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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

Post by Mustlovedogs01on May 13, 2024 9:23am
188 Views
Post# 36036535

Resistance level

Resistance levelWell, the damage has been done, down from a price of .91 or so.  Nothing says the bottom dropping out like first pour??!!  Time has created, some significant resistance building and needs to be overcome sooner ratther than later in my opinion.  Management has lost the support of the market, Lassond Curve or not, AOT has been abandoned...accidentally on purpose?  Nothing says something like doubling down on Derek on the Board?  Just my views. 
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