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

To: ed hospi who wrote (5592)	7/10/1998 11:12:00 AM
From: BWEEB	Read Replies (2) \| Respond to of 7966

Ed, I'm sorry but I don't completely agree with your ctriticisms. ACA did have success in the NWT with the discovery of 4 or more kimberlites. It's not their fault that these pipes were uneconomic. ACA then shifted it's focus to Alberta and had great success. ACA would have hit $10 in a pre- Bre-x market. PUG's share price has been directly linked to the price of ACA's. PUG might aswell have been bought out by ACA if that is what the shareholders wanted. This is not the case so PUG decided to deversify it's portfolio and try to break free from ACA share price link. This has not happened but I do expect it to happen when we start to see the financial benefits of PUG african diamond mine. PUG has been seeing better results than origionally predicted on the proerty and will soon be in a strong cash flow position. I could list several mining plays that took several years to pan out but that ended with great success. I would like to hear what you meant when you said "some things did not add up"?