Ascot Resources Ltd T.AOT

Alternate Symbol(s): AOTVF

Metals & Mining Gold

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 > New Press Release - Ascot Reports First Quarter 2023 Results and Provides Construction Update on the Premier Gold Project

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Comment by buygoldbugon May 15, 2023 10:09pm

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Post# 35449516

RE:RE:New Press Release - Ascot Reports First Quarter 2023 Results and Provides Construction Update on the Premier Gold Project

Dilution does not benefit a takeover. Your understanding of math is terrible. A lower market cap however does benefit a take over. The market cap is basically the same as it was before the private placement so no benefit there. If you don't understand these basic concepts you probably should not be investing.

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