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

To: JKNF who wrote (3075)	12/3/1997 10:50:00 AM
From: Bob Hack	Read Replies (3) \| Respond to of 7966

JKNF. Just in case someone out there starts following your "logic", I would suggest that you mark your previous post "Unbribled enthusiasm, for entertainment purposes only". I'm sure this is the way you meant it, after all this is why we have to drill and sample, we just don't know what is beyond the end of the drill bit. On another topic, it may be in ACA's principle shareholders interest to keep prices down. Why, because they raise additional financing by way of private placement with themselves. The lower the share price is when they do this, the more "percentage" equity they are getting in the company for a given dollar invested. No one would ever admit to this, I'm sure, but just plot the PP's on the chart and see where they land vis a vis the share price. I am wary of this practice whenever the principle shareholders control the company, as in Ashton's case. There is not much we as individual investors can do about this, just realize it and invest accordingly. Happy investing, Bob