ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Buckey who wrote (7091)	1/15/1999 10:09:00 AM
From: Famularo	Read Replies (2) of 7966

Interesting enough the stock is not going down with the recent K11 results. It had been hinted to myself, this week that K11 results were not going to be impressive enough to excite the market, therefore, I refused to trade it. I expect it will test $1.00 range within the next week. At $1.00 or lower, the stock will be a good risk to speculate on any further exploration. Ashton will need financing this year and they will have a difficult time to raise unless they can convince the markets there is still economic potential in Alberta. All said, I am still long on Ashton but am monitoring a few others. Southernera and Aber are two that are doing so well for the offshore investment group which have made up for the current paper losses incurred with Ashton. On a personal account, in addition to these mentioned stocks, I would suggest investors watch Mountain Province NWT activities. As for the other ADP stocks, speculate with extreme cautious and pay attention to New Claymore. New Claymore maintains a light float and can offer investors good return if bought at current prices. Regards Fast Frank

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