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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

Comment by TrueGoldon Jan 14, 2021 11:02pm
294 Views
Post# 32303761

RE:RE:RE:Drilling Results

RE:RE:RE:Drilling ResultsHere's the problem. Sprott, Management, Analysts or whoever all have at best an educated guess. Many thought gold would be over $2,000 at the end of 2020. Wasn't. Some were predicting $2,400. Many on this board were saying a year + ago that AOT would be over $3.00 by the end of 2020. Wasn't. Geez I was even told $8.00. At this point in time everybody has been way off target with AOT. Not once, twice 5 times or 20 times over the last 5 years. Probably close to 50 times. I got an inbox that said they were told all assays would be out before the end of October 2020. Still nothing as was pointed out by another poster.

Honestly if it was totally solid that AOT would be $2.46 share or more everyone would sell the farm ( so to speak) and buy AOT. Production is at least 18 months away. Probably will turn out to be 24 months with their record.

They have zero promotion and what I have read is their IR person is basically useless. As far as the Lassonde Curve the financing showed up but where are the institutions??

Just once I wish something came about that was touted in the time frame it was stated. Just once! My opinion.
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