Ascot Resources Ltd T.AOT

Alternate Symbol(s): AOTVF

Metals & Mining Gold

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 (PGP) are located near the processing facility on the Premier Mine site. The PGP covers about 8,133 hectares (ha). Its Red Mountain Project (RMP) is located 23 kilometers (km), southeast in an adjacent valley. RMP consists of about 47 contiguous mineral claims for a total of approximately 17,125 ha. Its Premier and Red Mountain Gold Projects supply gold and silver ores to the process plant. It also has two other properties, including Swamp Point, an aggregate project located in British Columbia and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in United States.

TSX:AOT - Post by User

Ascot Resources Ltd

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Comment by ALTACRUDEon Aug 21, 2014 4:00pm

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Post# 22866673

RE:Economic puzzles

puzzles , I do not understand technical trading , so would be interested in your views about where you see the price going. My historical experience has been that the price rises on speculation and drops on the news release . Ascot will be doing a press release one of these days and I would expect a sizeable drop in the price , it has risen on a very low volume and has very thin support , what is your technical analyse saying.

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