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

To: Famularo who wrote (4592)	3/26/1998 12:31:00 AM
From: Joe Sing	Read Replies (3) \| Respond to of 7966

Everyone, forgot to mention that First Marathon recommended ACA in its whopping 60 page report, "The Diamond Industry: Canada's Emerging Role" The authors are John Lydall and Kerry Smith (Toronto), and the report is dated 3 March 1998 "Ashton Canada has no need for immediate financing. The company has approximately $18.5 million in cash and its burn rate is approximately $650,000 per month. Ashton Mining of Canada is a classic a volatile exploration play. The company has a huge land position, strong technical expertise and financial staying power, and appears capable of generating considerable positive exploration news over the next 12 months." Other companies included in the report include: ABZ BWD CNB DMM DGM DMW HMD LTL MSC MPV NMR RXD SUF THI TMI

To: Famularo who wrote (4592)	3/27/1998 3:04:00 AM
From: Intrepid1	Respond to of 7966

F.Y.I Frank, Yorkton just agreed to finance another junior in the Alberta Diamond Play....btw CBM.A is spending $750,000 on Sanfred's (SND.V) Alberta Claims to earn 50%. Airborne Geophysics have just been completed and are being analysed. Cambridge Minerals Ltd - Maximum 2m unit financing Cambridge Minerals Ltd CBM Shares issued 7656333 1998-03-24 close $0.21 Wednesday Mar 25 1998 Mr Robert McMorran reports A financing, on a best-efforts basis, has been arranged with Yorkton Securities. The financing will be by way of a prospectus and the number of units will be a minimum of 1,500,000 and a maximum of 2,000,000. The agreement contains a greenshoe option allowing for up to 300,000 additional units to be allotted by the agent at any time within 60 calendar days after closing. Each unit will consist of one share and one warrant. Each series A warrant will be exercisable for 12 months from the date of issue into one share. The exercise price of the warrant will be equal to the offering price of the units. Proceeds will be approximately $805,000 if maximum greenshoe over-allotment option is exercised and approximately $650,000 will be used for diamond exploration on the company's properties in Alberta. The agent shall be entitled to a commission of 7.5% of the gross proceeds offering payable upon closing. The agent shall also be entitled to broker's warrants equal to 15% of the units sold. The exercise price of the broker's warrants will be equal to the exercise price of the series A warrants and the broker's warrants will expire on the same day as the series A warrants. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

To: Famularo who wrote (4592)	4/1/1998 8:34:00 PM
From: Chas.	Read Replies (1) \| Respond to of 7966

Hi Frank....... Just read my brother in laws copy of the Kaiser tracker on PUG that has created such a furor.....In my opinion it is about the most benign commentary that I've ever read....it is a stretch to call it an attack......the guy simply states that someone (it's easy to see he meant you) hit it lucky on a guess about a pipe and a news release. He goes on and speaks well of SI and the Ashton thread at large, stating exactly the truth about the posters........a lot of dreams, rumours and theories posted as well as an excellant place to gain knowledge about ACA and their Alberta play. Much toodo about nothing, I am completely neutral on this.......Actually I am a Resource Indicator subscriber and I highly recommend it to all........my two cents worth......chuck