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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

Post by 101724on May 25, 2022 5:46pm
123 Views
Post# 34707563

Game players back

Game players backThey raise money, hit some large copper spots, have their major investor buy $450,000 more of stock and acquire 50% of the project, so what happens?  The game players come out and drop the price by 10% on low volume. This is the life of a small exploration company. Oh well, back to following Mineral and Financial  and see if RedCorp can acquire the remaining 15% from Portugal and somehow secure financing.
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