ASHTON MINING OF CANADA (ACA) Message Board

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

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To: violetta martinez who wrote (7324)	4/29/1999 9:27:00 PM
From: Famularo	Read Replies (2) of 7966

Violetta, I like your comments re the "soldiers in Alberta". On a diiferent note, it is no surprise that Ashton will need financing. With my many years of experience, this process will see a steady price appreciation of Ashton. Lets be wise, Ashton needs good info for anyone to inject money into the play. Good Info brings stock appreciation. If Ashton does not give the market better and more information on their ADP program, no one in the right state of mind would financially support a private placement. Lets play with a conservative example, assume Ashton supplies the market with continued positive data flow leading us to Nov 99 and assuming the stock is trading at $2.00 or so. The placement may come in at $1.75 with a share and possibly a warrant. The placer and company will do everything under their power to exercise at higher prices. regards Frank

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