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


To: Famularo who wrote (4590)3/25/1998 5:57:00 PM
From: JP  Read Replies (1) | Respond to of 7966
 
<< Therefore, the stock will do well from here on, in my opinion. As for D. James, he is real bright and knows his fundamentals. The fact he put his reputation to recommend both Ashton and Western gives me a relaxed comfort ride to higher prices. He recommended it weeks ago at $5.50+ and re recommended at $4.35. >>

You guys are trying to apply logic to the market again. I recall Bema -when it found gold in Chile, it climbed to $3 or so-then in the two years it took to build mine- it dropped to $2. Then even though it was on-time and on-budget. It did nothing - in November, when the mine was due to open in January it was still at $2. When mine opened -an entirely predicable event - the stock went to $13. Absolutely amazing that logic does not apply- but it doesn't. I have found that the easiest way to make money is to buy the good stocks that the people have lost interest in. Like PUG and ACA -now. JP
PUG will shake the bad rap once there is real money involved.