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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)
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To: JKNF who wrote (6810)11/21/1998 12:13:00 PM
From: Sudhir Khanna  Read Replies (3) of 7966
 
John,

<<YOU SNOOZE, YOU LOSE!!!!>>

I think you may have misinterpreted my comments. Frank asked me if I would recommend the stock on good news. I own most of my shares near $1. The shares have gone from under $1 in August to approximately $2.80 this week. I am not sure where I snoozed. I am not in the habit of recommending people buy a stock after I own it at a triple. It is also not my style to average up all the way until I decide to sell. I balance my greed with risk. I expect the stock to go higher but to new buyers it represents taking a higher level of risk.

He that comes first to the hill, may sit where he will. We simply have different styles of speculating. I like to buy low and take profits as the stock moves up. Others like to see momentum, buy high and sell higher. I hope in this case, we all come out ahead.

<<NOTHING VENTURED, NOTHING GAINED!!!>> How would one have gained by speculating in Ashton near $8? In this case, nothing ventured, nothing lost. Although it may not apply in the case of Ashton at the moment, my view and philosophy is that sometimes the best course of action is inaction. Speculating due to a FEAR in missing out is not my style. The buyer needs many eyes, the seller but one.

Sincerely,
Sudhir Khanna, P.Eng.
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