Ascot Resources Ltd T.AOT

Mill

[Kruithof]

So the mill is supposed to process 1.1 million ounces over the next eight years so we're looking at over 2 billion dollars @$2000 a ounce

[Kruithof]

Oh and 3 million ounces of silver during the same time, freaking money machine

[Beerman]

I think most of the silver goes to the stream?

[Sclarda2]

  If you look at AOTs presentation they are predicting aprox. 120k ounces of gold production this year and aprox.  180k per year after that for the next 5 years before tapering down after that. With the amount of gold they have and will find it will not be tapering down for 25 years i would expect and maybe even expand production in the next years. At 120 k production this year with

[wildhorse65]

Thanks sclarda. I wasn't trying to crunch numbers there. I leave that to people who crunch numbers. I do agree that there is a lot more hold than is currently accounted for 

[wildhorse65]

$2,100,000,000 divided by 8 is 275,000,000 per year. Divide that by 600,000,000 shares..........  The property has WAY more gold than that and we will produce WAY more than that. The major variable here over the next year or two or three or four or 20, will be the price of gold. I'd like to see a current 43-101 and then some of the number crunchers here crunch the real numbers. I think