Ascot Resources Ltd T.AOT

Thales and Metalhead

[pfaffgau]

We will see if these guys are right.  AOT has great management and a very bad market.  The sooner to cash flow the better.  IMHO

[TrueGold]

They are not right. They most likely have an axe to grind with AOT. Who doesn't. I for one am disappointed with the last 8 months. We have 50+ million shares to chew through that were bought at cheaper prices. In the end it will be good. Probably sell for $1.25\share to a major. Maybe more.

[mercedesman]

Truegold True, we are all a bit disappointed, but much worse things could have transpired after a tough 9 months for PoG (and gold equities in need of more $). Alot of the 50 M traded will have been previous owners averaging down (including myself) - including insiders. I agree a take out over $ 1 is a distinct possibility. Lassonde curve tailwinds will help !  Couple that with PoG

[mercedesman]

Looks like a few people that were short forgot to cover over the fall period. Down to 54k short vs > 3 M in spring/summer. Direction is higher now that much uncertaintly has been removed...(and fast if PoG continues the directional move started last month) MM