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

To: JP who wrote (3846)	2/10/1998 12:32:00 AM
From: Jesse	Read Replies (1) \| Respond to of 7966

Hi JP--glad to have you aboard! ALL: Canaccord Report-- "Diamond Exploration Alberta - 1998" just released. - - - The anticipated Canaccord report on the Alberta diamond play has just come out. It is described as a comprehensive 31 page report, containing a good technical summary of the regional geology, with lots of information on the ACA property. It is entitled, Diamond Exploration Alberta - 1998, authored by David James (who terms the play 'speculative'). Recommendations for core players are ACA and PUG, and others are: NCS-vse, MEO-ase, and MMU-ase. I haven't myself yet read the report in its entirety, but I'm told that it really is a recommended read. Here is an exact excerpt from the recommendation part: (minus bolding, stock codes and stock prices) "... speculative activity is most likely to occur when a drill program is imminent or in progress, and we have tried to highlight drill projects within the company profiles [contained within the report]. "Specifically, the core players, Ashton Mining of Canada and Pure gold Minerals are considered SPECULATIVE BUYS. Other somewhat prominent names in the area play that might be considered include: New Claymore Resources, Montello Resources and Marum Resources and partners" _ _ _ _ _ _ _ There ya go, mateys! Cheers, -j :> PS-- The report includes a nice picture of one of the Marum/ CaribGold circular lakes which overlie an anomaly (one of the images shown, if you'll remember, at the Toronto Geological Discussion group's presentation by Mike Dufresne, which is also posted for viewing at Marum's website: marumresources.com ). I'm told some copies of the report are available if you email your mailing address to mark@canuck.com ; they don't have many themselves, but could have one sent to you.

To: JP who wrote (3846)	2/10/1998 1:43:00 PM
From: ddl	Respond to of 7966

Hi JP... I agree with this one... "I think the technical news of this release is great. Unfortunately, the market is into 'instant gratification' these days." ASA's short term drop was probably due to short specers dumping right now as they feel no news for the next few months will drop it more. All the're doing is getting us there now as I feel ASA has hit bottom. They may all be in for a surprise also as I believe ASA holds the record for fastest announcement on hitting kimberlite holes and they now have lots of new targets to drill. That should be followed with the K14 bulk sample confirming >27 C/tonne (wish - wish). :-) - denis