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

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To: Martin Wormser who wrote (7133)2/8/1999 5:19:00 PM
From: Famularo  Read Replies (1) of 7966
 
>>>Anybody know why ACA jumped .28 today? martin <<<
All I can think of is an initial reaction from a few on expectation of decent micro/macro results from the three new pipes. Lets remember that these pipes are close to the MEO properties. Although, Montello does not have favorable news, I think Ashton will have decent micro/macro counts which will make the stock active for the next few months. Today's rise on little volume is premature. Any leak of positive info would have bought in buyers in high numbers. I think we should have results prior to monthend, maybe as early as next Monday. Unless the count is extremely rich, expect the stock to come back down. Sell into the news.

Jesse, thks for keeping this thread busy with the occasional posts.) Here are a few of Famularo's recommendation.

Ashton is being held in the long account from both a corporate and personal position. No stock in trading account. Hold for long term potential, accumulate at prices under $1.00.

One stock which will continue to rebound is DMC. Own the stock in the trading account. Buy at $6.00 or lower.

Another stock that has potential of a new high this month is NNS. Being accumulated in the longterm account. Accumulate at prices under $1.15. Possible takeover candidate.

BII and BRA to both trade to double digits wihtin the next 60days.
Currently hold positions and trade it daily. Buy at any price, they are going much higher.

MPV is undervalued, currently being accumulated within the longterm account. Accumulate at prices below $2.25.

regards
Fast Frank
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