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

To: violetta martinez who wrote (3219)	12/17/1997 11:21:00 AM
From: Famularo	Respond to of 7966

Violetta/Jim,, from the few people I spoke, nothing more than just a few people taking positions on Primero, re announcing a possible drill program in January/Feb. IMO, nothing wrong with acquiring positions with the other players in Alberta, but unless Ashton/Pure Gold increase their market cap value, any rally from other players in Alberta may be short lived, unless within the next few months, they quickly move from finding a kimberlite, identifying if it is diamondifirous, sample results, bulk sampling, etc.. Lots of work ahead for these juniors in comparison to Ashton/Pure Gold. IMHO, be cautious, other juniors are cheap as of today but don't get caught buying those juniors at higher prices unless they have at least found a few diamondifirous pipes. A rule of thumb, give each play a market cap. value and then decide if you should be paying such a premium on the company. I chart all the diamond stocks and have for a year. I held back with the other Alberta diamond exploration companies until they can get their act together. With the amalgamtion, Pure Gold is selling below market cap. val in comparison to other Alberta juniors and is a better buy. Next to Pure Gold and Ashton, the stocks I like, in the following order are New Claymore, Montello, Troymin.