It all started on July 17th, 1998. If you guys recall, there was a selloff at 3:30pm on Ashton and Pure Gold. Like Denis said, the market does not lie. I had heard rumors for the past few weeks re low counts but obviously, I did not want to post for lacj\k of being incorrect. What happened to the lid that Ashton supposedly were doing a great job with K91. I had heard various counts from not just one source but over a dozen different sources. All the counts were
low. Therefore, leaks continue to exist and Ashton once again fails to do a good job. These counts were available a few weeks ago and even though I can't confirm, there are insiders who have profited from this. My beef is that Ashton should have reported it at the time. I was trying a different strategy this time where I did not post
the rumors as I was hoping my sources were wrong as I was building respect for Ashton. John Kaiser almost convinced mw that Ashton is doing a great job this time with the K91 results. This is rubbish. Next time, I'll post rumors the moment I hear them. As well, I am concerned that Ashton had made statements to shareholders that the
K91 micro/macro counts were the best seen to date in Buffalo Hills. Most shareholders would take that as real positive when comparing to K14 and make financial decisions based on Ashton's reporting. Why would Ashton mislead shareholders? This is the question I urge every shareholder to pose Ashton.
Ashton has lost over 50% since July 17th since the rumor hit the streets that K91 would have counts lower than K14.
On a positive side, I also heard from many sources that Ashton will or have already extracted samples from K11. K11 may be what brings Ashton out of its grave. At this point, you need to ask itself, at these prices, how much lower will she go before it becomes a steal. I have started to buy at this price for my personal account. As well, I just called two of the group of folks who are all partners in the investment group and have asked them to call a meeting so we can pass a motion to start buying at these depressed prices. What a joke! Ashton at $1.50. IMO, at these prices, K91 results have mostly been discounted in the market. The next cycle is K11, 450t sampling on K14 and new pipes, K5 and K6. Market Cap on Ashton is approx. 30mil dollars. Kind of low. What a yuk day for Ashton followers.
regards
Frank |
