For the few out there that have problem with my style of communicating, that is just too bad. I won't bother answering some of the comments some of you have made because we are all allowed to an opinion. However, I like to keep this thread clean and like others have said, stop the crying and do your own DD. If I confuse you, skip my posts. I have been on this thread for a long time and will still be here when a mine is confirmed. Therefore, get used to my style. For the few who have time, go back and read from my first post on this thread, I was and continue supporting the play so chill out.
Sal, go and see my brother in RDP, he'll make you an expresso so you can relax.
siliconinvestor.com.
For the folks who don't me, I will say it again, I don't give a damm crap if you think I am honest or not. I use this forum to communicate issues, some rumors, and giving my opinion to people who mostly ask what I think about the stock or the diamond play. You find me one person in the mining industry who are correct 100% with all their predictions and expectations on stocks and trends! I am not an insider and I do not get paid to promote or downplay stocks.
Let me clarify again, I have nine personal stock accounts. I have long position accounts on Ashton and I have other accounts which I trade Ashton, Pure Gold and others. My long account has reduced in value, like yours have. I should have sold all when it hit the heights of $8.00. The investment shell company which was created a month ago has two million dollars and we still have approx. 1.6 million left. One million is in treasury bills and the remaining is waiting to be spent. If it were only my decision, we would have bought Ashton a month ago. The investment account does currently own Southernera and WILL own Ashton. Timing is the key. Market conditions have been weak. It is not Famularo who is encouraging the mining index to drop. Therefore folks stop complaining and grow up. The group may start to buy today, next week or in the fall. I don't know for sure.
IMO, if you feel that you understand the risk and fundamentals with Ashton, take long term action. The company will do well. The play is not dead. It is my understanding that a low count of 35T of a minimum of 15carat/100t still justifies Ashton to proceed to 500T sampling. Why would they do that if they know more about this play then the average investor. A company like Ashton would not waste money on bulk sampling a pipe if they think the odds are against them. They are looking for a commercial mine. If you can't wait or can afford to take the risk, get out...... Plain and simple.
Remember that I don't need to report every trade I make but since some of you are confused with my day to day activities, I have personally bought Pure Gold today and have personally bought a little of Ashton. I may also buy more today/tomorrow of both Ashton and Pure Gold. Why I bought the stock is that it is too f..... cheap, technically it dropped too much in a short period of time. For a company that has the goods, and based on their parent's history of finding mines, this is a good risk to take in my opinion. Ashton to me continues to be in Alberta what Diamet is to NWT. Pure Gold does have a 15% interest and it is a good risk at current levels. This is based on my own DD.
Regards
Frank |
