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

To: Famularo who wrote (2809)	11/11/1997 1:31:00 PM
From: Blue	Read Replies (2) \| Respond to of 7966

A comparison of grades: PIPE ct/100 tonne Camafuca, Angola 25 (est.) Mwadui, Tanzania 20 Orapa, Botswana 68 Jwaneng, Botswana 137 Venetia, ZA 128 Udachnya, Russia 112 14C (Buffalo Hills) 36 (est.) Yes, these are pretty good numbers. There MIGHT be a mine here. Looks like it's about 50/50. Those are a lot better odds than we were looking at before. Now it all rests on the size of the mineable area and the VALUATION of the stones. I still have concerns about the grade of these stones. That said it looks promising but it is still too early to get a handle on these numbers. Mines have been made out of this many stones, and then again, mines have not been feasible out of this many stones. So we wait for a per carat valuation. Good luck.