SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: DIAMOND JIM who wrote (6311)10/9/1998 8:03:00 AM
From: Famularo  Read Replies (1) | Respond to of 7966
 
>>>That means another dry spell for two months IF they adhere to the schedule you have learned about Frank. Good possibility of no news until 1999. Our money is dormant for a few more moons at least.

With drilling to start during freezeup, there may be some excitement on new kimberlites.... I think they extracted 25 tons, it should not take to long to process this size. I think mid Nov is a good target. With a dry spell on news, Ashton does not seem concerned. They have a project plan and are following it. They have a goal and that is to find anc confirm a mine. At these prices, you either play high volume stocks and if you make money, move your profits into this stock... Can't go wrong. At the worse case scenario, if Alberta never pans out, they have a good inventory of NWT claims. The best case is a mine.

The ADP is now relying on MEO/Kennecott for news. You would think the first lab results from the first core would have confirmed Kim by now. <<<

Any runup on Montello will make Ashton more attractive. The Montello core was leaving for Thunder Bay earlier this week, and should be there by now. We should know any day.

regards
Frank



To: DIAMOND JIM who wrote (6311)10/9/1998 8:44:00 AM
From: ddl  Read Replies (2) | Respond to of 7966
 
DJ, there may a bit more to all this than meets the eye. ACA might be conserving it's cash. Spending it wisely and I'll agree with that cause financing these days is brutal to shareholders.
See PUG's recent 3MM share liquidation for $3/4 if a mil!, not counting the warrants/options.
I'm surprised ACA still has over 12MM in the bank since the last financing. - regards - denis