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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 buygoldbugon Jan 26, 2023 7:39pm
208 Views
Post# 35249126

RE:RE:RE:RE:RE:RE:160,000 shares

RE:RE:RE:RE:RE:RE:160,000 shares Agreed. Gold would also need to correct along with ascot but gold has had a pretty good run and might also be due for a pullback here. Selling on short term highs and buying back on the lows is a great way to get more free shares but timing is never perfect. I do see a good opportunity here though and will probably regret not selling more today to buy back more shares in a week or 2.
If silver breaks 24.50 to the upside then I think we'll get a face ripping rally. There is a strong correlation between silver and mining stocks the last few years 
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