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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: Famularo who wrote (5)7/9/2002 4:21:13 PM
From: Famularo  Respond to of 16207
 
Canaccord Morning Coffee

Ashton Mining of Canada (ACA : TSX : $2.70)
Net Change: 0.30, % Change: 12.50%, Volume: 141,500

A breakout – nope, not quite! In order for this diamond explorer to
register a technical breakout, our charts suggest that the $3.10 level
has to be surpassed, as this level has been the ceiling on this
diamond explorer since early February. Ashton’s next big news event
could be the mini-bulk sample results from Artemisia in the Coronation
Diamond District, due by the end of July. With the $1.40 warrants
having just been exercised, Ashton has about $16.5M or $0.30/share in
working capital by our latest estimates. Exploration is focused in the
Coronation and Otish camps in Nunavut and Quebec, respectively.



To: Famularo who wrote (5)7/9/2002 4:22:20 PM
From: Famularo  Read Replies (1) | Respond to of 16207
 
Canaccord Morning coffee-Suf
Southernera Resources (SUF : TSX : $6.17)
Net Change: 0.18, % Change: 3.01%, Volume: 68,500

SouthernEra said the first drill hole into kimberlite in the Northwest
Territories generated diamond counts comparable to the nearby Ekati
Mine. SouthernEra has a 60 percent interest in the site. Its partners,
Mill City International (MIY) and Tanqueray Resources (TQY), also rose.