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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 calmandquieton Dec 07, 2021 11:27am
251 Views
Post# 34206428

Cargo lost at sea

Cargo lost at sea Components from China lost at sea. It's always something. With True Gold in 2015, the local rabble rousing leader shook the company down for more money by telling his followers to break into the mine site and destroy equipment. The resulting dip in the share price was last good buying opportunity for True Gold.

Lesson here is: don't order from China whenever possible. The company should take the insurance money and re-order the components from somewhere else. 
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