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

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To: JP who wrote (4552)3/23/1998 3:04:00 PM
From: Famularo  Read Replies (1) of 7966
 
>>> Ashton is just trying to keep the price up during this 'no real news' period by keeping a steady stream of anouncements. Don't get me wrong -this is good news- but I think it is just to keep our money on the hook in a fickle mining market <<<

Not sure about that. If you knew their management style, you may have a different opinion. Ashton is not your typical exploration company looking for promotion. Not sure if you were following this thread last year when the stock moved to $8.05 in May, Ashton was not so happy and if you look at the history of the past year, I don't think management sold their options in last year's bullish rally. I agree the mining market needs soem excitement. Other junior's need to find pipes. I expect that some of these nine new pipes will have good micro/macro counts. Hopefully, we'll know as early as three weeks.

Regards
Frank
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