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


To: JP who wrote (4476)3/17/1998 1:00:00 PM
From: LOOGAN  Read Replies (2) | Respond to of 7966
 
JP, when you drill (even small diameter core) you will have core come out of the ground. Even with small diameter core it is not hard to get a 40+kg sample that is needed for micro testing. If would be the dumbest move ever if ACA drilled and left kimberlite core at the site and not test the potential of these new pipes. I'll bet you a night of drinking that ACA have obtained samples of these new pipes. (call them!!). As for Will K, would you rather invest in a company with one pipe or a company with 100 pipes. This is very material and important to investors. Announcing new pipes may not move the share price but it defenetly reduces your overall risk. It is simple math that 20-25% of diamondifferous pipes are economic so your chances of success with 100 kimbs. is a heck of alot better than 10 pipes!!! I think that you are forgetting that the majority of people here are well informed LONG term investors in this play and not in it for short term flips.