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 > Share buyback

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Comment by TrueGoldon Jan 24, 2024 4:59pm

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Post# 35843872

RE:RE:RE:RE:RE:RE:RE:Share buyback

Hey Shadow10: I must say you are a good dreamer. Nothing wrong with that. With this stock that was supposed to be producing 2 years ago nothing will surprise me on the negative side going forward. There are dreams and then there is reality. I did not bother to check exactly what the total of the Outstanding and Fully Diluted Share Balance is however I would guess over 650MM shares.
If gold stays between $2,000 and $2,100 for the next 21\2 years we won't even reach $2\Share. A 10-1 Rollback would allow a lot of more buying from around the world. Full production will take at least 20 months to achieve. I hope you live to 95. Might take that long!!!!

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