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

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To: Jesse who wrote (2935)11/25/1997 12:35:00 AM
From: Alfonso Agostino   of 7966
 
Hi Jesse one question I though feel that Ashton is very attractive as its dipping lower, i guess impaticent investors, i was wondering why they used the ratio Ashton/Pure Gold stake in the Alberta play to justify the share price. I believe that Ashton is much better positioned in Alberta then Pure Gold as well as financially. Pure Gold I believe will be bought out if the K14C results are great.

Thanks Jesse
p.s jesse or anybody, given the state of worldwide markets what do you think Ashton/Pure gold should be valued at. I give ACA at least $5-$6
PUG $1.50-$2. Noticed that ashton pulling back a bit might buy somemore!
Alfonso
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