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

To: Chas. who wrote (4620)	3/28/1998 1:01:00 PM
From: mark warburton	Read Replies (1) \| Respond to of 7966

Let's see what the news is from the upcoming kimberlite conference that is to be held in mid-April in South Africa. There will be news about ACA.

To: Chas. who wrote (4620)	3/29/1998 10:17:00 PM
From: Famularo	Read Replies (1) \| Respond to of 7966

>>>If some hot diamond counts don't come out soon, this puppy is going to drift into the low 3s or lower......could be a buying opportunity coming up......???????...........??????? Goldfinger, Aber, in the old days hung around 4 to 5 forever, they didn't really move until they some really good counts and pipe results. <<< If Micro/Macro analysis/count on the nine new pipes have better counts then the first 14 pipes, the market may react positive. K91 results may be out early summer and K15 450 ton sampling will be out at the latest this fall. Ashton is currently exploring the possiblity of sending their samples to a third party to allow them to move quicker with their project. If so, K14 results can be out this summer. I like ACA to outsource K14 but quality control may be an issue in someone else's lab. ACA would also be concerned that any confidential data about their pipes (i.e.. colored stones) may be leaked out! ACA are extremely cautious about quality control and therefore I think that it is in our best interest to have them process the core themselves. If the stock drifts lower, I can assure you that smart money would move in and turn her around before you know it. Keep in mind that Ashton Canada ONLY has 23.7 million shares and Ashton Australia controls approx. 62%, therefore, the float on the open market is real small, under 10 million. People I know very well, including myself have a controlling interest of approx. 9% in Ashton, of the available float, and no one is selling..... and will be buying more but we are all being selfish and like to see and wait for the impatient investor to sell their position so we can increase our position. Last but not least, with the combination of the expected results from the nine new discovered pipes which I think they were identified as high priority anomolies, with any interesting news coming out of April conferences(Calgary and South Africa) in particular Africa, and new pipes announced by other ADP juniors, I expect April to be a good month for the Alberta Diamond Play. It is way overdue for a turn around! Happy Trading! Regards Frank Famularo