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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: DIAMOND JIM who wrote (5179)5/24/1998 1:56:00 PM
From: Famularo   of 7966
 
DJ, two key Ashton principals were away from the office last week. A release to be ready for distribution Monday morning had to have been ready by Friday, discussed with Joint ventures, and fired through the newswire. I find it very difficult to beleive a nr to be released tomorrow morning, unless you had a dream something we don't. As well, I hope they know by now that they should stay away from releasing updates on a US Holiday. <g>
As for your comment re the stock dropping, if you check out the trades and volume on Friday, you will see that most of the selling came from Midland. IMO and from the little I know, Midland is not a brokerage closely tied in with this play...

Regards
Frank
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