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 (6338)	10/15/1998 7:41:00 PM
From: JKNF	Read Replies (1) of 7966

Hi Frank With PUG trading at $0.24 Canadian, the entire company can be bought for $7-$7.5 million, or share swap for ACA shares perhaps based at 1 ACA for 4 PUG, what a great opportunity for ACA to increase their position from 49% to 65% for peanuts (Buffalo Hills Area), while scooping the PUG Cayo 49% owned lands and increasing their position there from 25% to 75%. On a basis of 1 ACA for 4 PUG that would only increase the amount of PUG shares by 8 million, no big deal, also thereby giving them the largest piece of the action which I'm sure that they are interested in getting! Just wondering Regards John

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