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

To: Jesse who wrote (6033)	8/12/1998 12:56:00 PM
From: Famularo	Respond to of 7966

Interesting reading. I had read Vaughan, as we own Southernera. Good reading for all, I encourage all to read. The investment group has spent approx. $20,000 buying Ashton yesterday. I will get today's numbers tomorrow. I know they are doing some buying. It will a strong technical buy signal if Ashton trades above $1.25 today. There was a 100000+ short position on Ashton when the stock was trading above $3.00, if I had a short position, I would cover at these prices and make an attractive profit. If shorts start covering, it will push her up higher which is the reason the trader we are using to buy the Ashton stock is trying to stay away from buying at market. Jesse, I will fax you the requested report on Friday/Monday. Regards Frank..

To: Jesse who wrote (6033)	8/12/1998 2:28:00 PM
From: Famularo	Respond to of 7966

We are carefully monitoring the trading of ACA shares and noticed that more than our trades are accumulating Ashton shares. The bids are strong and a new support level will be made if Ashton bids get stronger above $1.05. It shouldn't be much longer before the supply at these levels runs out and investors will have to step in at higher prices. There are currently 26,500 shares bid between 1.05 and 1.13, and on the sell side there are only 23,600 shares for sale before $1.25 gets wiped out. If market orders move in and volume breaks 100,000, we may see it past $1.25 by 4.00pm. regards Frank

To: Jesse who wrote (6033)	8/12/1998 10:46:00 PM
From: Famularo	Read Replies (1) \| Respond to of 7966

Jesse, the latest rumor I heard is that Ashton will outsource the k14 material to a USA DMS plant used by Texas Star a few years ago. If true, it will cost Ashton a good coin to transport the K14 material to plant. They would have to box it and probably ship it by train. Hmmm, maybe the BRe-X boys can hijack the train and ....... Maybe we can get HUGE COUNTS WITH BIG AFRICAN DIAMONDS. That would make the stock go to $100.00 in no time. hehehehe.... I feel real good about Ashton improving on in handling its exploration strategy and information flow during the coming 12 months. It is a guess that Ashton will need financing sometimes next spring and I am convinced that the stock will be at much higher prices by then due to the information the market will know by then. regards Frank