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

To: Chas. who wrote (3068)	12/2/1997 5:35:00 PM
From: Chris A.	Read Replies (1) \| Respond to of 7966

To all, Here is a segment of E.Charters review of todays release... ================ "Probable actual grade would be at least 24 carats and this discounts large diamonds completely. When you take these into account the average kimberlite has at least 5 carats of large diamonds per hundred tons. So my guess is this grade will come to about 30 carats/Hundred tonnes and no less. The average South African economic diamond mine runs at 23 carats per 100 tons so this is good grade. " ================ He had additional comments and more detailed analysis explaining his numbers above. Hey, I can't give you everything! You'll just have to subscribe yourself. Also remember that M. Schaefer said the ACA is spending about $2 million/month on exploration and about 200 pipes have been discovered so far. Again, K14c is what the market is really waiting for. Today's release was just a bonus. Regards, Chris A.