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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 > Looking like they are
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Post by mydogbone on Feb 16, 2022 1:59pm

Looking like they are

TAKING ADVANTAGE OF LOW INTEREST RATES BEFORE THEY CHANGE...Credit Lines for them look terrific and I think they could open up the mine itself and start processing...and not just the Premiere  deposits but others in the area (ie Dolly)...Roads and infrastructue are in place, and with the sale of Pretium Resources (Newcrest are not known to share facilities to process others) and this one company leads out the others to the open ocean RE- China...We could go go much higher than most would think this year...If the RIO TINTO merge with Newcrest is on the table again this year we also could have a bid on Ascot...The bigger picture is that RIO wants control of the triangle in B.C. I have owned TINTO for years, so, I have always watched them closely...I'm glad I kept my sharese when Eric through them into his trust., I knew they were gold..and $'d  down to >.85/shr. when they came available...Because spring thaw is coming, I would like to hear from anyone who has gone up and looked at the mine lately.  (Last look see from me was 10yrs.ago when they had put in more power lines to the Brucejack) I still what to add here, but. , I await bigger news from the gorillas in the triangle...Glad to hold my shares here.
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