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

To: DIAMOND JIM who wrote (3764)2/3/1998 7:12:00 PM
From: Famularo  Read Replies (1) | Respond to of 7966
 
Jim, next set of results should have the remaining results from K6. K6 was a low grade pipe. We may not see anything good from here. The key to the survival of this play is better or as good Micro/Macro count from K91 in comparison to K14 and the long awaited 1998 exploration plans. If 1000t bulk sampling is not part of 1998 exploration plans, I expect the stock to trade in the range of $4.00 - $5.00. However, if plans are to proceed to 1000t sampling, I see the stock moving up to higher prices.



To: DIAMOND JIM who wrote (3764)2/3/1998 9:37:00 PM
From: ddl  Read Replies (1) | Respond to of 7966
 
Hi Jim. Perhaps Ashton is still deciding which way to go with the winter programme, deciding on 1000 tonners or more drilling and where to go? Maybe they were as dissapointed as I on K14C and had bigger plans for it. Anyway you look at it, it's still a young play and 27% of them might still prove out. - denis


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