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

To: JP who wrote (6242)	9/21/1998 2:32:00 PM
From: JP	Read Replies (1) \| Respond to of 7966

Well I just came back from the Calgary show. Information acquired: 1) Talked to Ashton Geologist Andrew Barry. 2) Ashton has not done much this summer because of helecopter costs. This winter will be very active with lots of drilling going on. 3)Ashton has 14.3 million in bank. 4)Of the 3 main Canadian plays that they are involved in they are the most bullish on ADP. 5)Batch plant is delayed but under construction. 6)K91 was disappointing but not washed up yet. They drilled 4 holes -only 3 were useful. They will revisit later. Especially since it is right beside K14. 7)They looked at the Montello Aeromagnetics -at the Montello booth- and thought that they looked promising and wish them luck since it will help the ACA price if Kennecott find anything. See the Montello thread for my comments on MEO booth. Show in general looked liked everyones stock was way down. Only smiles were Montello and Ashton -from my biased viewpoint. JP