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

To: DIAMOND JIM who wrote (4634)	4/1/1998 10:31:00 PM
From: Famularo	Respond to of 7966

Following is what I feel will be key to ignite the Alberta Diamond Play. 1. Pipes need to be found by other juniors currently drilling. ie. Marum, Victory, Mount Hope, etc.. 2. The new nine pipes that Ashton/AEC and Pure Gold have found need to be diamondifirous. An 75% success ratio would be great. If any of the pipes have better initial micro/macro count then K14 or K91, I consider this Ashton progress to be bullish. Keeping in mind the samples would be to little to economic victory. 3. I am not sure if Ashton's stock has reached bottom yet, my emotions tell me it did, my brain tells me that there are a few folks out there, including myself, who don't have a problem if she drifts lower. This would allow many people the opportunity to invest in a very good exploration company ahead in the project by at least 18 months in comparison to others in Alberta. If Ashton continues to maintain its level of $4.00 leading us to the Africa conference, I expect the stock to start moving up to the $5.00 trading range in anticipation of the unknown report being given by Ashton. This projected price can change and go higher if Ashton has initial sample results better than any of the pipes reported todate. Invest only what you can afford to lose. The market can be profitable and can also be dangerous. All due diligence should be done by the reader.