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

To: skelly who wrote (4789)	4/12/1998 11:09:00 AM
From: Famularo	Read Replies (1) \| Respond to of 7966

>>>To date the only economical K's are in the NWT's.<<< Good point, back in the early 90's, NWT economic players were not selling at todays market cap. My point is the higher the risk the higher the reward. The lower the risk the lower the reward. I for one could have made much higher returns with Diamet, Aber, Southernera. I sold 90% of my portfolio and they all went up another 100%. Those are the breaks! I agree with you thayt it is way too early to stake victory but my sources tell me we are around tbe corner and Bufallo Hills can develop a mine in less than half the cost of NWT meaning that we dont need 50% gem quality or 50carats per 100t. One other interesting observation is the new DMS plant being built is planned to extract bigger samples than just 450t, otherwise they would have outsourced the material. My speculative guess is that in Jan 99, Ashton will be extracting at least 4000t sampling. Happy Trading!