Ascot Resources Ltd T.AOT

Spot Gold US$2420 ; Spot Silver US$29.60

[Whampoa]

Posting here just for reference.

Any word out of Zurich?

[Shadow10]

I was looking at Zurich and you can look at it for free after 10:00 am mountain time.

[Shadow10]

This is David Stewart at Zurich https://www.goldforumeurope.com/company-session/3196/

[Whampoa]

Outstanding presentation!

[Kruithof]

Is he trying to say we're gonna be bought out in 2 years at the latest at the end there?

[Shadow10]

I think that he is saying that staying with one asset has it's set backs . Maybe buy some propety that has good grades and too fare away ,but can't afford to build a mill and keeps our mill running longer? Maybe merge with who knows , Ccori Apu's with their mine in Peru ? I think with all the money we will make they will be able to drill a hell of a lot and their is a lot of gold on

[wildhorse65]

Ive been bugging them for two years for a new resource estimate. Its bothersome that they dont want to do that. I think it changes everything. There is a TON of gold here that weve already found, never mind what we havent. Those IR anomalies could be loaded. The price will definitely change if they report. So..?????

[Beerman]

I like that they focused on getting the mill built and can make gold now. Once that is running smoothly, it makes sense to do the next resource estimate. IMHO.

[Shadow10]

I forgot to mention that I have never heard Derek White mention the 12 to 24 months to make some type of deal. unless I missed it?

[Whampoa]

Thanks for the Gold Forum link. Next year's,  for delivery in 2025, GCM5  contract sold US$2,516.3 This is the kind of futures prices await Ascot.