Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Famularo who wrote (3453)	1/15/1998 3:19:00 PM
From: Jimsy	Respond to of 7966

Frank - a swim at the Olympian pool is bit warmer. I think we are going to see growing momentum in this Alberta hunt but with its ups and downs as can be expected in the early days of any program. The talk at the Toronto Geological Discusion group gave the impression that we are very early days in all of this, but in spite of that, there are so many good indications of prospects. Just the fact that Ashton has 13 of 17 pipes that are diamondiferous is quite a remarkable find in a very short period of time. If you will notice, there are a lot of companies flying their properties now. Even though there are some getting ready to drill, I would think in a general sense that we are going to hear a lot about geophysics results also in the next few months. Ashton and PUG seem to have moved up to a new trading level, possibly because the overall programs and interest to get into full gear as the ground is frozen now to permit access to drilling, augering, and other ground followup work. Drilling is pretty expensive, so any ground work that indicates that the target is kimberlite is pretty important to save money to drill the really promising targets.