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

To: Troy Griffin who wrote (5030)	5/6/1998 9:48:00 PM
From: Rocket Red	Respond to of 7966

they are small compared to ashton but the gem quality is there as well as the dollar value aca has a long way to go those bulk samples will tell the story

To: Troy Griffin who wrote (5030)	5/6/1998 11:14:00 PM
From: Famularo	Respond to of 7966

>>> Frank do you think these last couple of weeks of declining share value is reminiscent to what happened to Diamet before there upward spike. Also what is the size of Diamet's commercial pipes in relation to ashton's, as well as any other comparisons people can think of to give some idea of the ADP potential.<<< Interesting enough, both Diamet and Aber had a decline in their shares before a major upward spike occurred. With all the attention this play has received by the media, newsletter writers, analysts any good news will inject a sling shot effect to the value of the company simlar to what happened in 93/94. Ashton micro/macro counts are less than the NWT however the cost of operating a mine is much less in Alberta than NWT. Gem quality of at least 25% and at least 40 carats per 100t may justify proceeding to production. Still early in the play but still faster progress than NWT. There still are companies exploring in NWT for commercial mines and have taken them a longer time to explore with way more financing. I will post some initial comparisons after we get results from the remaining six pipes. As well, I mentioned in earlier posts, months ago, that Ashton has there best anomolies north of K14/K91. THIS IS WHERE WE'LL IMPRESS THE FOLLOWERS. Debeers will start drilling in about a month on the Troymin property. If their results are good, that land vale between Troymin and K14/91 will increase substantial. Happy Investing! Regards Frank Famularo