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

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To: Famularo who wrote (5819)7/28/1998 2:03:00 PM
From: Jesse  Read Replies (1) of 7966
 
<<I find it interesting that Ashton has said in one of the previous releases that K91 initial counts are 'THE BEST THEY HAVE SEEN TO DATE'. I can't understand why a conservative company would make such a public official remark. Based on this statement most people would expect 40tcounts to turn out better than K14.>>

I completely agree. This is very strong coming from this conservative group. I'm sure it wasn't said lightly. -- And given that, if the K-91 mini. results disappoint, and remembering that that expectation "bar" has been raised substantially in these negative markets, short term buying will continue to be non-extant. The key issue will be how Ashton treats the results. If they choose to go to bulk sampling on K-91, how the market sees it is irrelevant in the long term.

<<I would enjoy seeing Ashton principals, for a change hyping their stock, telling investors that the stock is a good buy.>>

Amen!!

<<Another scenario, if this play is indeed attractive to Ashton Austraila I would think that Ashton Australia would consider buying cheap stock and increase their position from 62% to whatever.>>

Good point. We just may see that!

PUG too is SO low. Evidence of the times for resource stocks.
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We now have Monopros (De Beers), and Kennecott (Rio Tinto) making sure they can be part of this genuine find! -- good news!

But how will this affect (further) Ashton's forthcoming-ness?...

Regards,
-j
:>
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