Ascot Resources Ltd T.AOT

Alternate Symbol(s): AOTVF

Metals & Mining Industrial Metals & Minerals

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

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Comment by Garry711on Nov 24, 2004 4:55pm

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Post# 8222947

RE: CDU and AOT- Vantrader

I appreciate your comments and fully agree with your statements, except I give a little extra to .40 due to owning the gravel pit.(close to .07 itself) My calculations run around .50 minimum and still this is concervative, using the 30% discount for holding companies. Having said this,I still can not figure out the reason for the low.30 range. I am still waiting to hear back from Ken Carter and will re-address this issue at that time. Thanks again for taking your time to answer. Garry711

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