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

Bullboard Posts

Post by Squixon Nov 15, 2015 8:02pm

152 Views

Post# 24293657

I guess we need some news soon.....

December 31st is approaching......and we need some news as to how AOT will satisfy it's payment of almost $14 M to Boliden. Raise the cash all at once? Extend the payment terms? Something else?.
Either way.....AOT will not be going anywhere until this matter is resloved, and when it is resolved favorably......I think the sp will be going up for some time.
JMO.

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