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

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To: DIAMOND JIM who wrote (3769)2/4/1998 8:56:00 AM
From: Famularo  Read Replies (1) of 7966
 
>>> At this point Ashton IS THE BUFFALO HILLS PLAY. No one is anywhere close <<< Yes, I agree 100% but you are paying a premium on Ashton for their excellent progress to date. Investors tend to forget that Ashton has been doing this type of exploration for many, many years more than any other companies in Alberta. Experienced! People can see that now after others are having problems drilling. Until kimberlites come out from other companies, Ashton will still be the MAIN focus in Alberta. Montello, New Claymore and Troymin will eventually find kimberlites, but then they need to prove that they are indeed diamondifirous. It is a long play and Ashton is approx. 12-14 months ahead in the exploration program. On a different note, other juniors are learning from the trouble that Montello is having. Other juniors may realize that it may not be a bad idea in reducing their ownership to receive more expertise from companies like Ashton. I think this may happen as we move forward..
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