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

To: Bob Fairchild who wrote (2791)	11/9/1997 11:56:00 PM
From: ICE	Read Replies (1) \| Respond to of 7966

Re MMU: I have watched MMU for some time and they seem to be able to find diamonds in many different types of rocks, but I don't believe that they have found a true kimberlite to date. They have been working the Clear Hills property for about three years now I think and have tried to flog it for Fe, Au/PGE and now diamonds. I think that you can see why I am a little skeptical about them. With regards to their airborne survey, the property is centered over an ironstone deposit which could produce many geophysical anomalies. However, I believe that the clear hills iron deposit is composed mainly of hematite which should not be magnetic. The property is also a fair distance from the main Buffalo Hill play and off of the Buffalo Head domain. I am going to keep my money away from MMU for now but I am sure that R. Boulay will do a fine job of hyping the stock before drilling and I know that Apex will do a good job on the ground. Good Luck! ICE