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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 Feb 15, 2021 8:13pm
170 Views
Post# 32570178

RE:RE:RE:RE:RE:RE:AOT

RE:RE:RE:RE:RE:RE:AOTWell Wildhorse65 I agree with you 100%. Let me tell you about GOLD. The United States (power that be) can not afford for the price of gold to get anywhere close to what it should be. WHY? The answer is::: As the world's reserve currency that would signal that the US Dollar is in serious trouble. THE TRUTH IS IT REALLY IS IN TROUBLE. THE USA IS BANKRUPT. Gold is traded for the most part in US Dollars so when gold goes up the truth is it just takes more US Dollars to buy that same ounce; which signals the US Dollar is losing its buying power. The problem is the entire world is also in the same type of ship that is sinking - as is Canada.
The US Government are the largest manipulators of the price of gold. However I believe they will only be able to push down on that spring for so long. Eventually the world is going to demand higher interest rates to lend the US their daily fill of cheap money. At that point everything will start to fall apart and gold will shine.
With Ascot I agree 100% with you. Pathetic markerters of their product. They should have this at $2.00 share NOW so that when they need their final $25MM they don't have to issue so many shares.
I just found someone here in Kelowna that bought AOT the same time I did and at much higher prices as well. Another shareholder that uses the F-bomb talking about AOT every 5th word.lol.
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