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

To: Graham who wrote (3525)	1/19/1998 11:08:00 AM
From: Famularo	Respond to of 7966

Graham, good point, don't have the answer for that. Comments anyone else?

To: Graham who wrote (3525)	1/19/1998 11:19:00 AM
From: Just Wayne	Read Replies (2) \| Respond to of 7966

With respect to your second comment about including the larger stone in the average for K-14A: I think that it is only fair to average all the stones above cut-off in the report. Who's to say that this won't eventually represent the average diamond count and size in the deposit? As Ashton and everyone keeps saying, much larger samples are required and precisely for this reason that larger samples must be obtained. With the increased volumes of kimberlite, the standard deviation of the carat count/ton will approach the true value and thus determine feasibility. Likewise would it be realistic to ignore the big stone in the average? After all, it will be the occasional larger gem quality stones (which this one is unfortunately not) that go a long way in determining the economics. What do others feel? Wayne