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

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To: Famularo who wrote (6037)8/13/1998
From: Jesse  Read Replies (1) of 7966
 
>>Ashton will outsource the k14 material to a USA DMS plant used by Texas Star a few years ago<<
Interesting choice-- the plant is actually available is it?
This means no NWT processing then I guess.

>>I feel real good about Ashton improving on in handling its exploration strategy and information flow during the coming 12 months.<<
Hope you're right, Frank! We'll see about the information flow, but I do have great faith in Ashton and their competence & strategies, nonetheless. They haven't gotten this far in such a short time by chance. They are the experts.

Market expectations, evidenced by the selloff, have been unrealistic. This play is staying on earth (where Ashton Mining has always been anyway!), and as the market comes to grips with the steps necessary to complete the deal yet recognizes the outstanding progress thus far, the shareprice should fall back into line.

I am of the belief that (as are you, I think), Ashton expects K14 will be a mine. Indications to date are such, and leave us not forget the delightful bonus of an ever-accommodating Alberta environment, logistically fitting the bill for just such a venture.

But also there are many more targets to pursue, again as part of Ashton's long term strategy. As I keep iterating, Ashton is in this for the big picture. The battleship must seek and destroy. Decrease the odds as best one can.

Regards,
-j
:>
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