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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 TrueGoldon Nov 16, 2023 3:21pm
148 Views
Post# 35739853

RE:Precious Metals Summit ZURICH : 2023

RE:Precious Metals Summit ZURICH : 2023Derek W. has probably done 6-10 presentations in the last 16 months and not a single one of them has done a thing for the stock.
We are (supposedly) a couple months away from the start of production. Like I have said before it will take close to 2 years to reach maximum production.
For the last 16 months I have read again and again how posters on this BB believe AOT will rise dramatically. Flat-Out it won't. We have so many shares outstanding now. And the millions of sharesbought between 33 cents to.42 cents will for the most part sell for months when we hit .50 cents. Gold needs to rise a lot ($2100+) and it won't. 
Anyway I expect no more than a $2.00\share price in the next 2 to 3 years and it will probably be sold to a major for that price. As usual I hope I'm wrong but I haven't been wrong with Aot since January 2021.
 
 
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