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


To: chummer who wrote (4003)2/23/1998 11:17:00 PM
From: Famularo  Read Replies (1) | Respond to of 7966
 
Would you believe I posted my first message on SI on Feb 5, 1997.
It was Post #110. Wow!

Message 770920.

>>>>> Frank, I expect you'll snag #5000 as well. <<<<<
Bill, it is time for someone else. ... <g>

Has for the cruise, I still feel strong about this play turning into a mine in the Year 2000.

a. 1998 excellent bulk sampling results, more diamondifirous pipes.
announcement of gem quality stones in late 1998, with good qty of color. Yellow for sure and maybe that pink stone we have been waiting for. I can see this all happen by end of 1998.
b. 5000t bulk sampling on K14 and 500t bulk sampling on K91, K6 and yes the NEW #kimberlite they will find K10 within the next few months. More pipes. Start of feasibility study on a commercial mine. This can be accomplished by the end of 1999.
c. Year 2000 will continue with the feasibility study. Plan gets go ahead. Ashton has a production mine by 2001.

I won't even suggest at what price the stock will be if this is the case. IMO, this will happen. This play is a long term play. When it pans out, it will make lots of us wealthy. Investors who don't like to trade, should buy and put away for the long haul. Buying 1000 shares at $4.00 is extremely cheap, $4000.00 which could turn out to be $40,000. The market cap. will be there if a mine is produced.