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

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To: Martin Wormser who wrote (7865)2/1/2002 8:41:59 PM
From: Letmebe Frank  Read Replies (1) of 7966
 
OT - Ashton Peers:
I will keep it brief, as we should be talking here: Subject 34592

I was referring to peers on the CANADIAN diamond exploration scene, specifically Twin Mining, and their Jackson Inlet property. There are many good reasons to own a part of TWG. But as I haven't got my fill, So I'm keeping the facts to myself :)

Essentially, they appear to have a coarse diamond distribution, macros, and high quality macros. tonnage, few barriers to development, infrastructure and a skilled (soon to be?)unemployed workforce nearby. Not to mention many pipes that wont be drilled till spring. The biggest risk is that they got lucky with early samples.

TWG has a 60 million Market cap, ACA 217 million. siliconinvestor.com This and more detail scream to me ACA is overvalued. But it's still early, and ACA may still one day justify the lofty market cap. That may take 2 years, and in the mean time it will probably lose half its value before it doubles. JMHO.

Tell me what you think of TWG vs ACA's chart: stockhouse.com

I'm thinking I should hold off posting this till Monday. I may have said too much!
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