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

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To: violetta martinez who wrote (2785)11/7/1997 12:11:00 AM
From: ICE  Read Replies (3) of 7966
 
It is very possible that we will see a mine in operation in the BH at some time in the future. I however, am not placing my money on the area for the long term. I bought PUG at $0.23 before they drilled kimberlite in the area and sold at $0.40 before they announced any diamond results. I have no complaints with the gains and have no plans to buy any PUG or ACA in the future. I am placing my bets on MEO next and TYR and NCR after that. I plan to sell all of the stocks shortly after they drill into kimberlite. For the long term I am heavily into MPV who have 4 very diamondiferous kimberlites on the Slave Craton.

I am not saying that I do not think that there will ever be a mine in the area, just that I think that there is a greater chance that more kimberlites will be found in the area and that most of them will not have large quantities of diamonds.

Just my opinion! However, I tend to play stocks more on their geological merit then their hype, and hype ofen rules for the short term.

Best Wishes, ICE
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