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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
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(6)
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Comment by kkkrrron Jan 07, 2020 10:23am
106 Views
Post# 30525657

RE:Nice drill results.

RE:Nice drill results.
the problem is..the stock is fairly valued here ...  they need money for upgrades of the old plant ..startup of the mine is risky ..look at harte Gold as example ... catastrophe ...

for 200 million CAD marketcap you get 200000 oz-producers like GCM , Superior Gold has an marketcap of 50 million USD and 3 million OZ high-grade-gold ...    its all about execution ...

200 million for an explorer is a lot because there will be enormous dilution until production...
Bullboard Posts
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