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


To: DIAMOND JIM who wrote (6092)8/24/1998 5:21:00 PM
From: Famularo  Read Replies (3) | Respond to of 7966
 
>>>The market believes we are at square one and we may have to wait for a whole new exploration cycle if the K14 issue is not dealt with this year.<<<<
Agree, although I have strong indications that Ashton will deal with K14 this year.

DJ, lets assume we get a grade of .50 carat per ton. This would work out to approx. 225 carats. Personally, I think anything over 200 carats should be enough to give us an indication of grade and a more realistic size distribution. Assuming a grade of 50% or higher and keeping in mind the infrastructure should make it an interesting play. What you think?

regards
Frank



To: DIAMOND JIM who wrote (6092)8/26/1998 6:39:00 AM
From: JKNF  Read Replies (2) | Respond to of 7966
 
Hi DJ, I was busy pouring concrete in my backyard all day yesterday, every muscle and bone in my body ache today!!!

If Frank's dreams are correct and ACA outsources K14, this will be good, and hopefully the results will be better wityh the larger tonnage. (I know K91 was so promising, then only 16ct/100ton on the mini-bulk.) However we can't have bad luck on our side all of the time!!!

Regards

John