Ed - some of us are old timers on Ashton. Here's something from May.
***Fundamentals do we have fundamentals!!!!......
Although I didn't get to the annual ACA mtg in Vancouver, this is what comes to mind
-easy access to properties, as opposed to helicopter to NWT
- work on ground year round, except perhaps in April/May to protect roads
- good climate, not quite as cold as NWT
- no polar bears
- helicopter support not quite as essential as in NWT
- drive to many drill sites
- targets easily identified above backgraound
- good infrastructures nearby
- good score so far on kimberlites/target 100% so far
- good score so far on diamonds per kimberlite, 100% also on first 3 pipes
- no of macros in ballpark with other
- no of micros in ballpark with other
- good size of pipes
- well formed pipes
- do not appear to be eroded away and scattered all over the continent
- gem quality, don't know
- lots of targets
- lots of land
- well funded
- not too many shares out
- good senior partners AML AEC
- experienced management, all partners
- own labs, 1 in Vancouver, 1 in Australia
- shouldn't be any land claim problems
- good mining law setup
- other projects in NWT
- good position for future financing, actually either major could finance
- good share distribution
- a parent company already has control so can't be a hostile takeover
- not much share float
- trustworthy
We didn't do a bad job back there, and Ashton is still working hard to find a diamond mine, along with many others now.
The above is all still very valid, perhaps even more so today. |
