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

To: Jesse who wrote (6025)	8/11/1998 3:23:00 PM
From: Famularo	Read Replies (1) \| Respond to of 7966

Nothing wrong with a slight correction! IMO, mining index has suffered for the past two years. There isn't much premium left in juniors. Hopefully money from the blue chippers will move into juniors. Regards Frank

To: Jesse who wrote (6025)	8/11/1998 4:27:00 PM
From: Famularo	Respond to of 7966

I suspect since Ashton and Pure Gold received a massive beating last week, it seemed to have not reacted to the TSE 210 point drop today. There are others to beat on!! Market Cap is approx. 23mil with approx 15mil in the bank. The stock is selling at little premium for the potential of K14. This is my projection of the next few months. K14 will be sent out while we wait for results to come our way(Oct), we will be able to speculate what the results will be. Based on the experience we have seen with K91, some people will speculate with the 450T results. During this ride, I suspect we will get 40T results from K11. There is alot to ride on for the next few months. The key issue to keep this play alive is a confirmation from Ashton that Alberta still remains a priority over NWT. There have been a few who have hinted in posting on other threads that Ashton should pack it up and move on to their properties in NWT. Folks, I don't think that will happen. There are many anomalies left in Alberta (100+) and Ashton still maintains that they are looking for a commercial mine in Alberta. IMO, as I said many times in the past, and I continue to stick to my guns, K14 will be a mine and profitable. Ashton needs to find a few other commercial pipes. This is what their objective really is! Regards Frank