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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 DoctorMoreauon Apr 26, 2019 1:14pm
147 Views
Post# 29675528

RE:News Release and 5% drop in share price

RE:News Release and 5% drop in share priceYou are not alone! I’m taking a good beating as well. I also averaged down at these levels. Never wanted to break even so badly in my life.
It scares me that they just released news that I think is positive and the share price just keeps getting pounded. It seems a little suspicious that as soon as GMP issued their report that the roof started to cave in. Seems like there is very little trust in the management.  This company has a gray cloud hanging over it!   

Bullboard Posts