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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

Post by TrueGoldon Feb 05, 2021 1:36pm
291 Views
Post# 32485660

Questions

QuestionsYes good posts by Molly4 and Capit.

Hi Capit: I last sent you an INBOX in August 2011 when we were in Capstone together. I see that AOT is the only stock you are posting on now. Myself as well and most of my posts show how po'd I am. Waiting waiting waiting, getting older older older.
I've been away from the boards for a long time but came back on when my patience came to an end waiting on AOT.
Hi Molly4 as well. Another good poster also from Capstone days. Molly4 I sent you an Inbox 2 or 3 weeks ago. Never heard back from you.
I remember both of you posting on Capstone for over a couple of years were also very very positive at the time. And look what happened to it!! It dropped from $5 to .50 cents. I hope you both didn't take a bath on that one. Was a good buy at .50 cents but I didn't want to touch it again.

Anyway; in your post Capit you put in from Sprott that their outlook for AOT is $1.85\share. Could you please tell me what they are saying. Are they saying by the time they reach production (at these gold prices) they project $1.85 a share?
I know they will be drilling again at the start of June and hopefully can drill a lot more than this summer and that can add to the share price.
Unfortunately for myself when I got into AOT I was getting information from a cousin who was getting information from a stock broker somewhere in Alberta who's information was nothing but BS. So my average is much higher and I'm not so sure I should average down AGAIN!!!!

Also what is a range you see in the next year with gold around $1900. Can you see this being $3.00 a share? Looking for both your opinions on what you both see as a fairly reasonable price a year from now or at production time. Thanks. I'm in Kelowna now no longer in Alberta.
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