Ascot Resources Ltd T.AOT

New Press Release - Ascot Reports First Quarter 2023 Results and Provides Construction Update on the Premier Gold Project

VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the Company’s unaudited financial results for the three months ended March 31, 2023 (“Q1 2023”), and also to provide a construction update...read article.

[wildhorse65]

Very nice for Coro Apu! The dilution continues to benefit the takeover. All of the money will be spent to further develop what they will eventually own. Therefore, they didn't do anything except invest in their own mine, charge the shareholders plus interest and control the progress and process.   How about an updated amd current 43-101 so that everyone knows exactly what Ascot has.

[buygoldbug]

Dilution does not benefit a takeover. Your understanding of math is terrible. A lower market cap however does benefit a take over. The market cap is basically the same as it was before the private placement so no benefit there. If you don't understand these basic concepts you probably should not be investing. 

[wildhorse65]

Thanks for that. It's not my understanding of mathematics or valuation of the company by comparison that would be in question here. Rather, a basic understanding of the retail market and what shareholders should be kept abreast of, and what other retail investors like to see. An updated and current 43-101 would change the metrics of this play profoundly. Therefore, I don't care what the

[buygoldbug]

It's all about mathematics! It's a numbers game, just like an updated  43-101

[wildhorse65]

YIKES!  Well that's not good. I thought that a 43-101 was a measured, factual documentation. But, I also thought that this had become a manipulated game of three card monty. But, you are the "buygoldbug" so I'll leave it there. I agree that numbers don't lie, and you have to agree that the numbers here are very directionally consistent, I'll say that. V V V v v v....

[wildhorse65]

Heckuva day so far though.................;)

[wildhorse65]

Waddya figure there trading guru? Are we going under .60 ? It's all about market cap right? Isn't the share price determined by the market cap divided by number of shares? I might have this all wrong. I'll probably quit investing after this. My mathematics are so poor it's dreadful.