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Ascendant Resources Inc T.ASND

Alternate Symbol(s):  ASDRF

Ascendant Resources Inc. is a Canada-based mining company. The Company is focused on the exploration and development of the prospective Lagoa Salgada volcanogenic massive sulfide (VMS) project located in the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is located within the north-western section of the prolific Iberian Pyrite Belt in Portugal, approximately 80 kilometers southeast of Lisbon. The project is comprised of a single exploration permit covering an area of approximately 7,209 hectares. The Project represents an early-stage, potentially high-grade, polymetallic zinc-lead-copper exploration opportunity. The Lagoa Salgada project comprises two known deposits, the Venda Nova North, and South Deposits. The Lagoa Salgada north deposit is comprised of gossan (Gos) mineralization. The Lagoa Salgada south deposit comprises copper-rich stringer / fissure / stockwork and remobilized mineralization.


TSX:ASND - Post by User

Bullboard Posts
Comment by Clanhunteron Mar 21, 2019 5:55am
136 Views
Post# 29515270

RE:Be ready

RE:Be ready

Mixed signals, as expected for Q4.

Hope to see that ASND "manages" Q1 eventually with a small loss or break-even.

The trend for upcoming months bodes (very) well:
- metal prices for both Zn and byproducts Ag and Pb continue to increase
- focus on high grade areas and dilution control
- strict focus on further cost reduction
- higher throughput

expect to see significant effect on topline and bottomline

higher rev's, higher EBITDA, lower AISC

if turnaround proves to be succesful -> x2 is in the making
however liquidity issues are present

in any way: do your own DD

 

Bullboard Posts