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

To: Famularo who wrote (4094)	2/26/1998 11:16:00 PM
From: Russell	Read Replies (1) \| Respond to of 7966

That John Auston is a hell of a speaker!!! Very Informative meeting, free bar and all!! The results from K91 look to be leading in the micro and macrodiamond areas, however, K14 and K91 seem to be their primary order of operations moving on to bigger bulk sampling, results by Spring Break-Up. It also sounds like AEC has put up their money to continue on in this play. Ashton must have proved something to them. This $10 MM budget is to consist of the above bulk sampling and the building and operation of the 100t/d (don't quote me on that) plant. K6 is not forgotten thanks to the .76 carat diamond. They will be returning to that later. Maybe ask some questions to refresh my memory. Oh ya, where was the 1.31 carat found again?? <>$Russ$<>

To: Famularo who wrote (4094)	2/26/1998 11:43:00 PM
From: chummer	Read Replies (3) \| Respond to of 7966

Frank, Just returned from Yorkton's "Diamonds in Alberta" presentation at the Westin hotel in Calgary. They certainly spared no expenses, lots of food and drink.Yorkton's mining analysts, Art Ettlinger and A. Leishmen both spoke, and they talked of all the juniors in the play, with no new insights.John Austin was much more enlightening, while bringing us up to date on Ashton's progress, he also showed some impressive slides of recent diamond finds. One slide showed approx. 15 diamonds from K-14, very impressive.He also showed the .77 fancy from K-6. Someone in the audience asked it if it was true that it was appraised at $50,000, but he denied that. He stressed that gem quality was more important than carat/ton , though he would give no insight as to Ashton's gem quality thus far. There were no surprises, Mr. Austin told us nothing new(at least those of us that read SI). BB