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

To: Famularo who wrote (7293)	4/28/1999 1:36:00 PM
From: Sudhir Khanna	Read Replies (2) \| Respond to of 7966

The results, as presented, are very encouraging. It is unfortunate that ACA does not provide much detail in the releases. BH - 255, BH - 155, WP (1998) and K14C all intersected kimberlite at approximately the 30m level. I have always speculated that the complex may represent different layers of kimberlite, each with its own level of mineralization. ACA also referred to bed-like formations in the same release as the discovery of the new kimberlite bodies (without specifing which kimberlites had bed-like formations). The K14 complex will command a closer look. ACA needs to assess the grade on a layer by layer basis (assuming the diamondiferous body is layered). This will give us a better indication of potential. Even with the lack of available information, ACA represents a good trading opportunity (take profits as it moves up). I hope they bring back much needed exposure to the developing ADP. Declaration: I do not own ACA and have not recommended it in the newsletter. I do comment on it from time to time in relation to ADP picks followed by the publication, such as Marum (MMU.c). Sincerely, Sudhir Khanna, P.Eng. Editor, The RESOURCE INDICATOR goldsheet.simplenet.com Free Trial: mailto:khannas@interlog.com?subject=SI_ACA