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

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To: Chas. who wrote (2850)11/12/1997 6:00:00 PM
From: Jeremy_R   of 7966
 
Hi All.

I'm not trying to be a pessimist or to downplay the significance of the last results, as I am in this for the long haul.

I would like to bring to everyone's attention, however, that the state of the markets in the past have NOT dictated the movement of ACA/PUG when news has been released.

Basically, my point is that I believe these stocks will not jump until AT LEAST the next set of results from K14C. Even at that point, most analysts will probably still perceive the figures from mini-bulk as a "good sign" but not significant enough. IMO, based on the market's reaction to this news, we need some larger sample results to really get these stocks moving.

I may eat my own words in a few weeks when the K14C results come out, and I hope I do!

Just my 2 cents worth,
Jeremy

Good Luck to All.
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