ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Famularo who wrote (2999)	11/29/1997 10:28:00 PM
From: MUDMAN	Read Replies (2) of 7966

Frank: Thanks. So the market cap is ~ CN$135mm. A CN$20 price would imply a CN$520mm market cap assuming no further dilution. What kind of event gets us to where that price is justified? If you think I'm premature here remember Arequipa Resources. Was $2.50 the end of Dec '95 and got taken out at $29 in Aug '96. Does ACA really have this type upside? Mudman

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