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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 molly4on Jan 15, 2025 12:54pm
163 Views
Post# 36405278

RE:RE:Don't like THIS AT ALL!

RE:RE:Don't like THIS AT ALL!I understand the skepticism because god it has been a bad year for Ascot.  Shadow, not sure why as shareholders we wouldnt want to have an agenda to make some money after all these years.  Brucejack has similar geology and these guys from Pretium certainly figured that out.  I view this as nothing but positive.  We did achieve one thing starting up the mill last spring to last fall.  We worked out a lot of the mill start up kinks which will bode very well once the miining plan finally comes to fruition.and we start the mill up again.  There has never been a question of gold, only it in tthe screw ups with the mine plan.  I am very optimistic these guys from Pretium will get us to the finish line.  Good strong production with these gold prices can clean up a balance sheet in a hurry.  Ascot is such now that nothing will happen share price wise until mamagement shows us they can deliver the mine plan, and if they do...!!!  Time will tell  
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