ASHTON MINING OF CANADA (ACA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GuitarMan who wrote (2757)	11/3/1997 12:05:00 AM
From: Blue	Read Replies (1) of 7966

Mark, it's all in the mineral chemistry. MPV's proven pipe has been valued by de Beers at $1.0 billion +. They have 3 other diamondiferous pipes in the early stages of sampling and minibulks over the winter. If and when Ashton's pipes are proven to be of high grade based on a per carat valuation, then it's blastoff, until that time it remains an extremely speculative stock and rather high priced to boot. It's a matter of opinion but certainly with the number of pipes and targets they have, and the mere fact that they are diamondiferous, Ashton has a chance at something big, which is more than you can say for most of these plays. On the other hand MPV is an out-and-out certainty as far as I'm concerned and new discoveries could really blow the lid off. I mentioned this on this thread several months ago to much derision and all de Beers has done since then is find 3 diamondiferous pipes on the MPV property, with one of the core samples coming up with a 1.54 carat gem. The beauty of this is that management matters only to a certain extent. Ultimately the rocks either do or do not cooperate!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next