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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: I_C_Deadpeople who wrote (1886)5/29/1998 10:35:00 AM
From: Mike G  Read Replies (1) of 5206
 
Eric in response to your 3 questions -

There is money left for promotion, part of that promotion is having an office staff to be able to do so, I am sorry I over-looked that.

It is possible that Kensington could become the operator since Uranez is out of the way. He mentioned that the contract for the drilling would be put out for bids, which indicates definite involvement in being the operator of the site.

The flow through shares are already in the works, and it will be about 6 weeks before this would be finalized. That means the drilling rig could be on site in August.

With Uranez disappearing, it looks to me like this has strengthened the KRT position.

These people are believers in what they have. They have put up the money to prove that. Cam indicated to me that he even purchased shares at the $4.00 level when they were at their peak.

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