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

To: Rocket Red who wrote (6648)	11/14/1998 12:14:00 AM
From: zedex	Read Replies (1) \| Respond to of 7966

Hi Red Is Marum Resources on Alberta, post 988 relevant? I found it interesting. Bruce

To: Rocket Red who wrote (6648)	11/14/1998 2:46:00 PM
From: Famularo	Read Replies (2) \| Respond to of 7966

>>>Frank if the market already knows .3c/p is that good then why is aca stock not at 3 bucks already.You refer to aca 13c/100t and I will say it again look where there stock is for a large company<<< Excuse me? The market does not know yet what counts K14 will have. If results are confirmed at .3c/t and a valuation/bigger samples are announced the stock will move. Do you realize what a big step that would be in the diamond exploration. If you were involved with the NWT play in 93/94, you will appreciate that this would be significance news. If Ashton does not announce plans right away, the stock may then come down as you suggested. Not sure what you mean by 13c/100t.. If I recall, I said that mines exist in Africa with counts this low. >>>All I'm saying is for the market to really get excited on aca again is that .7c/t is alot better than your .3c/t in fact twice as good.The better counts the better aca stock price will do. <<< Gee thanks,,, really? ...) sure 1ct/t is even better. The point is that folks understand the infrastructure is different in Alberta and a realistic expectation should be discussed. If indeed Ashton does report high numbers, it will be a bonus. The k14 mini bulk reported 36ct/100t and Ashton publicly stated it has commercial potential. Why would they say this with counts such as 36ct/100t. The 450 bulk sampling was required to confirm the size distribution and a decent amt of huge stones. Mini bulk had a 1.4carat stone, this 450 bulk can have either have 2 more, 10 more or 20 more. We don't know for sure. My guess is that we will have a good high quality stones in this sample. >>>If you remember JK also said mpv was a buy at 4.75 with the results they had.I sent you the Kaiser Express and take a look where mpv bottomed out 1.30 from 4.75 a difference of 3.45<<< I do get JK data and have been for a long time. As for your comments re MPV $4.75 to $1.30 is correct. However, you forget to mention that Ashton was at $8.05 and dropped to .95. Therefore, Ashton got hit hard as well. "Good news" could mean different things to different people (with different agendas). The numbers for K14 may prove to be good for someone interested in finding a mine, but not for some short term investors looking for a temporary good bounce within the next few weeks. The long term of the stock will appreciate if the news is excellent news for Ashton and LV. Ashton is a buy for a long term hold. We don't need to agree on our views and that is fine. Is it just possible that your views are based on the fact that you don't have any stock. I remember suggesting you buy the stock at $1.25 range and at that time you also had different reasons not to buy the stock and debated it the same way. regards Fast Frank