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: Martin Wormser who wrote (3179)	12/12/1997 6:26:00 PM
From: Blue	Read Replies (2) of 7966

Martin, I was looking into the Alberta Energy Corp for this reason. I don't feel comfortable enough to know what to do on that. All I know is that AEC-TSE (AOG on New York) has a low P/E and has been sliding...guess oil prices matter to people <g>. But I don't see the diamonds being factored into the price at all, and didn't they recently announce a huge increase in reserves (with no corresponding increase in stock price, actually a decline?)? biz.yahoo.com Wonder what gives...I suspect if earnings continue good, oil price goes up, AND Ashton play really starts to look good, this AEC could be the darling of 1998...but that's a lot of what if's. Interestingly as well I stumbled across this AEC Pipelines limited partnership. It has a 6% yield and looks very interesting, just a side note, wonder if anyone has any views on that. Since we all have limited funds to play these diamond stocks (at least I do) I have a devil of a time deciding whether to get exposure through PUG, AEC, or ACA. My worry is that AEC wouldn't be a pure enough play on this but perhaps it is actually the safest and best bet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next