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Ascot Resources Ltd AOTVF


Primary Symbol: T.AOT

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 wildhorse65on Dec 03, 2023 2:57pm
173 Views
Post# 35766002

RE:ANALYSTS, CRYSTAL BALLS AND RABBITS FEET

RE:ANALYSTS, CRYSTAL BALLS AND RABBITS FEETI agree with you TG. I'll wait and see how the financing and the likleyhood of further dilution shake out. The price of gold is an irrelevant game of paper. Gold against inflated debt created by corrupt government overspending causing deflated currencies, and the price of gold against the actual physical gold reserves in the world prove that clearly. The current state of global, geopolitical chaos proves that there is nothing in a 50 year gold price chart that matters. What matters is what happens in November of '24 and Oct of '25. Barring that the current governments in North America don't lie, cheat and murder until we are into a world war.  
 This is a story about a junior developer with a 50/50 chance of developing a mine with the potential to become a player in a prolific area. Or, they will be taken out. The former is good for investors.
The other 50% likleyhood is a profitable for others. Either way, it's been VERY expensive.jmho
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