ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Chris who wrote (1989)	9/7/1997 10:38:00 AM
From: Chris	of 7966

Hello folks. I should have thought more before posting - I'm new at this. Clearly, I can sell 8,000 rights at $.25 for $2,000 rather than buying shares at $3 to sell at $3.75 for $1,500 profit. I see the rights have gone as high as $.30. Still, anyone care to speculate on stock price after rights deadline? Dive, climb or not much effect? Dilution should depress prices, yet rights premiums suggest higher prices. Regardless of field results, how does one weigh the effect of this rights business?

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