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

To: violetta martinez who wrote (3334)	1/5/1998 1:16:00 PM
From: Famularo	Read Replies (1) \| Respond to of 7966

>>>> Things are picking up but I noticed a recent decline in the strong opening. Do you have any idea why? <<<< Last two weeks, many profesional traders/shorters were on holidays, after the big gains experienced in the mining sector last week, shorters may be filling in the bids but watching closely. I wouldn't worry about it. Undervalued stocks will rebound. TSE is up 40plus points. If shorters feel the squeeze, they'll start covering their mining portfolios. Banks are stron today. Good sign for overall market. With the Alberta current exploration status, all focus will remain on Ashton and Pure Gold. Both these two stocks are selling at a discount based on the potential of their exploration. If bulk sampling is approved, Ashton/Pug should have a higher market cap., if no major bulk sampling is approved, I would expect the Alberta play to quiet down until another bigger/better pipe is interesected. What do I think. BUY!, These two will be trading at much higher prices by next Dec/98.