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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

Post by Mustlovedogs01on Aug 04, 2022 11:50am
381 Views
Post# 34871236

Shouldn't be long...

Shouldn't be long....75 cent buyout, and in the hands of new management.  The good news is, shareholders of this nightmare will get the benifit of the project with a suitor who can afford to put the asset into production. If it doesn't happen before tax loss selling...ouch!!  MOST are underwater and the headwind during tax loss selling could see AOT in the teens?  I will be dumping mine if there is no hope or significant price rise.  Just my views and how I see it playing out, or , hope it plays out.  glta jmo
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