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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 crazytimeson Oct 23, 2024 11:38am
124 Views
Post# 36278628

RE:Is This The Last Nail of the Plan

RE:Is This The Last Nail of the PlanFrozen... with your ridiculously negative and doomsday take it looks like you forgot to buy at .16! lol. Considering they got almost all the cash in equity, oversubscribed, and with no warrants attached and a hold on them, with only a small fraction in debt it looks like the big investors are very confident on it to succeed! With the current price of gold this company will be printing cash early next year. This company is worth multiples of it's current market cap just for the mill alone never mind the high grade resource. With current gold price the primary risk here now is being bought out too soon before she can show what she can do! Just my opinion. 
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