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


To: david f. dempster who wrote (6465)11/4/1998 1:08:00 PM
From: DIAMOND JIM  Respond to of 7966
 
But no one is stepping up to the plate! Regards DJ



To: david f. dempster who wrote (6465)11/4/1998 8:44:00 PM
From: Famularo  Respond to of 7966
 
Technically the Ashton stock looks impressive. 1000 shares traded at $1.79 and the rest traded ALL at $1.85... Traders are not in yet and won't unless K14 results are impressive.

Support seems to be good at $1.70 to $1.80 and it seems that buyers are having a difficult time getting filled with limit orders unless they hit the ask! Why don't they go at market? What for! Still a few impatient investor who can sell a few thousand shares at the bid and may fill your pockets. The only time I would suggest to buy Ashton at market is if you're injecting funds for a hold of 12 months or more. If you are going to trade this thing, no point buying at market unless news is as good as I am hoping for. I sense the spread between the bid and ask is starting to widen and that is normal for Ashton and again, if you plan to hold it for a while, it makes no different if you pay $1.80 or $1.90. You will notice that when it moves above $2.00, the bid and ask can vary as much as a quarter...

regards
Fast Frank