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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)
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To: Jesse who wrote (5724)7/20/1998 1:03:00 PM
From: Pete Mimmack  Read Replies (1) of 7966
 
Jesse - Interesting news on Argyle. It was my understanding that 1) it is the world's largest producer of industrial diamonds, and 2) it was going to be wrapped up in a couple years. That would be good for all other (potential) mines as it would provide more of a market for the small stones. If Argyle is still going strong, that makes it tougher for other sources to make money. Of course, Ashton has some say in the Argyle story, but RTZ is a majority holder.

Pete
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