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


To: Michael Markham who wrote (3046)12/2/1997 10:31:00 AM
From: Famularo  Respond to of 7966
 
Michael, I agree, the market and specifically a few speculators are selfish. People want a mine with little exploration but want to pay $5.00 when a confirmation is given re a mine. That will not happen, just simple math. Market capitalization increase as we move towards success. In 1992 when Diamet would release info such as K91 results, the markets would delay trading due to a flood of buy orders. Go figure. I think Ashton is reacting slowly, which, in a sense is probalby better. People will buy and sell if they make a dime on the stock cause they are nervous to lose their money and that is understandable. Ashton will eventually have an economic mine in Canada, and Alberta looks better than NWT at this point.