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

To: Paul Belecki who wrote (5990)	8/6/1998 11:15:00 PM
From: Robert Dirks	Respond to of 7966

These guys (ACA) need a large diamond right now to pull them out of a hole - even if its in kimberlite. Like i've been saying, this market is brutal and takes no prisoners. IMHO, stock can easily trade down to cash position - or lower. (I know, I hold a few of them). Tax loss selling won't help. Check the level BSX is trading at vs it's liquid assets. Good luck All............

To: Paul Belecki who wrote (5990)	8/6/1998 11:36:00 PM
From: Famularo	Read Replies (2) \| Respond to of 7966

Gone for the weekend, back on Tuesday. Just a few comments for all the lurkers. There is more to this play. Give up if you can't sleep, accumulate for a quick flip or a long term hold if you can take the risk. So much bad news for a company who has expertise in finding commercial mines. From what I heard, Buffalo Hills remains a priority over NWT, and IMO, Ashton wants to surprise the world with a mine as they did with Argyle. There are LOTS of politics in exploration, which we outsiders don't know, unfortunately, small retail investors are the ones who usually get hurt. If you bought at higher prices, and are fed up sell, someone will be looking for the stock. If you believe buying the stock at these prices is worth the risk of a potential mine. Buy it. Do your own DD! Making a decision to proceed to BULK Sampling is a major step and lots of decisions had to be made for K14. There will be more to this story as it unfolds during the next few months. Remember, a few management moves made by Ashton during the past year. Expanded the Vancouver lab, expanded the Ashton Head Office in Vancouver, building a new DMS plant in Alberta. All this for what? No experienced exploration comapny spends this kind of money if they don't expect to be here for a LONG Time. Just a few thoughts for a few before I depart. Talk to you in 4-5 days.. Regards Frank