ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Jesse who wrote (6033)	8/12/1998 2:28:00 PM
From: Famularo	of 7966

We are carefully monitoring the trading of ACA shares and noticed that more than our trades are accumulating Ashton shares. The bids are strong and a new support level will be made if Ashton bids get stronger above $1.05. It shouldn't be much longer before the supply at these levels runs out and investors will have to step in at higher prices. There are currently 26,500 shares bid between 1.05 and 1.13, and on the sell side there are only 23,600 shares for sale before $1.25 gets wiped out. If market orders move in and volume breaks 100,000, we may see it past $1.25 by 4.00pm. regards Frank

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