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

To: Jesse who wrote (6040)	8/13/1998 12:40:00 AM
From: Famularo	Read Replies (1) \| Respond to of 7966

>>>>>Ashton will outsource the k14 material to a USA DMS plant used by Texas Star a few years ago<< Interesting choice-- the plant is actually available is it? This means no NWT processing then I guess.<<< This is the latest rumor I heard. It does not make sense why they would pay the extra cost to transport it to the USA. Hoping that Ashton will reveal their reasoning on choosing one over the other. >>>Market expectations, evidenced by the selloff, have been unrealistic. This play is staying on earth (where Ashton Mining has always been anyway!), and as the market comes to grips with the steps necessary to complete the deal yet recognizes the outstanding progress thus far, the shareprice should fall back into line. <<< Unfortunately it hurt many, but rest assured that buyers have started and will continue to accumulate in time for the K14 450 blk sampling results. You asked if I think K14 will be a mine? Have not changed my tone and continue to predict K14 will be one of the commercial open pit mines. I also think K91, K6, K5 and K11 have very strong possibilities to be open pit. The size of these pipes are huge and the reported counts could not be at its best area yet. More to this exploration story as it unfolds during the next few months. Ashton has always said that K5 and K6 will be revisted. I am confident that K91 will also be resampled from different areas. Ashton is smart and I still believe that the reported events are somehow planned with the co-operation of Ashton Australia. This includes drilling strategies on the kimberlites. We will see what Debeers find on that Troymin property. Troymin should be announcing anyday with their exploration plans in Buffalo Hills. Gotta go to bed. Talk to you tomorrow. Lights out. Frank.