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


To: chummer who wrote (4134)2/28/1998 2:57:00 AM
From: Famularo  Respond to of 7966
 
500 ton is not enough to confirm a production mine. A 5000-10000 ton sample plus a feasibility study would be the step that would confirm gem quality and a justification of a mine. A successful 500t sample would reduce the risk of failure and the stock would definitely move accordingly but the risk will always be there until a feasibility study is complete. Hope that helps...