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

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To: Famularo who wrote (1937)8/13/1997 4:42:00 PM
From: david f. dempster   of 7966
 
I agree with Frank. If you look back in June 5-10 I posted a couple of notes comparing Diamet to Ashton. In both cases Ashton is well ahead of Diamet and therefore under valued. Look what is currently happening
to Southernera (tse:suf) it has gone from 6.70 to 12.50 with the bulk
samples that show an output of less than 1 carat/ tonne of kiberlite.
Ashton will be right behind them when they produce carat size stones.
The problem will occur when after the announcement people try and jump-in. The price will go up from 6 to 10 dollars after the announcement. The other big factor, the big guys from Europe will move in once carat size stones are found. This will drive the price sky high.
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