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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (653)	1/29/2002 8:52:50 AM
From: Letmebe Frank	Respond to of 930

Bill, Vaughn, Frank, etc. etc., I thought I would post some comments jspec made at stockhouse. Though I don't "know" jspec well, he has the respect of WillP, among others, and is a straight shooter with years of experience. Author: jspec -- Date:2002-01-29 02:54:46 Subject: Clarification and the 3 plays of ACA Clarification on ABZ and WSP. It should have been stated that the REMAINING ABZ was sold to buy Winspear. I did indeed sell about a half of the ABZ when it was well up on the initial run to over $20. Back to ACA and Will's question. The present way overvalued share price of Ashton could be hazardous to one's wealth,if purchased at the heights of this run-up. What would it take to avoid this financial bust. 1. Artemisia would have to have increased values in larger samples than the intriguing values encountered to date. 2. Likewise for Alberta and K252 and/or other kimberlites on the properties. 3. The Otish Mountain claims with SOQUEM turn out to be economic,if points 1 and 2 fail to occur. Admittedly their property is the best situated of all the Otish Mt. holdings. However,as we well know, there is a huge gap between promise and economic reality. 4. A combination of any of these possibilities. This,considering the low odds for success in mining ventures, is a poor placement of risk capital; especially considering that SUF had a market cap about a half of that of ACA at the time WillP pointed out this imbalance. In the short period since his analysis SUF has soared over $4 on a probable run over $20 in the not too distant future. That is my assessment of ACA. It could be a winner and then it could bomb as has many another market darling. Since I own PUG from way back on the strand of time, I hope points 1 and 2 materialize. And,of course,if not I do hope ACA has success up the mountain way,even though I own no Ashton shares. jspec wwwa.stockwatch.com

To: VAUGHN who wrote (653)	1/29/2002 1:32:35 PM
From: Martin Wormser	Read Replies (1) \| Respond to of 930

Agreed. This reminds me of 1993-98 when the hype was on Winslow Gold, Montello, etc. I got sucked in to the hype and lost a lot. Still have Montello, unfortunately. martin