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


To: Jesse who wrote (3049)12/2/1997 12:06:00 PM
From: Famularo  Read Replies (4) | Respond to of 7966
 
To All. I got an email from a gentleman who thinks very highly on Ashton/Pure G0ld. With his permission, I am enclosing his email to me.
*** Here it is ***

I've been reading SI for a little while but do not have an account as
of yet. I own shares in both PUG and ABZ and have a keen interest in
Canadian Diamond plays. I have worked right on the ACA-PUG site about
15 years ago when I was surveying Oil and gas sites for Phillips
petroleum. I knew I was probably close when I looked at the PUG maps
but when I found out the latitude and longitude of the pipes and
checked back to my notes it was damn close! I can tell you that the
terrain consists mainly of thick tree covered rolling hills cut with
hundreds of seismic lines running every direction. The winters I
spent in there were COLD with snow up to my chest in places however,
I understand it is very mild this winter with no freeze up. When the
ground does freeze it is very easy to access the area by simply
having a D7 CAT scrape one of the many seismic lines clear. I was
able to drive my half ton pick-up right to sites where I worked, you
would never be able to do that in Lac De Gras! The exploration and
production costs for ACA-PUG would only be a fraction of those
experienced by Aber and Diamet. I can also tell you that these
companies (ACA et al) can drive the kimberlite by truck to any one of
several communities such as Slave Lake or Peace River, certainly no
need for air strips and year round remote camps which drive up costs.
Summer access by heavy trucks and equipment into Buffalo Hills will
be much tougher and expensive for any future operation and may not be
as feasable.

I am very bullish on ACA - PUG and think it is a long term play. I am
also very bullish on ABZ especially on it's recent slide and is a
real BARGAIN!

Glenn Vivian B.Sc.
J.D. Barnes Limited

I think it is a good informative note. Glenn, if you're reading this, hurry up and get your account setup. I see you have in-depth technical information we can use on this thread. Once again, thank you.