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

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To: JKNF who wrote (2239)9/17/1997 7:47:00 AM
From: Famularo   of 7966
 
Good debate back and forth. Just so I can participate in these discussions. What everyone has forgot to mention is these couple of things.

1. Technical attention. Stocks go up and down just because it is 'technically' popular. This definetely helps a stock. ACA is a well known stock and many analysts know it. In addition to Kaiser, Chaters, watch for other people like Bishop and others recommending Ashton within the next couple of weeks. As well, houses have started and will continue to write a research paper on Alberta diamond exploration. Who will they write about the most? Yes, of course, Ashton.
Pure economics supply/demand.

2. ACA's float, as anyone used this in the equation. If my math is correct, there is 20,836,399 shares. AML, Ashton of Australia own 62% of Ashton Canada(probably increase it with the new financing)), therefore the float is so little compare to other stocks. This is a plus.
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