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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)
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To: ddl who wrote (4300)3/8/1998 5:44:00 PM
From: Blue  Read Replies (1) of 7966
 
It might be 10%; but the big fear would be finding yourself in a cluster with very low counts or no diamonds at all. Since we already know there are diamonds here that is one hurdle crossed.

I'll reiterate my earlier position that there is a 50-50 chance of being economical here, though insiders probably know more due to indicator chemistry & such.

I think that is about right, the market value of ACA is appropriate to these odds, though perhaps a little undervalued. As more info is available it is likely to correct upwards in a big hurry...and as I say if you get three proven (and reasonably large) pipes after bulk sampling we're looking at a 10 bagger. I like those odds.
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