15:40:41 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Ascot Resources Ltd
Symbol AOT
Shares Issued 113,283,123
Close 2016-06-24 C$ 1.15
Market Cap C$ 130,275,591
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Taylor says buy Ascot Resources

2016-06-24 21:10 ET - In the News

Jay Taylor, in the June 15, 2016, edition of Gold, Energy & Tech Stocks, says buy Ascot Resources Ltd., recently $1.10. He said buy on Sept. 16, 2014, at $2.05. A $1,000 investment then is now worth $535. Mr. Taylor is kicking himself for recommending Ascot when he did, as the stock was just hitting its peak at the time and has now fallen by roughly half. This new recommendation will be as good as the prior recommendation was bad, he says. He points out that gold prices are rising and that Ascot will have plenty of drill results in the coming weeks from its high-grade Premier gold mine in British Columbia. The company recently started its 2016 drill program at Premier and expects the program to culminate in a maiden National Instrument 43-101 resource estimate. Besides Premier, Ascot owns a second flagship gold project in B.C., called Dilworth, and it owns an aggregate property elsewhere in B.C. and a copper property in Washington State. Mr. Taylor predicts that once the market starts to pay attention to Ascot, the stock "could rise dramatically in very short order."

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