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

To: will kenyon who wrote (4411)	3/12/1998 7:20:00 PM
From: Famularo	Respond to of 7966

Yep, you are correct, I did and continue to predict $10.00, at the very least by the end of the year. It will break the previous high of $8.05. Why it hasn't is because the market has become selfish and need confirmation of a mine and expect to pay $10.00 or less for the stock. It is my understanding that Ashton will feed us information as they proceed and expect the market cap valuation to increase if warranted. How will this be warranted? 1. Finding a total of at least 10 new diamondifirous pipes this year. 2. A better micro/macro count than any other pipes would 3. K91 to have a better micro/macro count than K14. 4. 500t sampling that warrants additional sampling, ie. 2000t 4. An announcement of gem quality recovered from a small sample of 500t. I think the market would expect approx. 35-40carats with an average gem quality of 20%.

To: will kenyon who wrote (4411)	3/12/1998 9:26:00 PM
From: JKNF	Respond to of 7966

<<<...my money is staying in the pocket until we see a blow your mind find! >>> You're going to pay atleast twice as much when you decide to get in!!! With so many pipes discovered, last year, and all the new ones this year, the greater the likelihood of finding several economically viable pipes. Quite frankly the odds are getting better with each passing press release of newly found kimberlites. Can't you see that? Regards John

To: will kenyon who wrote (4411)	3/13/1998 12:42:00 AM
From: cann11	Read Replies (2) \| Respond to of 7966

If this play would have started at the time of the bre-x peak 2 years ago, this stock would be worth at least $ 20 . It seems that people or market arent into the mining or speculative stocks , they dont even trust them , with all the bre-x thing and the price of gold going down! I know diamonds has nothing to do with gold , but people thats how they see mining stocks. Right now the trend is not on mining stocks. People and big institution just poor money in mutual funds or safer stocks which trade over book value. The bubble will burst and i hope it does because the stock market is way overvalued. I hope ashton and other juniors find diamonds so we all can profit and bring life back to the mining stocks , because now these stocks dont move much and its fun when you have more people playing, it makes it more interesting !!

To: will kenyon who wrote (4411)	3/13/1998 9:57:00 AM
From: LOOGAN	Read Replies (1) \| Respond to of 7966

Will, unfortunately you are a product of the old NWT promotional campaign. You stated that the micr/macro counts are low but you fail to realize that they are mostly IRRELEVANT at this stage other than determining if any stones of economic quality or size are present Ashton has shown us this already! John Kaiser does a very good job of explaining why in his latest bottom fishing report (40+ pages worth). For example, Mountain province origionally claimed to have over 4cpt but when Monoprose took over they determined that 1.3 cpt would be more accurate, HOWEVER, Monoprose also determined that the rock value was double that of MPV's earliers assesment.(notice how the cpt figure did not negatively affect the value of the rock per ton. Resorption, which has been acknowledged by Ashton, causes MICRO/MACRO to appear a lot smaller in the smaller samples. Grade will most probably increase with a larger sample being processed. I would explain how this works but it would be several pages long. Also remember the yellow stones that Ashton have acknowledged to have been found in the K14 complex. This may greatly influence the value of the rock. In essence I am trying to say that I feel the results to date (although they appear low) are comparable to the best results seen in the NWT. It is my impression that we are well on our way to having an economic mine found in one of the first 10 anomolies. With over 100 targets left to explore, Will don't you think we have an extrordinary chance at several economic deposits? Don't forget that diamond exploration is not like Gold and thus will take a lot longer to reach our ultimate goal...........