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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 Mar 19, 2021 8:32pm
167 Views
Post# 32843805

RE:RE:ASCOT

RE:RE:ASCOTWildhorse. Refurbishing mines has been done dozens of times in the past. Maybe somewhat different for nickel, or tin or uranium. Many mines have been restarted with the recovery of the underlying mineral. 
Sure these guys deserve credit but they are not the only ones that know how to do this.
When you say this will pay huge in the end I'm curious at what your personal opinion is of where the stock will be by August 2021, then by August 2022. Lets assume $1,800.00 gold for Aug 2021 and 1950.00 gold for August 2022 when they are producing.
Now I know we do not know what they will discover this summer drilling, but my guess is that by August 2022 when they MIGHT be producing the stock would peak and hold at best around $3.50 to $4.00\share. At that time there will probably be 330,000,000 shares O\S. Then it will move in tandem with the price of gold.
I hope you're not one of the people listening to that broker in Alberta. By the way I now know who it is or I should say what Brokerage House they are with. My cousin let me know but made me promise not to write it on the BB. This person apparently has been so out to lunch over the years that you couldn't even put together a movie because no one would believe you could still be a broker today. LOL. HINT: They are not in Edmonton where I used to live.
Had some rain today in Kelowna. Smells nice.
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