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


To: Jimsy who wrote (7204)3/17/1999 11:34:00 AM
From: JP  Respond to of 7966
 
Jimsy -good reply -forget the book.

However - your comment
<<And if current management don't know how to manage, direct resources, choose projects, make deals, to enhance company value, then they are proving themselves to be unworthy of the trust of the shareholders.>>

Doesn't necessarily take into account the 'good luck' portion of the mineral finding game. I do completely agree that a company needs to have more than one poker in the fire and to be always actively pursuing more. Ashton appears to be short on this vision -but then you have to consider how much territory they have staked and un-explored.

The share value on the market can never be equated to the book value of the company due to the 'spec' nature.
JP



To: Jimsy who wrote (7204)3/17/1999 1:46:00 PM
From: Jesse  Read Replies (2) | Respond to of 7966
 
Ashton showing a lil bit of strength this mornin'.... <end>