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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
Post by CaptiveCuttingon Oct 24, 2019 7:17am
161 Views
Post# 30263006

Take OVER

Take OVERWell I think we can all agree on a couple things, first one  is that everyone here is under water, unless you just entered AOT.

I would say the second thing is that this stock is manipulated perhaps by some one doing some unscrupulous trading or the with holding or delaying of information for some type of alternative means.

Much like what was being done with IDM information / progress keep being delayed.
And also Kind of like missing drill holes from a AOT press release a few month back.
If AOT is being manipulated down then for what reason and for who, I honestly can’t see a mid tier pick up AOT at this time. I would think the mid teir would want AOT in production first, much like Atlantic Gold a few months back.

The only real option / outcome that worries me is that AOT will be taken privately and share will be driven down to 30 cent and on the buyout we will all get a very generous 45 cent on our shares that many of us paid a dollar plus.

But do have a questions for those of you that have been in the game while, some one mentioned a hostile take over, does anyone see this as a likely outcome and what would this do to the share price… I imagine it would increas it significantly in the short term ?

Bullboard Posts