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Ascot Resources Ltd T.AOT

Alternate Symbol(s):  AOTVF

Metals & Mining Industrial Metals & Minerals
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
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Comment by SeekingAuon Dec 10, 2019 10:31am
144 Views
Post# 30439337

RE:RE:RE:News

RE:RE:RE:News
wildhorse65 wrote: 2.5 million ounces of $1400 gold divided by our 233,000,000 shares is $15 a share. Cut the per ounce price in half. $7.50. Cut that in half $3.50. At some point this has to explode upward. 


Maybe my calculations are a little conservative:

Production p.a. : 180k
AIC: USD 1200 oz
@USD 1400 oz FCF p.a. : 36m

FCF multiple x10: USD 360m / CAD 470m

My share price target: USD 1,55 / CAD 2,02

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities