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Gold/Mining/Energy : Asquith ASQH up 29% today...
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To: wooden ships who wrote (35)12/8/1996 9:16:00 PM
From: Dylan Yolles   of 65
 
Truman,

Did you see Midland-Walwyn's research report on ASQH (issued on 11/13)? They gave the stock their highest rating and said that even with a conservative valuation (1.5 g/tonne AU in the first site, valuing gold there at ~$50/oz.), they expect at least 1mm ounces and a valuation of $5/share. The analyst has visited the site and feels that this is a minimum valuation - there could easily be 3mm ounces on the whole property.

I don't know why the stock has dipped.

Dylan

Dylan
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