Post by
Goldengobbler on Feb 06, 2021 3:42pm
Winter blues for scottie
We know scotties story by now, I'll focus on what I'm waiting for. 1.rest of drilling results for 2020 (40 percent to come yet) 2. Scottie shopping for a partner (Bring in a major player) 3.the size of the 2021 drilling program. (There going to drill more then 7000 metres) 4. More development of infrastructure from companies in the neighborhood of scottie. (Ascot resources in particular.) Winter sucks for junior mining stocks. Down across the board. Spring/summer arriving soon.
Comment by
pilk111 on Feb 07, 2021 7:00pm
good post goldengobbler. Also they still have over 3 million $ cash
Comment by
Goldengobbler on Feb 09, 2021 8:03pm
Fair point, I read somewhere drilling cost are close to 200 per metre. So 3 million would get 15000m of drilling this summer. I'm also hoping they cash in on some warrents to pad cash on hands.
Comment by
hillbillydrill on Feb 10, 2021 12:05pm
I believe more holes to come from the Blueberry...Best for last. Brad is the largest shareholder, Eric Sprott is the second. Over 20 M shares traded in January. Sprott has invested $130 M. in Ascot's new mill 15 km down the road. Ascot owes Mr.Sprott 450,000 oz's. This property will be aquired in my opinion.