ASHTON MINING OF CANADA (ACA) Message Board

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

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To: ddl who wrote (5915)	8/5/1998 12:50:00 PM
From: Robert Dirks	Read Replies (2) of 7966

If I understand correctly, ACA will not have new meaningfull results for about 6 months. This takes us into early 1999. Most junior veterans understand that December is usually the low for juniors, tax loss selling etc. IMHO, we may not see the lowest of lows for ACA until then. In the meantime, consider that numerous juniors are trading BELOW their cash-in-the-bank positions. Some of these guys also have phenomenal properties waiting to be developed. Translation: this is not a friendly market to juniors. I would certainly keep an eye on ACA, but I won't be buying until the Dec/Jan timeframe. Can someone post the cash position of ACA, and their monthly burn rate? Regards

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