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

To: maintenance who wrote (2978)	11/28/1997 11:01:00 AM
From: Famularo	Respond to of 7966

Maintenance, next week is early December. past release indicated early Dec. As well, it has been rumoured for weeks that a release was around the corner. Your bullish attitude is great. I am also bullish on Ashton and Pure Gold. Other alberta diamond stocks will also start doing well if they can at least announce they have found ONE kimberlite.

To: maintenance who wrote (2978)	11/28/1997 11:05:00 AM
From: Jimsy	Read Replies (1) \| Respond to of 7966

Maintenance - would appreciate looking at the basis for your prediction of $18 for Ashton.

To: maintenance who wrote (2978)	11/28/1997 11:42:00 AM
From: Famularo	Read Replies (2) \| Respond to of 7966

Posted some info for interested newcomers. - easy access to properties, as opposed to helicopter to NWT - work on ground year round - good climate, not quite as cold as NWT - helicopter support not quite as essential as in NWT - drive to many drill sites - targets easily identified - good infrastructures nearby - good score so far on kimberlites - good score so far on diamonds per kimberlite, - no of macros in ballpark with other producing mines - no of micros in ballpark with other producing mines - good size of pipes - well formed pipes - do not appear to be eroded away and scattered all over the continent - gem quality, don't know (some colored stones found) - lots of targets - enormous amount of land to explore 30 million plus acres - well funded for the present - not too many shares out, float is light - good senior partners AML AEC - experienced management, all partners - own labs, 1 in Vancouver, 1 in Australia (maybe one more?) - shouldn't be any land claim problems - good mining law setup - good position for future financing, actually either major could finance - good share distribution - a parent company already has control so can't be a hostile takeover I would expect the company to be considering a financing if they proceed to 1000+ ton sampling and on.