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

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To: Famularo who wrote (4930)4/30/1998 6:09:00 PM
From: JP   of 7966
 
Hi Frank - Remember a while back I was adamant at saying that these finds were 'scout' drilling and they were looking for Kimberlite at the time -not diamonds. A few responses said that the sample would still be good for analysis. Well if Ashton was just drilling till they found the kimberlite it would explain why they had such a small sample to analyse. If I dug a 3 foot deep hole in the corner of a football field -I would not be very confident to say that there was nothing under the football field. If Ashton was serious about these pipes at this time they would not have even bothered to analyse such a piddly sample for diamonds. They should have simply sent out a core drill to take a good sample. I think that the news release was simply to keep the exchange happy since they said it was coming. Nothing has changed really - unless Ashton subscribes to my 10% rule for Montello and they wanted to get back in sync LOL. JP
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