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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla
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To: Famularo who wrote (304)1/5/1998 6:11:00 PM
From: Mr Metals  Read Replies (1) of 822
 
Hi Frank

Ashton Mining of Canada Inc -

Post says Buffalo Hills play closely watched

Ashton Mining of Canada Inc ACAShares issued 208363991998-01-02 close $5.9Monday Jan 5 1998Also Mount Hope Resources Corp (MH) Also Meteor Minerals Inc (MMI) Also New Claymore Resources Ltd (NCS) Also Lucero Resource Corp (LCR) Also Troymin Resources Ltd (TYR) Also Pure Gold Minerals Inc (PUG) The Financial Post reports in its Saturday edition that analysts and brokers, including Art Ettlinger of Yorkton Securities, are watching the 28 million acre swath of land in northern-central Alberta known as Buffalo Hills. Reporter Peter Kennedy says this is where companies led by Ashton Mining of Canada are looking for diamonds. Mr Ettlinger points out that Ashton is a very long way from concluding that kimberlites in the area contain enough diamonds to justify opening a mine, but if Ashton is successful, analysts say the market reaction is bound to affect companies with properties nearby. Companies being watched include Lucero Resources, Meteor Minerals, Mount Hope Resources, New Claymore Resources and Pure Gold Minerals. Analyst John Kaiser likes Troymin Resources, which has interests in 1.5 million acres near Ashton's ground. He says that if Troymin lucks into something big, the stock will rise 20 times in value. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals
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