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: Jesse who wrote (3747)	2/1/1998 11:49:00 PM
From: gordon m.	Respond to of 7966

Hi Jesse, From ACA's THIRD QUARTERLY REPORT for the nine months ended Sept.30/97 as reported to SEDAR : ...... in part <<< Results of further core drilling on and around K-14 indicate that the feature may comprise an extensive thick apron of kimberlite surrounding a central zone open to depth, with the entire complex measuring about 400 metres in diameter. By this interpretation the kimberlites designated K-14B and K-14C may be part of the larger complex rather than separate bodies. If adequate value should prove to be present, such an extensive, near-surface zone could be readily and efficiently mined in a large open pit. >>> The last sentence in particular, from the paragraph above, from the President's Message, in part, sounds to be a very optimistically forward-looking statement, IMHO. ...... anyone else have an opinion here ? ! At the last Vancouver Mining Conference, in the evening presentation by diamond companies; Mr Austin made a detailed slide presentation of the K14 complex with a similar explanation as the report above. He did stress that there is still not enough data to determine the economics of their Alberta project. I'm looking forward to their next news release ! Cheers, Gord.