posted June 10, 2004 23:29            

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Originally posted by pharmdman:
that low? I was thinking that everyone sitting on the fence will try to get in Monday before the details are released and the price starts to climb ... don't get me wrong, i'm not expecting dollars (or even pennies) for Monday, but I was thinking a little higher... like in the lower double digits... but what the he\\ do I know!.... one thing's for sure, if it stays that low, I'm in for more!

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posted June 10, 2004 23:30            

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that low? I was thinking that everyone sitting on the fence will try to get in Monday before the details are released and the price starts to climb ... don't get me wrong, i'm not expecting dollars (or even pennies) for Monday, but I was thinking a little higher... like in the lower double digits... but what the he\\ do I know!.... one thing's for sure, if it stays that low, I'm in for more!

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Sorry about that pharm, my guess was in dinars!

posted June 10, 2004 23:31            

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Originally posted by Upside:
originally posted by pharmdman:
Assuming no other news is released between now and then, my guess is .0009 tops.

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posted June 10, 2004 23:36            

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.0009 ??? Now you are being overly cautious. Regretfully I have tried to process what you and Power have been posting in the most positive way, but I'm sorry I just cannot agree with that. I now believe your and Power's only option for victory here is to surrender to the real facts, and stop trying to discount them.
I cannot understand how you can firmly hold that position when time after time you have to give more ground and revaluate your position as facts are revealed. I am a dubting Thomas, but I certainly don't discount and dismiss facts when they are presented to me. A couple of months ago, I laughed at people that were buying CMKX, now I drink there grape KOOL AID. Please be more realistic with your opinions.

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posted June 10, 2004 23:40            

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Originally posted by Upside:
originally posted by pharmdman:
Sorry about that pharm, my guess was in dinars!

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posted June 10, 2004 23:43            

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Originally posted by Booty Quest:
Farmy's email said he was 90% sure we'd hit .0099 by late afternoon. Now he's back peddling.

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posted June 10, 2004 23:44            

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Originally posted by Upside:
originally posted by will:
I don't think that a 50% rise in the pps in one day based on todays news is unrealistic or conservative. This was expected news. It will fly when they release good news on the size and quantity of the diamonds.

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posted June 10, 2004 23:47            

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Originally posted by pharmdman:
Now THAT must be in Dinars! LOL... Booty, you know these people are going to believe you!

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posted June 10, 2004 23:50            

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Originally posted by Booty Quest:
Who? Little ol' me? Okay okay... but your pps guess got my nipz a little perky. I hope you're finally right for once in your entire freakin' life! Just this once!!!

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posted June 10, 2004 23:54            

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Do you have any idea how bottled up this thing has been? Do you have any idea how the word-of-mouth has spread the symbol CMKX? I called my brother in New Orleans, (I live in Chicago), He owns a few stocks, but never toked on the addictive penny stock pipe. I told him there is a diamond mine stock I want you to look at buying. When I told him the symbol, he said, yea, ALL the guys at work are on that one already. That was last night, he bought 720,000 shares @ .0007 today. My opinion is this will not be able to be contained Monday. It might open at that .0006 / .0009, but it won't stay there this time. Call me crazy, but there will be a FRENZY. OK, I won't hedge, I will go out on the limb, the very least .0015, the most .0025, Well, a 10 tick spread, I guess that is a hedge, but no way will it close at .0009.

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posted June 10, 2004 23:55            

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Originally posted by pharmdman:
I was right once this week!... when I said you were on my team! LMFAO... HOHOHO... HAHAHA... LOLOLOL.... j/k sweetie! LMFAO...

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posted June 10, 2004 23:59            

quote:

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Originally posted by Upside:
originally posted by will:
Yeah, I agree that it's bottled up but I don't think this is the news that's going to force the cork out. Again, this was news that was pretty much a forgone conclusion. They need to release positive news about the size and quantity. Then you'll see an explosion. All the better if your prediction turns out right but for now, I'll stick with my .0009.

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posted June 11, 2004 00:01            

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Originally posted by Meshoe45:
Am I correct to assume that if this were to gap in the AM on Monday - that it would eventually have to head back down to fill the gap? Or is that not always the case?

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You may be right. It's a completely psychological phenomenon. They may even do it to to keep it from going too high, cuz if everyone is afraid it's gonna come right back down, they'll be selling after smallish profits and/or not buying too high. QBID gapped around 0050 and took weeks to come back down, so who knows. But the day it filled the gap it shot back up just as quickly (5-10 minutes) and made me a HUGE profit. I got lucky, though, sometimes they won't fill your buy order on the way back up, but I put in a much higher bid to be sure and it filled pretty quickly.

posted June 11, 2004 00:03            

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Was it expected? Forgive me, but I am too lazy to look back on the thread and see if when the last two PR's regarding Edwards & Angell were made public if you took the position that there were diamonds, or that action was to just get a stock audit and expose the naked shorting? Do you recall what you thought then?

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posted June 11, 2004 00:05            

[QUOTE]Originally posted by Upside:
I was silent on that issue

posted June 11, 2004 00:13            

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....but you expected there were diamonds?

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posted June 11, 2004 00:20            

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Originally posted by Upside:
originally posted by will:
I get the feeling you're trying to bait me into something here, but to answer your question, if they in fact did everything they claimed to have done, drill and send out core samples for analysis, my answer is yes, they had an 80% probability of finding diamonds based on the pipes in Saskatchewan. In addition to that this is land that Debeers has supposedly drilled on before, found diamonds, but not in a quantity to make it economically feasible for mining.

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posted June 11, 2004 00:23            

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No, I am not trying to bait you into anything, if it seemed that way I apolgize. You ae a very articulate poster. Your positions are lgically written and can lead people to ocnclusions. I freely admit they affected my judgement some days, because you are a gifted writer, and can express yourself well. I forget my responisibility to be objective sometime, but in my case it is more forgiving because hopefully no one pays much attention to my nosnese. I respect your opinions, and enjoy being part of this with you.

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posted June 11, 2004 00:25            

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Originally posted by Power106:
I am not defending upsides position will but I must say that the announcement today was expected by me too.....It really says much of nothing except that there is a possibility of diamonds worth mining. Something that we all pretty much knew already. Urban is a good marketing guy. He might be a good diamond miner.......

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posted June 11, 2004 00:40            

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Originally posted by SAMSON123:
Ok, you have two kinds of people. The glass half full people and glass half empty people. I do not feel like anyone is here to bash or pump. I think the half empty people say this stock will not move just to not get their hopes up, and the half full say let me dream about the millions. Whatever kind of person you are it's ok. As for me, I already have my millions spent.

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posted June 11, 2004 00:57            

quote:

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Originally posted by SAMSON123:
Ok, you have two kinds of people. The glass half full people and glass half empty people. I do not feel like anyone is here to bash or pump. I think the half empty people say this stock will not move just to not get their hopes up, and the half full say let me dream about the millions. Whatever kind of person you are it's ok. As for me, I already have my millions spent.

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posted June 11, 2004 01:08            

For Immediate Release
June 9, 2004
Toronto Stock Exchange
Trading Symbol: ACA

RENARD 3 SAMPLE RETURNS 1.82 CARAT DIAMOND AND 153 CPHT

RENARD 10 DIAMONDIFEROUS

Robert T. Boyd, President and CEO of Ashton Mining of Canada Inc. (“Ashton” or the “Corporation”), is pleased to report an estimated diamond content of 153 carats per hundred tonnes (“cpht”) for a 5.11 tonne mini-bulk sample collected from the Renard 3 kimberlitic body in 2003. The largest diamond recovered weighs 1.82 carats. Caustic dissolution analysis has also confirmed that Renard 10 is diamondiferous. Both bodies are situated on the Foxtrot property in north-central Quebec where Ashton and its joint venture partner, SOQUEM INC. (“SOQUEM”), are currently conducting a bulk sampling program.

Renard 3

Renard 3 lies at the south end of the north-south-trending group of nine kimberlitic bodies that constitute the Renard cluster. The 5.11 tonne sample was collected during the summer and winter of 2003 by drilling 11 core holes. The sample consisted dominantly of kimberlitic breccia with lesser amounts of hypabyssal material, country rock and country rock breccia.

Ashton processed the sample at its North Vancouver laboratory using the Corporation’s recently commissioned five tonne per hour dense media separation (“DMS”) plant. The sample returned 7.81 carats of diamonds larger than 1.18 mm using a square aperture screen giving this material an estimated diamond content of 153 cpht.

A 4.88 tonne sample collected from Renard 3 in 2002 returned 6.54 carats of diamonds larger than 0.85 mm using a square aperture screen for an estimated diamond content of 134 cpht. As shown in the table below, the cumulative 9.99 tonnes of material collected from Renard 3 to date has returned 14.35 carats of diamonds for an estimated diamond content of 144 cpht.

Renard 3 DMS Diamond Results
Date Reported

Sample Weight (tonnes)

Weight of Diamonds Recovered (carats)

EstimatedDiamond Content (cpht)
June 9, 2004

5.11

7.81(Note 1)

153

December 18, 2002

4.88

6.54 (Note 2)

134

Total

9.99

14.35

144

Note 1: All diamonds are larger than 1.18 mm using a square aperture screen.

Note 2: All diamonds are larger than 0.85 mm using a square aperture screen. The largest diamond was a 0.73 carat colourless composite crystal.

The four largest diamonds from the 5.11 tonne sample weigh 1.82, 1.01, 0.73 and 0.70 carats. The 1.82 carat diamond is a colourless octahedral crystal with uneven surface characteristics and the 1.01 carat diamond is a pale brown octahedral crystal.

To date, approximately 57 tonnes of material collected from the Renard 2, 3, 4 and 65 kimberlitic bodies within the Core Area of the Renard cluster has been processed by DMS. This material has returned approximately 41 carats of diamonds giving the cumulative sample an estimated diamond content of 72 cpht. These results also confirm that the four kimberlitic intrusions contain a significant population of commercial-size stones. As announced on January 19, a principal objective of the 2004 exploration program is the collection of a 600 tonne bulk sample from the four bodies to further define their size and diamond content. The estimated 300-carat parcel of diamonds that the joint venture expects to recover will provide the basis for a preliminary determination of diamond value.

The joint venture is now proceeding with processing 220 tonnes of material collected this past winter from Renard 4 and Renard 65. Forty tonnes collected by core drilling will be processed in North Vancouver using Ashton’s recently commissioned DMS plant. The remaining material was collected by reverse circulation drilling and will be processed at a commercial facility. Results are expected in the third quarter. The remainder of the 600 tonnes will be collected during the summer and fall field season that will commence early in the third quarter.

Renard 10

Renard 10 is the most northerly Renard body and is situated approximately two km northwest of Renard 3. As reported on October 20, 2003, Renard 10 was discovered during the summer of 2003 by drilling two angle holes in opposite directions across a subtle geophysical anomaly.

A 187.8 kg sample of core from the drill holes was processed for diamonds by caustic dissolution at Ashton’s North Vancouver laboratory. The sample consisted dominantly of hypabyssal kimberlitic material with minor amounts of kimberlitic breccia. The table below presents the results of the caustic dissolution analysis in square mesh sieve format.

Sample Weight (kg)

Numbers of Diamonds According to Sieve Size Fraction (mm)

Total Number of Diamonds

+0.100

-0.150

+0.150

-0.212

+0.212

-0.300

+0.300

-0.425

+0.425

-0.600

+0.600 –0.850

+0.850 –1.18

+1.18 –1.70

+1.70

–2.36

187.8

30

11

11

5

4

1

1

1

-

64

The joint venture will consider additional drilling on Renard 10 as a part of future exploration programs.

These results confirm that all nine bodies discovered to date within the Renard cluster are diamondiferous. In addition, the results of indicator mineral sampling suggest the potential for the discovery of additional kimberlitic bodies on the Foxtrot property.

SOQUEM is a wholly-owned subsidiary of SGF Minéral inc., a subsidiary of Société générale de financement du Québec (“SGF”). The mission of the SGF, as an industrial and financial holding company, is to carry out economic development projects, especially in the industrial sector, in cooperation with partners and in accordance with accepted requirements for profitability that comply with the economic development policy of the Government of Quebec.

Ashton is the operator of the joint venture’s exploration programs. Brooke Clements, Professional Geologist and Ashton’s Vice President, Exploration, is responsible for their design and conduct, and for the verification and quality assurance of analytical results.

For more information, please contact:
Robert T. Boyd
President and CEO
(604) 983-7750
contact@ashton.ca Brooke Clements
Vice President Exploration
(604) 983-7750
contact@ashton.ca

posted June 11, 2004 01:12            

quote:

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On the surface that very well maybe the case. However, I am relatively new to this, and very unsure at this point. That is my shortcoming, and I own it. I do read posts as advice, and sometime it has cost me. On 6/2/04 I identified 8 stocks that I thought had potential. One was MBAH, I posted the news and put it on my watch, no one commented in the thread, 0 posts. Lacking confidence and experience, I watched, I watched go up to freaking .06 from .0078. GXXL was on that list also, but, someone did comment on that one, advised me it was being run out of a house by a fellow earning his MBA, well it went from it's 52 low of .0013 to .0030 today, I was a spectator there also. The other 6 also had ups and downs, not saying I would have beeen in out at the proper time, but they were all good picks. My point is there is some responsibility in posting opinions. Agreed it is my responsibility in playing what I believe in, to the brave goes the fortunes, blah, blah, blah. At this point being unsure I do tend to be conservative in the amount of money I risk, and lack confidence in my picks. I saw someone that is held in high regard spook the crap out everyone on the QBID thread with one ambiguous post. Now you may call me a sheep, or a fool being led to slaughter, but I just think along with experience, and know how, comes the responsibility to know that what you're saying may have an impact on others. Why do we voice opinions? Is it convince ourselves, or to convince others. I think it's a bit of both, to convince ourselves, and when we are correct to hope people look to us for advise.

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posted June 11, 2004 01:16            

"These results confirm that all nine bodies discovered to date within the Renard cluster are diamondiferous. In addition, the results of indicator mineral sampling suggest the potential for the discovery of additional kimberlitic bodies on the Foxtrot property."

Only four of five pipes bodies for Urban?

posted June 11, 2004 01:18            

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Originally posted by will:
Was that their first PR regarding the core smaples?

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Not sure Will. Here is the link w-w-w. a-s-h-t-o-n-.ca/news/newsrelease.html

What I can tell about it, which isnt much, but it is a lab report. IF you go look at it you will see some more things that wouldn't copy.
I don't own any of this stock but feel it will run Monday probably cause I know the CMKXers have been desperatly waiting for somthing. So I wish I was in.. But thats the way it is.

posted June 11, 2004 01:21            

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Originally posted by Upside:
... Hey pharm, you remember his name?

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Naaaa'aaah! Not me!

But someone else might..
And he might be lurking...
Right now even...
Though I could be wrong...

Sometimes I am....
Upside normally isn't...
Could be though...
Krazy isn't it...
So I cheated on the previous line...

posted June 11, 2004 01:27            

quote:

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But someone else might..
And he might be lurking...
Right now even...
Though I could be wrong...

Sometimes I am....
Upside normally isn't...
Could be though...
Krazy isn't it...
So I cheated on the previous line...

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posted June 11, 2004 01:28            

quote:

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Originally posted by Upside:
originally posted by pharmdman:
Oh that is just too good! I truly am LMAO right now! I gotta save that one!

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