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

To: Jimsy who wrote (3404)	1/12/1998 1:58:00 PM
From: Famularo	Respond to of 7966

>>>> Frank - diamond stocks holding not too bad this morning in spite of the Asian situation. <<<< Yeah, at $5.50, IMO, Ashton's market cap is too low re their position in the project life cycle. >>>> Do you have any good contacts on gold and access to their thoughts on where POG could go? A bit of a runback in the POG would help the whole junior resource sector. <<<< Ha, LOL, I can't figure out the diamond market. Sometimes last summer, I posted my comments re gold, it wasn't good, I predicted a slow recovery in the gold market, starting sometimes in Quarter 2, overall, I don't see the mining gold index recovering all of 1997 losses this during 1998. IMO, the only stocks that will help the junior resource sectors are companies involved in nicket, copper, silver, diamonds. Just my 2 nickels worth.