of the "Clarifier ", being lost in the waters that I'm aware of.  Interesting is, there was no halt of what I consider to be MATERIAL INFORMATION!!!??  In Derek's mention of the event, he doesn't give the date of the loss, (It must have been such a non issue that he forgot the date)  only the mention of..."RECENTLY INFORMED", Of the LOSS of the Clarifier!!!  Really?...Really!!!!  Now...I'm not saying there was insider trading...I am saying the coincidences like this happen all the time and that I am sure that it just looks suspicious.  You decide?  Maybe this would be something someone with more authorty could comment on?  This is just my findings after doing some research.  Just my view.  Here is the words from Derek on Dec 7th when AOT share price had more or less hit the first leg down...from the $1.40 level to $1.07 level.  Did someone know?  Was the stock shorted?  Could that be why AOT is at the $1.00 to cover those shorts now?  JMO. glta

The Company recently received notice that a cargo ship travelling from China to Vancouver, carrying a majority of the Company’s clarifier and thickener components, lost its cargo at sea in a major storm event. The financial cost of replacement will be covered by insurance, but the additional time to fabricate and ship replacement components is expected to cause a delay in the overall project schedule. This combined with abnormally high snowfall levels associated with storm events on the west coast of B.C. has led Ascot to revise the project development plans throughout the winter season and into 2022. For these reasons and in order to prioritize the safety of our workforce, the Company is now planning to scale back most outdoor construction activities and delay the commencement of underground development until snowfall levels subside
Comment by TrueGold on Feb 01, 2022 12:49pm
MustLoveDogs01 - I agree with you 100%. See my post below from December 9,2021 where I agreed with you then. You can say that you're not saying there is Insider Trading - maybe a coincidence!!!!  Well all Insider Trading is: Directors, Management or anyone that owns 10% or more (I think) of the stock. Don't fool yourself. Before any of us hear from a PR someones Brother, Sister ...more  
Comment by Mustlovedogs01 on Feb 01, 2022 1:08pm
TrueGold. I hear ya!!!  You never know who holds AOT or who reads the posts. Sometimes there may be people of "Authority", who suffered the same fate.  I guess Derek could take away some or most suspicion, by provide the date and document that gives, the When he knew!!!!!!  I don't expect such, as, ommiting the date he was notified is unprofessional, if not, far worse! ...more  
Comment by Riceking on Feb 01, 2022 5:32pm
Why don't you guys get married, sell you stock and go on a honeymoon?   We would all like to see the stock at $3 or more right now, but it isn't. We all have three choices - buy more, sell or hold. Your whinnying and wild theories are getting tiresome!
Comment by Riceking on Feb 01, 2022 5:33pm
Sorry, I meant whining!
Comment by Mustlovedogs01 on Feb 01, 2022 6:34pm
Really?  Maybe you could read a chart and show where any statements are false?  Not whinnying as you say...investing and holding those in the Public Company I invested in somewhat accountable!  The stock is not going to move on BB's young man.  The algos/brokerage's move the market to play the retailer.  If you wish to give rainbows for what is, questionable timing ...more  
Comment by molly4 on Feb 01, 2022 6:49pm
My opinion re insiders buying stock..  your opinion but worth discussion. My opinion regarding insider trading and corporate governance. Completely off base and without merit.  You may not like management but to make accusations of wrongdoing is ridiculous.  This team has nothing but integrity and I personally take offense to your malicious innuendos.  Talk to the regulators ...more  
Comment by Mustlovedogs01 on Feb 01, 2022 7:05pm
Are you an insider?  Your statement of "ridiculous", and "nothing but integrity", for most investors would be difficult if not impossible to determin?  I like to think that about everyone and all things but as we all know, its not the case.  Can you add to support such conclusions?  I have pieced together dates and times with the use of charts...I don't ...more  
Comment by symington on Feb 01, 2022 8:43pm
Hey dogpee, your ramblings are simply that and simple. Just wishing for something does 't make it so. Build it one brick at a time. Management gives me confidence but I've been thru this before. Have you?