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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 ernesto47on Jan 23, 2024 12:02pm
160 Views
Post# 35841009

RE:RE:RE:Share buyback

RE:RE:RE:Share buybackNot only that...Mr.DARK gives Sprott for his USD 30mio. the deal to
pay for that about 65000 ounces  gold till 2026, means 130 mio.USD
at present gold level! The gimmick, if gold would drop to 1250, what could be possible, he still earns 50 mio.! And do not forget, this trouble
started with the negligence of the old contract we had with Sir Sprott!
And you might still remember our mine should now produce since
more then a year, with the South Americans come into play, we had to wait an additional year and we should no producing already, but will we ever see an output this year?I actually would love to check the money flow on all those cost overruns we suffered through all those years.......pfui!!!! We traded at two bucks when DARK showed up, in between a lift to 80c after all that polishing talk and now staggering around again on 45 cents....how great & lovely for us stupid investors!
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