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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: BUDDY MOYNIHAN who wrote (1609)4/16/1998 11:08:00 AM
From: mf160  Read Replies (1) of 5206
 
Exactly
the share price has nothing to do with
the property.
It is all about uncertainty.
Over the last year to year and a half
the shares have been diluted and for that
we got the privilege of giving the money away
and almost losing FALC.
This company needs a mix of businessmen and miners
and at presnet all we have is promoters.
Another stock I own has gone through this and the
price go beat up but they have since moved to align
the board to look like a mining company.
Now they are in the process of proving up the property.
Krt should find some big money (rights offering)
and then demand that this property be evaluted in a
realistic rate of speed.
At the rate they are drilling any carbon that isn't diamonds
yet will be when they complete their drilling.
good luck
Moreno
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