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

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To: Famularo who wrote (3028)12/2/1997 2:57:00 AM
From: Al  Read Replies (1) of 7966
 
Ashton has maintained in the $5 level even though it didn't meet expectation in the previous news release. I was wondering why that is so.

The releases previously indicated a large amount of macros and broken stones, however the sampling results we got from the previous results didn't match with those.

Even when it got coverage from a major network, all that happened was a small spike (the volume was also less than what it used to trade at during those times).

Is ACA trading at these levels from a tradeoff from speculation and security? Was the trading in the $5 range previously weighted more on speculation and less on security, and now more on security (due to passing a stage in economic feasablity) and less on speculation (to a major mining operation from the really good results it got before) ?
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