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

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To: Jesse who wrote (6902)11/24/1998 2:26:00 PM
From: Mr. Oil  Read Replies (2) of 7966
 
I agree with your outlook Jesse.

The down turn today is likely temporary. Tomorrow is another day. If we understand that the ADP is a developing play we should not loose heart now but take this opportunity to by low and sell high. I have bought into the long term prospects of a diamond mine in Alberta. I am not selling now but buying. Highest pessimism is opportunity for best value.

The long term potential of this play has only changed slightly. We don't see K 14 as having much hope. So on with the other pipes. There are quite a few yet to test and likely quite a few not yet discovered. Maybe something will come from ACA, maybe from MMU or perhaps MEO or TYR. Who knows. Interesting to note there has been no weakness in MMU today in spite of the other ADP members taking a hit. Must be viewed as a different segment of the play. I like that.

Keeps hope alive. Where there is hope there is a will. Where there is a will there is..."a relative". ggg

Ray
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