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

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To: Famularo who wrote (3232)12/18/1997 9:58:00 AM
From: HAZ   of 7966
 
Frank,

I would like to point out that Alberta Energy still owns 40% of this play and their stock has taken a bashing recently with the market meltdown for resource stocks.

Aston has held on nicely during the whole affair.

I bought Alberta Energy at $ 30 range because it is a large stable company and one of Canada's premier O&G companies but also because they own 40% of Buffalo Hills which I still believe will produce one or more diamond mines.

Alberta Energy also pays a dividend and owns a chunk of Syncrude Oil sands.

This is a great price to buy AEC at and still own part of Buffalo hills.

I believe that 1998 will be a great year for Buffalo Hills and all companies concerned.

Cheers and good investing
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