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

To: Just Wayne who wrote (2801)	11/11/1997 11:03:00 AM
From: Chris	Read Replies (1) \| Respond to of 7966

"The results are an encouraging indication that kimberlite K14 contains a population of diamonds of commercial size. Considerably larger samples are required to accurately determine the grade and quality of the diamonds and hence the commercial potential of the deposit." In the Spring, after finding diamonds in the core, Ashton said the area was "prospective for diamonds". The current release is stronger, that is, one more test has been passed and we are one step closer to a mine. There has been specualtion on this thread that once the prospect became firmer, larger "institutional" investors would enter the play in a bigger way. I am hopeful that will happen and will push Ashton to a new high. Very good action this morning, and that just from the people who have a News Release IV. As Frank said, I would expect more upward movement once news is more broadly disseminated. However, it may only last two or three days, not a week. The K14C results in May peaked after a few days. Comments? I'm a happy camper this morning.