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

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To: George S. Montgomery who wrote ()10/19/1997 10:42:00 PM
From: Chris A.   of 7966
 
To All,

Here are some tidbits from M. Schaefers Global Gold Stock Report sent via fax last Wednesday (10/15/97) ...

"If a discovery confirming economic potential is made by Ashton, you will see analysts and editors recommending this one at $15.00 on its way to $50.00. I much prefer to be ahead of the crowd rather than behind it."

and...

"Looking at what we know so far from Ashton, and discussing the situation with numerous diamond exploration experts, makes it appart that (1) Hundreds of kimberlites will be discovered by Ashton and the peripheral players in Alberta, (2) many of these kimberlites will be diamondiferous, (3) the odds that some of these diamondiferous kimberlites will be of economic signifigance are extremely high," etc., etc.

He goes on to add 3 more points and more info. M. Scheafer covers Ashton in most of his last 6 or 8 issues. It makes for very good reading. You can reach him via email at pmc701@aol.com

My bets are on Ashton and Winspear. Ashton has the pipes but needs the economics. WSP has the diamonds w/fancies but hasn't found the pipe yet. Both seem to have explosive potential.

Cheers,

Chris A.
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