Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Famularo who wrote (4433)	3/13/1998 8:58:00 PM
From: Jesse	Read Replies (1) \| Respond to of 7966

Spec. makes a valid point. Need thousands of carats for a solid valuation. But at that point, this price level will be divisible into the new price level by 'n' times! ;) -In terms of stages, I'll share the diamond explor'n progress steps J.Auston outlined in Calgary (according to my frantic notes): -property recommendation \| -target definition \|\| -micro analysis \|\|\| -minibulk (10's of tonnes) \|\|\|\| -bulk sampling (100's of tonnes) \|\|\|\|\| -feasibility (1,000's of tonnes) ---------- ---------- Here's a flowchart at RMLL's website for expl'n stages: rmll.com (if you can figure it out!) ----------------- Ciao, -j :>

To: Famularo who wrote (4433)	3/14/1998 8:03:00 AM
From: MUDMAN	Read Replies (1) \| Respond to of 7966

To Frank and All: Keep up the good work! I wish I could contribute more but the problem is the one commodity that no one can buy or create more of : time. Anyway, I just pulled up Michael Schaefer's March 15th newsletter and here are some exerpts on ACA: Re: the announced discovery of 4 additional kimberlite pipes, "Perhaps significantly, ACA's discoveries are moving closer to the Redwood/Montebello southeast block". He goes on to say that some of the newly discovered kimberlites are "quite large n size, with K-15 being 600 meters by 200 meters". He states that the continued discovery of kimberlites "only increases the odds that one or more of these pipes could be economic". He also goes on that "...it is rumored ACA may have as many as 100 kimberlites when it is all said and done. We still view the odds very favorably that one or more of the ACA pipes will give the market what it is looking for - a kimberlite of major economic significance". He views CN$4.00 as a proper entry point in here and he continues to "view ACA as a very good candidate for a major economic discovery, with considerable upside potential to its share price". There you guys have it. For those not familiar with this Mike Schaefer he is not a self-promoter like many of the other newsletter writers out there who constantly hit the mining show junkets. He is a neighbor of Warren Buffet and is not afraid to say when he makes a bad call. His track record has been excellent and it is the best written of all the natural resource newletters I have sampled. FYI their web site is PMC@globalgold.com. Keep up the good work all. Mudman P.S. Frank: did you get your Fagan report for March yet? I haven't gotten mine. Regards Mudman