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

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To: violetta martinez who wrote (1980)9/5/1997 10:01:00 AM
From: Jimsy   of 7966
 
Violetta - All looks well in the diamond camp, & yes the Everst Mines map printed out in colour is superb. Actually their whole web site is excellent (for others see everestmines.com). Also, I think Everest has a very good strategically located land package, scattered all around and carefully picked in the area of some good geology, not too many shares out and work on other things as well.
Haven't seen Craig Killough for a while, still out there Craig? Frank is still with us.

Yes, I am still here - got involved in work, that crabgrass in ones lawn of life, last June, then had to go to the cottage for 2 months, now back into all this. I got very busy setting up investment computers for people and mining companies.

Now on the diamond front, it appears that AML certainly want to maintain their 62%, and ACA has set it up so that if current shareholders don't exercize all of their rights, AML will take them up and increase their hold above 62%. I think this lends some credibility to this. In addition, the rights are trading up to $0.25!! If you need 4 rights to buy a share at $3 bucks, then it seems that the folks bidding up the rights are really willling to pay $4 bucks in total to get an ACA share, so the trading price of ACA shares should trend up to $4, or am I missing something.

With gold in the doldrums yet, looks like diamond interest is still quite good, and there si also action in the NWT.
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