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


To: Famularo who wrote (2873)11/17/1997 5:52:00 PM
From: Alfonso Agostino  Read Replies (2) | Respond to of 7966
 
hello again frank, thanks for the speedy reply! I feel that when comparing ashton to diamet the market is a factor regardless of what people might say. Diamet never had a BREX scam which i believe made many investors wary about jumping to spec stocks. I agree asthon is still a bargain at these levels and have bought in. I guess the fact that investors seem so much more educated that its going to take a mine in order to move significently. We need to see some institutional buy though. Good luck



To: Famularo who wrote (2873)11/17/1997 6:18:00 PM
From: Jesse  Respond to of 7966
 
Hiya Frank! Thanx for your words, as always. -I believe we are expecting some minibulk results (K14B ?), possibly even this week. Results should hopefully be in line with what we've seen (tho any good surprises would be bonus). These are tough markets for explor.juniors, but ACA has been holding up nicely, and I think that if we see confirmatory results, it should at least keep her propped (although really it should send her up since each one is a step towards a mine!). Poorer showings may cause some weakness, but I wouldn't think drastic, given the already proven potential here (be aware that tax-loss selling season is upon us).

Regarding Montello, they are due to drill their first target (SE of ACA's drilling) in a couple weeks, being the first next company to drill in the BH craton for diamonds. It seems like this time the schedule's a go for MEO. I don't believe there is a whole lot of doubt that they will strike kimberlite, given the target anomaly's congruence to Ashton's (imHo). Whether it's diamondiferous is the next question. -Their drilling should stir things up in the area. Further, Hinton Alberta has also now gotten active again for TYR, MEO & NCS... (since they've just now acquired geophysical data from a private oil co. & begun exploration -- NCS the operator there).

The new year should bring in much more activity. While we're still a long way from a mine, I think more and more we are realizing Ashton's real progress to the more positive side of the odds.

Regards,
-J
:>



To: Famularo who wrote (2873)11/18/1997 9:00:00 PM
From: JKNF  Read Replies (2) | Respond to of 7966
 
Hi Frank

I couldn't agree with you more!!! Ashton's share price does seem low, especially with all of the good results to date. Look at PUG it's previous high was $0.58, when ACA was at $8.00, now its only $0.29 when ACA is at $5.60, it also looks like a steal at these levels. On the other hand with the PUG it could have something to do with the reverse split, which no one can really find out if and when it will occur. My broker has tried to find out when the consolidation is to take place and can find no infoprmation anywhere.

Looks like ACA will be giving us an early Christmas present.

Regards John