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

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To: DIAMOND JIM who wrote (3777)2/6/1998 11:06:00 PM
From: John Fairchild  Read Replies (3) of 7966
 
Sideways this week in ADP but the market it poised and pumped. The activity in SVB surprised the hell out of me. I thought for sure those companies would stay as dormant as the drills . WTC on steady climb to $10. KRY hitting all time highs as the dice continue to roll. PFG busted out on a silver rally. PAS making big gains on moderate volume on no news in the Greenland play where very few are watching. Yorkton moving into Alberta. Eyes on Montello while memories of Hinton haunt those that stayed for plan B (will they release immediately if they hit or will they wait, but why would they - and the paranoia sets in). Troymin apparently sitting back on 100% ownership of bordering properties until the picture unfolds. NCS JVing everything they can. Why they don't do a stock spit to provide bottom feeder pricing is beyond me. EVR and BKV positioned with both property and lots of paper flying so its difficult to get a handle on dilution and cash. SND being watched as how many shares come on the market to repay GMD loans - Farrell sure did strengthen the management here - good call Mr Kaiser.
LOTS of juniors moved into the area - great spec.
CUV with a piece of VBS and a piece of Honduras - the MSR hopeful.
TUO & MVE now looking to join WTC in rich Mexico.
VUL - oil, metals or diamonds take your pick.
CG - late comer loaded with cash and picking up a couple JV's.
MMU - been here as long as Ashton and have found diamonds but can't find a drill.
VIP - the stockhouse promo - lets compare.

Ashton with big parental influence. Moving like lighting last year. Reporting kim hits faster than news could be released. Now what?
We all sit waiting for those results which will make us rich. We all sit waiting for some indication of what their plans are for this year. The stage has been set with a full deck of juniors and a couple of big trump cards ready to be layed down so let the game begin.

Sorry for the rambling. Hope I did not offend anyone with my coarse overview. But in case I didn't how about some shots at those gallant hunters in the NWT - or should I call them the energizers. You know the rabbits that keep going and going and going with the same tune. Trying to find those little pipe dreams or dikes or window sills. Of course they know that their pipes are the best in the world and no way are there any diamonds in Aberta. Can't happen the roots system is all wrong. How can you have a mine if there is Lake to drain?

John
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