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 (4881)	4/27/1998 10:44:00 PM
From: JP	Read Replies (2) of 7966

Gord - I agree with Franks logic but not his conclusion -when these stocks start to run based on a commercial find -Ashton will move upward like a bus. The mutual funds will move in and accelerate the rise but they will stop at the correct calculated value. PUG has a bit of a slippery slant to it - but they will settle at the correct percentage slice of the play ie 15/42.5 x Ashtons price. But since PUG is traded more than Ashton they will go rise up more like a sports car with poor brakes. The chance of PUG overshooting the mark is higher than ACA- and if you are nimble you can make a good buck on this. The downside is that you get the same performance as ACA. PUG has a lot of property that ACA is not involved in. ACA does not have adp property that PUG is not involved in. My guess is that PUG is the best deal -especially since it is undervalued now. The management of PUG means little since they are just out for the ride on the main properties at this time. This is just my opinion - your guess is as good as anyones. Good Luck. JP

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