SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jesse who wrote (3563)1/20/1998 8:31:00 AM
From: Famularo  Read Replies (2) of 7966
 
Globe says shares slide after release of results

Ashton Mining of Canada Inc ACA
Shares issued 20,836,399 Jan 19 close $5.60
Tue 20 Jan 98 In the News
Also Pure Gold Minerals Inc (PUG)
The Globe and Mail reports in its Tuesday, January 20, edition that shares
of Ashton Mining of Canada and Pure Gold Minerals fell yesterday following
the release of more results of mini-bulk sampling from their Buffalo Hills
project in Alberta. The Globe's Scott Adams writes that the stocks are
known to be volatile around the time when sampling results are released.
Wendel Zerb, an analyst with Pacific International Securities, called the
latest results "very interesting but not fabulous." He said the stock often
trades up on rumours and drops when news is released. Ashton Canada fell
$0.75 to $5.55 on the TSE yesterday, while Pure Gold lost $0.14 to close at
$1.25. The companies are in the midst of early mini-bulk testing at Buffalo
Hills and are now deciding where to do second stage mini bulk sampling,
said John Auston, Ashton Canada president and CEO. This second stage
mini-bulk sampling will continue through the rest of the year, he said.

Jesse, there is a hint of additional bulk sampling. May be the 1000+ ton sampling we have been talking about.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News