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 (4433)	3/14/1998 8:03:00 AM
From: MUDMAN	Read Replies (1) of 7966

To Frank and All: Keep up the good work! I wish I could contribute more but the problem is the one commodity that no one can buy or create more of : time. Anyway, I just pulled up Michael Schaefer's March 15th newsletter and here are some exerpts on ACA: Re: the announced discovery of 4 additional kimberlite pipes, "Perhaps significantly, ACA's discoveries are moving closer to the Redwood/Montebello southeast block". He goes on to say that some of the newly discovered kimberlites are "quite large n size, with K-15 being 600 meters by 200 meters". He states that the continued discovery of kimberlites "only increases the odds that one or more of these pipes could be economic". He also goes on that "...it is rumored ACA may have as many as 100 kimberlites when it is all said and done. We still view the odds very favorably that one or more of the ACA pipes will give the market what it is looking for - a kimberlite of major economic significance". He views CN$4.00 as a proper entry point in here and he continues to "view ACA as a very good candidate for a major economic discovery, with considerable upside potential to its share price". There you guys have it. For those not familiar with this Mike Schaefer he is not a self-promoter like many of the other newsletter writers out there who constantly hit the mining show junkets. He is a neighbor of Warren Buffet and is not afraid to say when he makes a bad call. His track record has been excellent and it is the best written of all the natural resource newletters I have sampled. FYI their web site is PMC@globalgold.com. Keep up the good work all. Mudman P.S. Frank: did you get your Fagan report for March yet? I haven't gotten mine. Regards Mudman

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