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Bullboard - Stock Discussion Forum Ascot Resources Ltd AOTVF


Primary Symbol: T.AOT

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... see more

TSX:AOT - Post Discussion

Ascot Resources Ltd > NOT FOR MONTHS
View:
Post by TrueGold on Feb 21, 2023 10:27pm

NOT FOR MONTHS

I don't see AOT hitting the $1 area for at least 5 months. Why would it? Production is at least 11 months away and it will take at least another year from there to hit full production.
The stock will be held down by BIG MONEY in order to load up along the way as cheap as possible.
Seeing what happened to gold price the last few weeks getting knocked down around $140\ounce I now have less hope for $2,000\ounce this year.
Comment by Shadow10 on Mar 03, 2023 10:51pm
I think by mid may we will be over a $1 , may even be 1.25 . then on to $1.60 before Q4
Comment by buygoldbug on Mar 05, 2023 3:06am
I fully agree 
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