SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: mackenzie who wrote (5586)7/9/1998 9:47:00 PM
From: violetta martinez  Respond to of 7966
 
Welcome aboard mackenzie!! Hope your released on bail soon! I think the more posts the better, as long as it's not people venting their frustrations on fellow SI members. Looking forward to all the info you can scrape up. Cheers,
Violetta



To: mackenzie who wrote (5586)7/9/1998 10:19:00 PM
From: Famularo  Read Replies (3) | Respond to of 7966
 
A few facts about the Ashton Buffalo Hills.

-easy access to properties, as opposed to helicopter to NWT
- work on ground year round, except perhaps in April/May to protect roads
- good climate, not quite as cold as NWT
- no polar bears
- helicopter support not quite as essential as in NWT
- drive to many drill sites
- targets easily identified above backgronund
- good infrastructures nearby
- good score so far on kimberlites/target,
- good score so far on diamonds per kimberlite,
- no of macros in ballpark with other
- no of micros in ballpark with other
- good size of pipes
- well formed pipes
- do not appear to be eroded away and scattered all over the continent
- gem quality (Sheldon claims 75%)
- lots of targets
- enormous amount of land to explore 28 million acres (must be a mining record)
- well funded for the present
- not too many shares out
- good senior partners AML AEC
- experienced management, all partners
- own labs, 1 in Vancouver, 1 in Australia
recently expanded the Vancouver Lab
- shouldn't be any land claim problems
- good mining law setup
- other projects in NWT
- good position for future financing, actually either major could finance
- good share distribution
- a parent company already has control so can't be a hostile takeover
- not much float
- trustworthy
- the project is considered to be very promising and stock is being watched closely and will jump in as soon as she starts moving
- Ashton has expanded their Vancouver Head Office
- there will likely be some more promising news in months to come
- there will likely be a 1999 financing arrangement to thoroughly increase the bulk sampling on K14 to 5000t
- A new DMS plant in local Alberta. Similar to what Diamet did in 1993.