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Ascendant Resources Inc T.ASND

Alternate Symbol(s):  ASDRF

Ascendant Resources Inc. is a Canada-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada volcanogenic massive sulphide (VMS) project located on the prolific Iberian Pyrite Belt (IPB) in Portugal. The Lagoa Salgada Project is located within the north-western section of the prolific Iberian Pyrite Belt in Portugal, approximately 80 kilometers (km) southeast of Lisbon and is accessible by national highways and roads. The Project is comprised of a single exploration permit covering an area of approximately 7,209 hectares. The Project represents an early-stage, potentially high-grade, polymetallic zinc-lead-copper exploration opportunity in a low risk, established and prolific jurisdiction. The Lagoa Salgada project comprises two known deposits: Venda Nova North and South. The Project represents a low-cost entry opportunity to gain exposure to a known, high-grade VMS deposit.


TSX:ASND - Post by User

Post by 101724on May 25, 2022 5:46pm
148 Views
Post# 34707563

Game players back

Game players backThey raise money, hit some large copper spots, have their major investor buy $450,000 more of stock and acquire 50% of the project, so what happens?  The game players come out and drop the price by 10% on low volume. This is the life of a small exploration company. Oh well, back to following Mineral and Financial  and see if RedCorp can acquire the remaining 15% from Portugal and somehow secure financing.
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