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

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To: Jesse who wrote (3388)1/10/1998 3:51:00 PM
From: Famularo  Read Replies (2) of 7966
 
ALBERTA DIAMONDS FUTURE LOOKS BRIGHT, TIMING IS UNCERTAIN

are the Big Bold letters on Fagan's front page of his January edition. I know you can't wait to see it. Too much stuff to extract and post. Very bullish on the play. The Ashton results to date indicate that the Buffalo Hills area of Alberta is capable of producing commercial grade diamonds. The results from the balance of samples Ashton is processing are likely to do little more than reinforce that assumption. There is no proof that any of the stones recovered to date are of gem quality, and there is certainly no proof that they occur in quanities that would make them a commercial mine. That is not negative. We're simply very early in this play, and that's why there's still a chance to get in at REASONABLE prices. Get that guys!!!! Been saying this for a while. Whats my saying again. Oh Yeah! The higher the risk the higher the reward. However, it can work the other way. Will post more as I make sense of his 12 page report.
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