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


To: Famularo who wrote (6129)8/28/1998 3:22:00 AM
From: Ned Land  Read Replies (1) | Respond to of 7966
 
Frankie! Its going to take a lot more than positive-thinking to get ACA outta the abyss.

The thing that made the stock soar in the early days were rumors of intrigue and the belief that they were on the cusp of striking the motherload.

The stock's dismal performance IMO is simply a reflection of the fact that these beliefs were misguided, and that what we see here is really all there is too see -- a promising exploration effort with some promising pipes and certainly more to be discovered.

Nickel: 11 year low
Copper: 11 year low
Gold: 18 year low
Diamond market is weak

With fundamentals like these and international markets in turmoil, I don't understand what would prompt someone to step up and buy now.

So, we drill more targets and get additional pipes. So we bulk sample k14, K11. More pipes doesn't a mine make; nor do grades without valuations attached.

My point: the work that is rumoured to be in the offing can only confirm what we already know; it cannot tell us what we need to know to attach a greater value to the company.





To: Famularo who wrote (6129)8/28/1998 12:21:00 PM
From: Buckey  Read Replies (2) | Respond to of 7966
 
Frank - Wipe that smile off your face. I am glad it is coming back - hardly any offers have popped up in the last hour - Some popped in early today after open in the 175 and 185 area - now have 5.5k left at 1.90 and only 1.5k at 1.99 then we are up to 2.20

OOPs sneaky little bugger moved 3.9k of that offer at 1.90 to 1.95