AOTVF - Ascot Resources: A Gold Mine Developer With A Very Attractive Valuation
The current stock and gold market volatility has a very negative impact on the share prices of companies in the mining industry. Steep share price declines experienced also companies with very good development projects. One of them is Ascot Resources (AOTVF).
Ascot is developing two high-grade gold projects (Premier Gold and Red Mountain) in a safe jurisdiction of British Columbia, Canada. Both projects are close to each other, they have good infrastructure and as they are brownfield projects, some facilities are already built, they need only some repairs and refurbishment. The CAPEX should