ASHTON MINING OF CANADA (ACA) Message Board

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

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To: No BS here who wrote (5377)	6/17/1998 5:59:00 AM
From: Le profiteur	Read Replies (1) of 7966

One has to be very careful nowadays, seems to me the stocks run up for 1 1/2 to 2 1/2 days and the profit taking clicks in, i.e.;MGJ,AOT,WPS,LUCERO,ABACAN ETC. With ACA we are in a down trend with an end in the short term(With decent volume, $3.25 would confirm)...Believe you me there is a lot of T.A.'s out there, otherwise explain me what happened to Winspear in a fundamental way after the results they got??? Or PUG with their new mine and subsequent discoveries. The market behaves in mysterious ways and to take a profit on the uptrend takes discipline( I've been laugh at for apparently selling too soon, but often came back in with twice as many shares). I am not an expert on diamonds exploration but I know we have moved from the cycle of speculation on ACA to the "boring" cycle of mapping and defining the areas where the next mine will be. Therefore do not expect Ashton to go up on the discovery of a kimberlites or good count on macros as if it was an upcoming Junior, I hold Ashton long and therefore I do not trade it anymore...it is; buy on dips and hold this company as far as I'm concerned...I have time on my side and I don't do margins.

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