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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 Forbesa13on Jun 19, 2023 12:35pm
161 Views
Post# 35503542

RE:RE:We're Still...

RE:RE:We're Still...Unfortunately, we're all likely along for the ride at this point.

What's crazy to me is that the explanation here from the company is that the rebalancing of +/- 1.3 MM shares in an ETF just dropped us so considerably in the past week. Now that the ETF selling is over we're still at $0.49 though? So what happens when someone else decides to sell another 1.0 MM shares? We go to $0.30?  

We're either the best deal in the mining space or we're all bagholders. I really can't tell at the moment. I can for sure say though that Derek missing many milestones over the years (I've been in this since consideraby 2017) has not helped. 
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