ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Famularo who wrote (4044)	2/26/1998 9:39:00 AM
From: Jackleg	Read Replies (1) of 7966

Will the 'fancy' be at the PDAC? My contact couldn't tell me. I'd like to see it. Just to add to my earlier comments on the low cost of mining: "...Hypothetically, from this very small bulk sample result [K14C mini bulk], if the stones averaged $100 / carat, the 0.18 c/t...might infer a $US18/tonne value. THE ISSUE OF PREFERRED ECONOMICS OF OPERATING IN ALBERTA WITH A POTENTIALLY VERY LARGE PIPE [300m x 200m, with an overburden depth of 7m], against mining smaller pipes with the challenging NWT logistics, <is to early to be> appropriate..." Canaccord Capital "Diamond Exploration Alberta - 1998" This is an informative report.

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