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

To: Blue who wrote (3469)	1/16/1998 9:15:00 AM
From: Jimsy	Respond to of 7966

Hi John - Polar bears eat my lunch. I was just reviewing what we put together regarding Ashton back in May, and you know it bascially all still holds. The point here is that this hunt for diamonds is a serious well-funded program that didn't go poof overnight. There are now many other companies involved, and although there is no certainty that a commercial mine will be found, there without any doubt has been found a whole new area prospective for diamonds, the extent of which, if I understood the talk at the Toronto Geological Discussion Group correctly last Tuesday, could include a major part of Alberta. In any of these exploration companies, it is wise to keep track of what and what does apply. I reposted our May mini due diligence, because most of it still applies. But all investment decisions should have their supporting due diligence, charting analysis, evaluation of market capitalization vs findings to date, risk considerations, etc, etc. We are approaching or into an important field work time period now with the ground frozen and no restrictions on access, so information from field activites together with airborne results can now be correlated and we should learn a lot about the Alberta diamond hunt in the next few months.