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 (6495)	11/9/1998 11:41:00 AM
From: ddl	Read Replies (2) of 7966

I disagree RED... Ashton's Argyle mine is 2.81c/ton, BUT the value is only $8.00 / Carat as they are industrial stones.. Figure it out, ........ they got a mine operating on $22.48 PER TON VALUE......... Hello!!!!!!!! IF WE ONLY HAVE 40c/100t = .4c/ton at lets say the lowest possible value per carat of $60.00 / carat, that equals $24.00 / ton value...more than Argyle and Argyle IS a PROFITABLE MINE..... Now add in some fancy stones, and better than the lowest valuation in the world for gem quality stones, lotsa other kims in the neighbourhood and voila!!!!!!!! shaka da bag and whadaya get.... ACA=vrrrrroooooooooooooooommmmmmmmmmmmm lookout J.Glenn. jmo - denis

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