SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Chorney who wrote (3001)11/30/1997 1:04:00 AM
From: Famularo  Read Replies (1) of 7966
 
Picked this up from the Aber thread.

Yorkton Buy report on Diamond Stocks:

The Seasonality Factor by John Hainey

1. In the past we have documented the consistent share price correlation of diamond
cos with the drilling season in NWT, which occurs btwn Jan and May. Prices of the
cos have consistently risen during this period each yr since 93 generally related to the
flow of news and anticipation of results.

2. We have monitored a group of 6 prominent players over the 4 winter seasons from
93 to 96. As a group, assuming equal weights, they gave the following returns in the
dec1 to april 15 period.
1993 +97%
1994 +33%
1995 +213%
1996 +82%
Avg Return +106%

3. The pattern was broadly repeated in 97:
DiaMEt +19%
Aber +51%
S.Era +23%
mt Prov + 26%
Lytton +18%
Winspear +62%
Average +33%

4. All of these cos will be very active in the coming season and we believe the pattern
will continue. The pattern also applies to several of the other exploration co which will
be active this winter. These include Ashton, Pure Gold, Gerle, Montello, New
Claymore, Kalahare.

5. We recommend investors position themselves now with a basket of stocks to
spread the risk. Experience has shown that the shares can fluctuate considerably during
the winter drilling season and trading profits should be taken when available.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News