ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Famularo who wrote (6129)	8/28/1998 3:22:00 AM
From: Ned Land	Read Replies (1) of 7966

Frankie! Its going to take a lot more than positive-thinking to get ACA outta the abyss. The thing that made the stock soar in the early days were rumors of intrigue and the belief that they were on the cusp of striking the motherload. The stock's dismal performance IMO is simply a reflection of the fact that these beliefs were misguided, and that what we see here is really all there is too see -- a promising exploration effort with some promising pipes and certainly more to be discovered. Nickel: 11 year low Copper: 11 year low Gold: 18 year low Diamond market is weak With fundamentals like these and international markets in turmoil, I don't understand what would prompt someone to step up and buy now. So, we drill more targets and get additional pipes. So we bulk sample k14, K11. More pipes doesn't a mine make; nor do grades without valuations attached. My point: the work that is rumoured to be in the offing can only confirm what we already know; it cannot tell us what we need to know to attach a greater value to the company.

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