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Bullboard - Stock Discussion Forum Ascendant Resources Inc ASDRF


Primary Symbol: T.ASND

Ascendant Resources Inc. is a Canada-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada volcanogenic massive sulphide (VMS) project located on the prolific Iberian Pyrite Belt (IPB) in Portugal. The Lagoa Salgada Project is located within the north-western section of the prolific Iberian Pyrite Belt in Portugal, approximately 80 kilometers... see more

TSX:ASND - Post Discussion

Ascendant Resources Inc > ASND: Construction decision is the second half of 2024
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Post by stockfy on Jul 12, 2024 6:02am

ASND: Construction decision is the second half of 2024

The resident clown and frequent poster of this board a.k.a. 101724 alias, noted a few days ago:

"Didn't this clown show say they would have a decision about going ahead or not with the mine in June? "

The answer is NO.

ASND has stated that:



"In 2024 we look to build off these achievements as we work to further optimize the FS work to enhance the project value, continue exploration work outside of the North and South Zones to enhance the resource potential, receive our construction permits, and finalize a low-cost ECA project financing package ahead of a construction decision at Lagoa Salgada in 2H 2024. "
Comment by 101724 on Jul 14, 2024 10:19am
Past presentations had a timeline of construction beginning 5 months ago with 1st production in 2H 2025. Go back and check. Then they they said a constuction decision would be made in June in time for the ASM. They never meet their timeline. I don't doubt what you posted. When they come out with a new "constuction decision" for 1H 2025, you'll be the clown. 
Comment by 101724 on Oct 15, 2024 5:37pm
Who is the clown now? Per their press release of today: Phase II is expected to be completed by late Q2 2025, and the results will be incorporated into an updated Feasibility Study. This updated study will provide the necessary data to inform a construction decision and further solidify the economic potential of the Lagoa Salgada project. Another extension for the clown show at Extension ...more  
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