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Bullboard - Stock Discussion Forum 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... see more

TSX:AOT - Post Discussion

Ascot Resources Ltd > SPECULATE
View:
Post by TrueGold on Apr 01, 2021 1:46pm

SPECULATE

Lets just say they have to hold this stock for 4 months. Well guess what? In 4 months if we are trading at $1.00 then we will have to fight through millions of shares because just like all other financings sold to greedy brokerage houses they will be happy with a 15% -20% profit.

Also they will probably take the other 10 million shares before the end of this month.

Then taking into account that they never get anything done in time we might be producing by October 2022. Then how does that work over the winter months. Does anyone know about that.
Comment by Thales42 on Apr 01, 2021 2:24pm
66 million plus additional 15% shares will be traded ... just in time for the next  round of share dilution in H2.  We are talking about low life mining executives who do not give a rat's  rear about company shareholders. I mean aside from all the perks they get (and never invest in Aot) I probably own more shares in Aot than any of the managers/ directors 
Comment by TrueGold on Apr 01, 2021 2:34pm
You better watch it now Thales42. You will be attacked by all the 'PRAISE TO AOT" people that think they have done a wonderful job. Could I have done better  - NO! but I have zero experience in mining. However there must be others that could have guided this ship a heck of a lot better. You are so correct about these insiders. Never have put out any of their own money. Just keep ...more  
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