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Ascot Resources Ltd T.AOT

Alternate Symbol(s):  AOTVF

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

Bullboard Posts
Comment by ALTACRUDEon Jul 09, 2016 2:29pm
131 Views
Post# 25038309

RE:RE:RE:RE:$1.27

RE:RE:RE:RE:$1.27
Blackpooch wrote: Hopefullly they run out of shares soon.  The troubling part is it has the outward appearance of being deliberate.  What could be the motivation for such behavior?
It may be someone thinking of making an offer for all the shares, seems a bit early for that, you would think they would want to see an updated 43-101, which I would not expect until March 2017, before making an offer. last news release said they had some holes with visible gold, which should show very good assays, so if you just wanted to dump your position, why not wait for the news release, then dump at a higher price. This keeping a lid on the share price seems to defy logic.
Bullboard Posts