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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 RustyDusty85on Mar 03, 2017 6:45pm
224 Views
Post# 25930165

RE:Rusty Dusty 85

RE:Rusty Dusty 85I sense a little bitterness Dow, we shouldn't let emotion get in the way of constructive discussion. As you are clearly telling me to get my head examined I'll take the higher ground and forget about that childish comment. Ascot themselves have been saying for a while that there long term target is 20 million ounces. I didn't dream up the number, they did. The people that know the area well and have been down this road before. Let's not forget what John did with Snip and Eskay Creek.I don't understand the negativity towards it...... but it is possible that they will eventually get there and that was all I was trying to say. The fact that they keep that as the upper threashold speaks volumes to what they think they have. I agree about the gold market comment, we need a strong market to realize big gains. However, If Ascot can pin down the high grade and go after it themselves we could be in for quite a ride even with gold where it is now. I think Greg Gibson was on to something when he said this will be like Pretivm all over again. You or I are not the experts here, these kind of guys are.
Bullboard Posts