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AOTVF - Ascot Resources: A Look At The Valuation After The Advance
Ascot Resources Ltd
Ascot Resources is one of the worst-performing gold juniors year-to-date, down 11% for the year despite solid progress at its Premier Gold Project.
Assuming construction is on time and budget and the company receives all its permits, Ascot will make the leap from developer to producer by Christmas of 2022.
Given Ascot’s robust economics and proximity to producer status, I see the stock as a solid buy-the-dip candidate below $0.85.