frizzers Posted October 14, 2009 Report Share Posted October 14, 2009 Please discuss, post news, views etc on Ascot Mining ... Ascot are a tiny gold producer based in Costa Rica. They have various mines at various stages of development . The plan is to become a 100,000 ounce producer . They made their first gold pour at Chassoul just a few weeks ago . Many of you noticed the Financial Times article a few weeks ago that mentioned they are forward selling gold for delivery next year at a 20% discount to spot. This is to raise capital to get buy equipment etc to bring them into production. Link to article. Estimated cost per ounce around $400. Website - http://www.ascotmining.com/ Latest news - http://www.ascotmining.com/companynews.html Plus info - http://www.plusmarketsgroup.com/details.sh...99/GBX/PLUS-exn Canadian entrepreneur David Jackson at the helm. Website could be improved ; and a listing on an exchange that brings more liquidity to the stock would also benefit company . Anyone else own stock? Link to comment Share on other sites More sharing options...
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