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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla -- Ignore unavailable to you. Want to Upgrade?

To: violetta martinez who wrote (584)	4/16/1998 5:25:00 PM
From: Famularo	Respond to of 822

Option to earn interest in Tosca prospect Meteor Minerals Inc MMI Shares issued 10,516,670 Apr 9 close $0.25 Thu 16 Apr 98 News Release Mr Jonathan George reports Meteor Minerals has reached an agreement in principle with New Claymore Resources whereby Meteor has an option to earn a 25% undivided interest in the Tosca prospect, comprising approximately 205,000 acres, by making a cash payment to New Claymore on signing of $25,000; issuing 25,000 common shares on closing, subject to ASE approval; making a further cash payment of $25,000 on or before December 31 1998; and issuing 75,000 common shares on or before December 31 1998, subject to ASE approval. Meteor must also incur exploration expenditures on the property of $0.75 per acre on or before January 31 1999; an additional $0.25 per acre on or before May 1 1999; and a further $1.00 per acre on or before January 31 2000. The Tosca prospect is in the Buffalo Head Craton and is adjacent and to the north of Buffalo Hills group of permits held by Ashton Mining of Canada, Pure Gold Minerals and Alberta Energy Company. A finder's fee is payable to Golden Capital Securities in conjunction with this acquisition.

To: violetta martinez who wrote (584)	5/4/1998 5:03:00 PM
From: Famularo	Read Replies (1) \| Respond to of 822

Kaiser says rejoice, don't squawk Ashton Mining of Canada Inc ACA Shares issued 23,798,122 May 1 close $3.40 Mon 4 May 98 In the News John Kaiser, writing in a May 3 Bottom-Fish Tracker, says Ashton Mining of Canada's price, wobbling at $3.48, should not concern investors. "Impatience, not diminishing potential," has brought down Ashton's stock, he maintains. Ashton lost 70 cents on April 30, to $3.35 from its close of $4.10 the day earlier; its 52-week range is $2.14 and $8.05. That little correction followed ACA's April 29 release of disappointing results. Mr Kaiser says investors should be joyful, however, that Ashton can be bought so much cheaper. "The cheaper you can buy such stocks, the better," he enthuses. Nothing in the meantime will persuade the skeptics to buy, he says, so cheaper prices "should be a cause for rejoicing among Ashton fans, not squawking." The cheap-stock luminary also comments on news that Ashton's 10 tph DMS plant will be delayed, saying that the news this play needs to "garner big-league respect" will not take place until the last quarter. In the interim, other results will be forthcoming, but Mr Kaiser does not say whether he expects more rejoicing.