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


To: ddl who wrote (5815)7/27/1998 10:17:00 PM
From: Paul Belecki  Read Replies (1) | Respond to of 7966
 
These results, could have been possibly released due to internet chit blat. I believe someone accused Ashton of sitting on excellent results as these results should have been ready according to this threaster a long time ago. But i do not think so myself.

In my view, Ashton probably got these results recently and decided to release them irregardless of other pending results. This is a smart move, for two reasons:

1) For one, they are completely a different bowl of wax (different areas/different types of sampling), so why combine them in one press release;
2) If they delayed the reporting of these somewhat negative results through a single combined press release and K91 turns out to be negative in a few days, shareholders would be really peeved off for holding back material information. Shareholders would rightly beleive that they could have got out a lot higher and their decision was to be based upon these additional kimberlites being diamondiferous. As well, it would be highly unlikely, that shareholders would believe that they got the results at the same time given the different nature of these samples (rc versus minibulk).

If on the other hand, the forthcoming results are excellent, some might scream bloody murder that they were sucked into selling, but hey the ball can bounce two ways. Oh well, live and learn.

Enjoy the ride, is what i say and let the chips fall where they may.

In my view Ashton did the classy, moral and right thing releasing those results. In my view, it is a great opportunity to buy more stock and possibly average down.

Happy day investing/flipping.

The one and only Bilecki.