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


To: JKNF who wrote (2835)11/12/1997 2:40:00 AM
From: Blue  Read Replies (1) | Respond to of 7966
 
JKNF: MPV has not only a good grade but a very nice $55 per carat or $82.50 per tonne valuation for its 5034 pipe.

The pipe is of an economic grade and estimated to be worth in excess of $1.0 billion, but more pipes are needed to make the project feasible. Three additional pipes have encouraging results and will be subject to mini-bulk samples in the winter. The 5034 will also be mini-bulk sampled...the current valuation estimate is based on a relatively small parcel. The info is all available in the company's press releases.