Kaiser says Ashton still poised for significant find
Ashton Mining of Canada Inc ACA
Shares issued 29,249,415 Mar 6 close $0.90
Tue 7 Mar 2000 In the News
John Kaiser, writing in a Feb. 29 Bottom-Fish Tracker, says bottom fishers
who want to buy Ashton Mining should be prepared to wait for positive
results from the Star and Cross winter diamond exploration programs. Mr.
Kaiser tipped Ashton a buy in December, 1999, at 53 cents, in December,
1998, at $1.10, and in October, 1999, at 50 cents; earlier buy tips were
April, 1996, at $1.15, and December, 1996, at 96 cents. Ashton on Feb. 17
began its winter program in the Northwest Territories. More recently its
shares drifted lower on a lack of news from its Caribou Mountain project in
Alberta. On the Cross property, Ashton has traced an indicator mineral
train to a cluster of lakes, of which three have coincident airborne
geophysical anomalies and indicator mineral fans. On the nearby Star
property, Ashton plans to follow up an indicator mineral train that
emanates from the junction of three small lakes. Mr. Kaiser still likes
Ashton because it has the largest interest in the Northwest Territories
parcels, a significant focus in northern Alberta, and a continuing
reconnaissance program on the Superior craton in the middle of Quebec. |
