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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 Shadow10on Apr 14, 2023 12:00am
352 Views
Post# 35394509

Makes me wonder why it can't stay over .70 cents

Makes me wonder why it can't stay over .70 centsIt seems to me that every time the price gets over .70 cents it gets brought back down. The price of gold is rising and Ascot is close to getting everything finished. I wonder if there is somebody or group that wants to keep it low?
Look at some of the other companies in the golden triangle that wouldn't have a mill in operation till 2025, 2026 and 2027. They have moved a lot more then Ascot. I just find it strange, and we have had some heavy trading going on with Ascot and we haven't gotten anywhere. Look how fast it moved from .40 cents up to .72 cents.
That's my 2 cents worth, maybe it's not even worth two cents?
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