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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)
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To: Famularo who wrote (6676)11/16/1998 5:53:00 PM
From: The Osprey  Read Replies (1) of 7966
 
Ashton Mining of Canada Inc -

Kaiser says finally, some good news from Alberta

Ashton Mining of Canada Inc
ACA
Shares issued 29,169,790
1998-11-13 close $1.99
Monday Nov 16 1998
John Kaiser, writing in a Nov. 12, 1998 Kaiser Express, says the Alberta diamond
play will soon return to its status as a topic of speculative interest. Mr. Kaiser says
flagship ADP companies as Ashton Mining of Canada ($2.24 at the time of writing),
Montello Resources Ltd. (43 cents), and New Claymore Resources Ltd. (78 cents),
have seen accumulation activity in the past few days. The California-based letter
writer says the upcoming K-14 bulk sample will be key to trends in the short term.
Even if grade and values of the parcel fails to clearly indicate an economic potential
for K-14 itself, Mr. Kaiser says the existence of large, high-quality stones "would be
proof that the Buffalo Head terrane is underlain by a fertile diamond stability field."
Mr. Kaiser expects the 450-ton bulk sample now being processed will yield between
100 and 200 carats. That is based on previous results from K-14a, which yielded 31
carats per ton. Mr. Kaiser also notes Ashton has more than doubled from its low of
95 cents reached on Aug. 10 and 11.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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