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.

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Ascot Resources Ltd > PREDICTION

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Post by TrueGoldon Apr 20, 2021 5:59pm

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Post# 33033882

PREDICTION

Here is my prediction based on gold holding up or rising.

Ascot will have a 1 for 2 or a 1 for 3 rollback of the stock. Possibly by or before November 1, 2021. Sometime between September 2022 and December 2023 Yamana Gold will make a buyout offer for Ascot. Now I have said in the past that they will not sell out, however the additional PP to Yamana after all the previous equity financings has changed the ballgame.
We shall see.

For now it is like watching snails in a 100 yard dash. Drilling in 7 weeks. Hope we go with 4 rigs or more with all the $$$ we have now.

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