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

To: Famularo who wrote (5271)	6/2/1998 12:20:00 PM
From: Pete Mimmack	Read Replies (1) \| Respond to of 7966

Frank - Thanks for the news. When I first saw the price this am, my thought was "Hey, if it's going to drop this fast, let's wait til 2.50 and get a real deal." Now that I know K-91 will be out by month-end and you are apparently putting together a big deal (try not to run the price too fast in case we don't get in before you start buying ;-), I figure that I probably shouldn't wait past mid-month. I doubt K-15 will have any effect on the price, given what we saw this past week. And for all I know, JK may be right and the market will find K-91 boring also. But my hunch is that a mini-bulk will be exciting enough to draw attention and buying, so we ought to jump in beforehand. BTW, are they hustling that K-91 sample. I thought it wasn't due til July-August? Pete

To: Famularo who wrote (5271)	6/2/1998 1:31:00 PM
From: Jesse	Read Replies (1) \| Respond to of 7966

Sounds great, Frank! Thanks for da info. Sure great to have you aboard! Re. K-91, Ashton's N.VancR lab has reportedly been on full-steam ahead, but let's remember the whole program has been on fast forward all along. - As has been iterated on several occasions on this thread, Ashton has made astounding progress, and continues on. The ACA JV's new $2mil DMS plant plus the add'l $8mil budgeted in this year's expenditures speaks for itself. The massive size of these deposits is boggling. K-14, showing high prospectivity, is a complex sprawling mass (seems to be growing!). We of course must wait for the 450tonne bulk sampling results there, as the extractions are still sitting in storage. K-5, K-6, K-7 -- gigantic, and warrant further exploration (kims "in the bank"). ACA anoms w/ respective features, to date: Message 3807369 The exploration and development environmental logistics stack up mighty favourably for the area. Frank, I expect the summer program for further sampling of some of these kimberlites, as well as more scout drilling should be underway soon? As you point out, a minibulk on K-11 is certain. Best Regards, -j :> Ashton WebSite NR's: ashton.net.au

To: Famularo who wrote (5271)	6/2/1998 8:53:00 PM
From: RMF	Read Replies (1) \| Respond to of 7966

Frank, Thanks for that last private message, but it appears everybody is tuned in on results. I "didn't tell anybody" as you suggested, but I had already heard about the release and gotten a certain feeling about the contents much earlier. What I'm looking for is kimberlites from Troymin. That could pop Troymin to 1.50 and then I'd be out to shop for bargains including Ashton. So far there aren't any mineable diamonds here. And after 20 something kimberlites the odds are getting slimmer. I would love to see diamonds found but that isn't happening. Kimberlites do not necessarilly mean diamonds. Kensington and their partners have some 60 kimberlites in Saskatchewan and I think some higher macro counts than ACA has come up with.