ASHTON MINING OF CANADA (ACA) Message Board

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

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To: ddl who wrote (1805)	7/3/1997 11:04:00 PM
From: Famularo	of 7966

Thanks Denis! Just luck, I guess!!.) Oh Yeah, here is something interesting, pure speculation !!!!!! Financing will have to be done sometimes within the near future to allow Ashton to implement existing and future project plans. One of the problems that institutions may have is the rapid/frequent roller coaster ride of this stock. It is very difficult to place a price on a stock when it moves like Ashton does. My guess, which is not a fact, is that Ashton may have considered financing at $3.00 but with its current closing price, it may take a while before they agree to a financing. You may find that "if" a broker is currently in negotiation with Ashton, it would make sense that the broker wants to pay as cheap as possible and will discourage the stock to be bullish by selling it short until an agreement is reached by both parties. If Ashton is not currently in discussion re financing, then it may ride to higher prices at a quicker pace as there will be less resistant pressure. Just my two cents worth. Enjoy and for our Ashton believers, lets hope the stock does not move up to quicky.

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