Ascot Resources Ltd T.AOT

Ketchup

[wildhorse65]

Well, here's what I heard:

-I'm not going to speak to.......,"
-I can't speak for Coori Apu, but we hope they'll keep there percentage
-I can't guarantee any timelines,
-I don't know the cost
-It's over a kilometer of development at $7000 CAD ish per linear meter (barring any fugk ups) hard to imagine any of those with these guys........right?
-I'm not sure what financing will look like but I'm optimistic (because these people are pregnant)
-I can't speak to the current cash burn rate outside of what is reported
-I'm not sure who will come back to work because I don't know how long this will take
-It will likely be Q2......(or later?) before commerciality
-I can't speak to takeovers but I admit that we are vulnerable
 -We don't have any proof that the gold that we are chasing is there and if it is, we can't guarantee that it will be excellent or not

 BUT, we either have to rise to the occasion or we aren't the people for the job

 **All of the reasons for shutting down and chasing the deeper stopes were explained as the board decided that it was the best use of shareholder's money.

 Much ado about nothing, but there will be a repeat on Wed Sept 11 (911) at 3:00p.m.

 So, I'm stoked.........

 If someone heard something else of substance, please correct me. I'd LOVE that.

[Beerman]

Was there a call/presentation I missed?

[Shadow10]

Wildhorse, That was the best speech i have read from you in a long time that hasn't pulled apart Ascot. Are you okay?

[wildhorse65]

LOL! Shadow, you better read it again. I thought that the "ketchup" was a lot of non-answers. They don't even know if the gold that they are chasing in the deeper syopes is there , how much it is, what the grades are going to be like etc. And yet, they shut down everything except the tunneling toward that "unknown" resource at what Derek says is a cost of $7000 per meter

[Shadow10]

Wildhorse, Where am i supposed to look ? is there something after the market close's

[Shadow10]

Wild horse, is this a joke about listening in on a meeting?

[wildhorse65]

no it's not a joke. there was a "catch up" meeting a couple of days ago and then i think there was a repeat yesterday

[crazytimes]

wildhorse I also thought you were joking... Seems you are the only person anywhere that knows about this meeting? I can't find notice of any catch up meetings anywhere. No news release anywhere, nothing on their website, nothing on the internet anywhere.... Where did you find out about it? Where is it available? Would be very interesting in hearing it or seeing a transcript? Thanks in advance?

[LizardoKingo]

It was just for clients of Haywood....

[wildhorse65]

it was a nothing burger anyway. did anything new come out on 11th

[Kruithof]

So there going for something 49 million dollars away but they don't know if it's worth anything yet, haha, sounds like Ascot!