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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: Famularo who wrote (7745)10/4/2001 11:06:10 AM
From: jpthoma1  Read Replies (2) | Respond to of 7966
 
You are right Frank, but just before Kaiser's September 27 recommendation, this stock was heading towards $0.50, in spite of very good projects results. Kaiser is probably the cause of the recent «spike» in the price of the stock. It's not the last PR.

I am pretty sure the lack of interest is related to the fact that ACA is a subsidiary of Ashton Mining Limited of Australia, a member company of the Rio Tinto group.

Do you think that if ACA discovers something «big», Rio Tinto would let the stock price skyrocket? I am afraid that they will immediately make an offer to buy all outstanding shares at a «cheap price».

Just a thought!

JP