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

To: violetta martinez who wrote (4919)	4/30/1998 4:35:00 PM
From: Famularo	Respond to of 7966

Violetta, even if we exclude the past few months of Ashton's exploration, without the nine discovered pipes, Ashton market cap must be worth more than today's closing price. That is the reason I decided to increase my position and today's price. If indeed, it moves back up tomorrow, I will prove my point and feel better that I had an opportunity to buy more. If she continues to go down, I will be really confused about investor's expectations and may start running out of cash and start using my margin accounts to buy more. I am interested to see what John Kaiser has to say about the current decrease of the price of Ashton and Pure Gold because some folks were not happy that they came empty on three pipes. Ashton has traded off almost 20% from $4.10 earlier this week. It has created buying opportunity for many, even for folks who just trade on technical info, the stock WILL rebound. I see Ashton closing up tomorrow after two days of selling. Regards Frank Famularo

To: violetta martinez who wrote (4919)	4/30/1998 7:22:00 PM
From: Joe Sing	Respond to of 7966

89kg of the K-stuff equal about two large boxes of cereal. Really!

To: violetta martinez who wrote (4919)	5/1/1998 6:36:00 PM
From: Famularo	Read Replies (1) \| Respond to of 7966

To all ADP followers: While this is beginning to sound like a broken record, the Alberta play is far from over. Do not lose patience yet! May I also add that the acquisition of a 10 tonne per hour dense media separation plant by Ashton in Northern Alberta is much of a huge investment than necessary to process only one 450t sampling. This should encourage us to believe that many more kimberlites to bulk sample than we are aware at this time. As well, if results are warranted on K14, I would expect the next phase to extract approx. 4000t to start in early 1999. Regards Frank