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

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To: Jesse who wrote (6033)8/12/1998 12:56:00 PM
From: Famularo   of 7966
 
Interesting reading. I had read Vaughan, as we own Southernera. Good reading for all, I encourage all to read. The investment group has spent approx. $20,000 buying Ashton yesterday. I will get today's numbers tomorrow. I know they are doing some buying. It will a strong technical buy signal if Ashton trades above $1.25 today. There was a 100000+ short position on Ashton when the stock was trading above $3.00, if I had a short position, I would cover at these prices and make an attractive profit. If shorts start covering, it will push her up higher which is the reason the trader we are using to buy the Ashton stock is trying to stay away from buying at market. Jesse, I will fax you the requested report on Friday/Monday. Regards Frank..
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