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


To: Jimsy who wrote (4329)3/11/1998 12:23:00 PM
From: Famularo  Read Replies (1) | Respond to of 7966
 
Jim, I have known about the quality on their 7.9 carats on K14 pipe for a while and will not disclose it here. The sample is too small and even if it drops drastically from what I know, it will still be higher than some world producing mines. I had many discussions re quality at the PDAC and evening events and I am extremely confident that Ashton is moving towards the right drection. The next milestone for Ashton is to find a pipe better than K14. I think they will. K91 looks like a real strong candidate and we should have 40t results within a month. As for Marum, yes, they can be successful. IMO, I just felt it was not justified a 50%+ increase in a week wihtout any positive fundamental news. At current price of .24, it does not have much more room to fall. If anyone is in for the longterm, Marum has little risk at current price.