ASHTON MINING OF CANADA (ACA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jesse who wrote (6902)	11/24/1998 12:53:00 PM
From: FRANK KENDRICK	Read Replies (1) of 7966

Hi Jesse and Gang, The cutoff of 1.2mm was noted but also the quote: "...The effective grade of 11.78 carats per 100 tonnes is considered disappointing, and indicates that kimberlite K-14 would be unlikely to support an economically viable mining operation." I think we can kiss another promising pipe goodbye. There are plenty of new pipes out there but I don't feel we will get the reaction we got when ACA announced good counts. People, I feel, don't really believe the low costs for production in comparison to the NWT. They will continue to want to see NWT-type counts. Remember gang that a completely different diamondiferous field has been discovered in Alberta (re:MEO). ACA is/will be drilling targets on that same fault. The play isn't dead...what you have is a wounded tiger with a lot of fight left!!! It has been tough!!!! See ya'll in the Bahamas yet!!!! Frank K

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next