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


To: Jesse who wrote (2883)11/17/1997 10:57:00 PM
From: Famularo  Read Replies (1) | Respond to of 7966
 
Jesse, David James is a well known mining analyst in Canada. He is employed by Canaccord. He knows lots about diamond exploration. In the past he has recommeded stocks like SUF, ABZ and DMM. Don't think he ever recommeded ACA, his comments were always that it ran to high back in May. Now, he likes it and if the remaining results are postive, he will probably recommend it as a buy. I will send you something by email.



To: Jesse who wrote (2883)11/18/1997 9:25:00 AM
From: Jadrew  Read Replies (1) | Respond to of 7966
 
Analyst's Opinion:

I wouldn't put too much faith in the opinions of the so-called analysts that you have mentioned. In general, they have the same access to information that you and I have (internet posted press releases etc). When something is "hot" its amazing how many new found cheerleaders you will find (as if they "discovered" this play first). Adding to their value are the infamous rumours like "Ashton Australian will be selling their share to European investors for $60 million or whatever" - which are totally unsubstantiated.

Bottom line is that there appears to be enough "talent" on this thread to "dissect" a press release without the assistance (interference) of these "gurus". It fairly easy to see that the mini-bulk of the k-14 holes appear to confirm the initial drilling grades (okay, but not great). Assuming (and this is a "BIG" assumption) that the K-14C mini-bulk reports similar grades to its initial drilling and _______ (fill in the blank).

If you are a "newletter" writer, you don't want to be left off the bandwagon. You might want to look back 1 year ago, to see how many of these experts were recommending Ashston at $1 when many of the current posters bought this stock.

Only time will tell...not Kaiser, Bishop etc.