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 (1982)	9/5/1997 11:13:00 AM
From: Jimsy	of 7966

Denis - think the logical explanation for now is that AML are willing to pick up all of the rights as per ACA news release. Thus there may be a bit of AML picking up all they can get their hands on. So, 4 times $0.25 rights to buy a share at $3 puts this at paying $4 per share in my books, as compared to buying at the market of $3.77. might all be a good indication of better brighter things ahead, with results of bulk sampling and summer drilling yet to come. Now if AML increased their share to 70%, then good results come out and stock goes like Southernera up up up, then AML could be in a position to sell off a little and get some of their money back.

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