Ascot Resources: Is The Premier Gold Project Dead?
Ascot Resources (TSX: AOT) appears to be facing some struggles.
The company this week was forced to delay the restart of its Premier Gold operation in British Columbia, after the company was hit with further development delays at two of their mines in the region.
What’s more, Ascot has said they need further funding to shore up working capital. Despite raising money in November. It’s not looking good here folks.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.