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


To: Famularo who wrote (5588)7/10/1998 2:59:00 AM
From: YC98  Read Replies (3) | Respond to of 7966
 
<<A few facts about the Ashton Buffalo Hills.>>

I guess i must be the lone bear on this stock. The most important fact here is the drilling results and so far they have been disappointing for the last 6-9 months. Can it be different this time? We shall know in a few weeks.

I am looking to short this stock if there is any run up towards $3.50-4.00 range. A weak stock in an extremely weak sector is good enough for me. regards,yc



To: Famularo who wrote (5588)7/10/1998 10:04:00 AM
From: ed hospi  Read Replies (2) | Respond to of 7966
 
Frank:All you say is correct and since well all seem to know this the stock should be at 10. but it is not.As well if ACA thinks it has the goods PUG should have been gone by now.PUG if they thought they had the goods would not be trying to play games in Africa.When things didnt look good in the NWT several years they dropped a million in Africa with a company called Serengeti.The pattern is again very similar and the million simply disappeared.We all hope for great results but some things do not add up.Going back over the ACA/PUG history and the way they explored in the NWT should provide alot of clues because we have the same two people involved-Wayne and Don.They did not find much in the NWT but sure kept us thinking it was just around the corner with the next release.Here we are years later waiting for the next release-lets hope this is it and put me down for 71/100 tons.ed



To: Famularo who wrote (5588)7/10/1998 10:07:00 AM
From: BWEEB  Respond to of 7966
 
No Polar Bears? I don't think that there are any Polar Bears in the parts of the NWT that is being explored by the diamond players. There are however a lot of Grizzlies up in that part of the world. Thanks for the list. I think that each individual point might not seem to significant but when it's all taken into consideration it will have a significant impact on the economics of this play.
I would like to say that I don't agree with the post that requested that rumors not be posted. Most often speculative investments such as ACA have their share price reacting to rumors and I for one would like to know what they are! A nasty rumor can demolish a stocks share price even if it is completely false. This forum gives us an opportunity to discuss these rumors and prove them true or false. (or worst case scenario it will entertain us). I don't ever recommend that people buy or sell based on rumors posted on the net but it is important to keep informed on what people are saying about your investments.