ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Rocket Red who wrote (6344)	10/16/1998 9:17:00 AM
From: Famularo	Read Replies (1) of 7966

>>>with .75 to 1 carat per ton for the market to get excited today. So K11 and k14 will have to be very good.<<< This note is not for Red but for all lurkers! If this is what people are expecting, they better start selling their shares really fast.. I'll be be waiting... No way, if this is what the market is expecting, then they have no clue re feasibility of a producing mine. Alberta is not NWT, Ashton is not Diamet. This is probably a good time for all to sell their stock if anybody expects counts that high. If we get 1 carat per ton on K14, this will probably be the best profitable pipe in the WORLD. Start Up costs at Buffalo Hills are marginal compared to NWT. I know this is not your expectation(I hope) and just what you think the markets would like to hear. You know what I would like to hear .20 carat per ton based on what I heard is feasible to generate a feasibilty study on K14. Of course we need good quality stones and good size distribution. Anything over .20 is considered a bonus to the profit margin. regards Frank

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