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

To: Famularo who wrote (6503)	11/9/1998 9:54:00 AM
From: Steelguy	Read Replies (1) \| Respond to of 7966

small volume..but she is starting to activate here Frank. :o) sg

To: Famularo who wrote (6503)	11/9/1998 10:29:00 AM
From: Jesse	Read Replies (2) \| Respond to of 7966

Thanks for posting that Frank! What can I add? ;) I'm glad you've reigned in the misunderstood (but proportionately appropriate!) enthusiasm here. Folks need to realize that even an average grade of 30cpht ("carats per hundred tonne", or 0.3cpt) is excellent given the v. low extraction costs in Alberta (again, due to the accommodating logistical advantages that the AB environment offers). A grade of 30cpht can be viewed as the equivalent of up to 5 to 10 times that number in the NWT (proportionately), depending on stone values (which, as a bonus, is rumoured to be high in AB), etc. These ACA Alberta near-surface, open-pittable kimberlites offer very high profit potential -- it's feasible that anything over 15cpht is, economic. This is my opinion, remember! Other factors, such as fancies (colored gem quality diamonds), larger stones (value increases factorially with gem size), and more, affect profits markedly-- to the positive. Few actually are aware of this it seems, and Ashton would just as soon keep it that way until things are sewn up further. Regards, -j :> PS -- ACA smelling good this a.m. PPS -- your comment re. going onto a major bulk sampling by ACAjv can be seen as a true indication of the economic viability

To: Famularo who wrote (6503)	11/9/1998 8:15:00 PM
From: Rocket Red	Read Replies (1) \| Respond to of 7966

Frank If Ashton was expecting your counts,I don't think they would have spent millions. Frank I understand the diamond markrt very well First of all I'm talking about the market likeing the numbers and if they come out with .3carats p/t the market will shit all over aca and tax loss selling will be for sure. As for your theory "I don't think aca would have spent millions." If they don't spend its pretty hard to find anything just look at the summer program there was none Aca is conserving cash as they will need more cash in a years time. Aca has not told us what the quality is or the values and I don't expect them to tell us now after this sample they will say it is not representive of a small sample.