Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Friendly Bear who wrote (5605)	7/11/1998 7:43:00 PM
From: Brett Taylor	Read Replies (3) \| Respond to of 7966

Frank I've been following your posts for almost a year now. Thanx for the insight. I'm curious on your views about the ACA/PUG satellite plays...MEO,NCS,TYR etc....Which do u believe are good bottom feeders leading up to September/October? I like the runs ACA makes, but technically, it doesn't look so swell. I usually play MEO up and down (buy at 30 sell at 70) but I'm a little nervous about recent announcements. Any views? TIA BT

To: Friendly Bear who wrote (5605)	7/13/1998 8:25:00 AM
From: Famularo	Read Replies (1) \| Respond to of 7966

>>>Frank, I know someone who knows Greg, who is a professional investor and claims he is a major shareholder and part of one of your investment qroup of investors. <<< Welcome, you know somebody who knows Greg! Interesting... Greg and I have known each other for a good decade. Bright and successful guy. >>>She claims that you guys are not in a hurry to buy the stock and are not concerned about the K91 results. <<< I guess you mean Greg's friend, who is a female? I am not sure if this is a correct statement. Basically, we know and feel very comfortable about this play. If Ashton continues to downplay this project and for whatever reason the next News release is not too favorable in the short term, we will hold off for a few weeks before we move in financially. We do care about the K91 results, but we are more interested in their future plans with K91 and the remaining project. That is what builds the comfort level. You got to read in a company's long term plan. For example, building a local plant is extremely bullish and a company does not approve such a direction unless they are leaning towards a commercial mine. These are professionals and get direction by Ashton Australia. They know how to play the exploration game. Ashton Canada will continue to feed the market only what his required by securites commission. ie. If Ashton would come out and disclose gem quality with a disclosure that it is based on a small sample, I think the market would accept this positively. However, they claim the sample is too small to much such a statement. >>> also heard this morning that you guys will start buying soon? Is this true? <<< We have the money, it is just a matte of timing! We are extremely bullish with the fundamentals of the play but a few of us are selfish and like to buy the stock cheaper if market conditions dictate that. We feel that any day now, the technicals of Ashton will move us around leading us to K14 results and other project developments. For retail accumulation, now is a good time to buy, if you are in for at least until the K14 results come out later this year. Ashton is due to put out some real good news. >>> He tends to have a good reputation by a few wealthy people and can easily suggest to his friends to purchase a stock. <<< True, he won't suggest to anyone until we have a position. <grin> >>> Do you guys get payed by Ashton? <<< What! you must be kidding!! If that were the case, I am definetely not doing a good job with the stock. I have been bullish for a long time and the stock has come down. What a laugh! I like to beleive we pick and choose companies that have real good chance of success. Actually, Greg has never failed with any of his picks... food for thought.. >>>Ashton is keeping the Buffalo Hills play a low profile so they can buy more time to force the other smaller juniors expire their land positions. <<< Hmmm, I don't think so but it is possible... With the way the stock has come down the past six months, common sense would tell me it has more of an upward unlimted potential at these prices down dropping much further. Let's face it, they do have many diamondifirous pipes and are selling at a small market cap. regards Frank