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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: Miles who wrote (642)10/30/1997 4:22:00 PM
From: Richard Cushnie  Read Replies (1) of 5206
 
I talked with Cam Gardner today and was able to confirm what Miles has told us. The company is in no danger of going under. They have enough money to keep going and will soon be announcing a pp for about $200,000. This should be about the middle of next week. Also KRT is waiting for VSE approval for getting the Pan Asia shares. There should not be any problem with this and it should be approved soon. All the rumours about a roll back in the stock are false. There will be no roll back! There are obviously some people out there who are manipulating this stock. They probably just want to pick up cheap shares because they know that those results when they come back at THE END OF NOVEMBER (not next year) are going to be good. All you have to do is look at the grab samples. Those grab samples were spectacular! They even found a macro in one of them. I am not at all worried about Kensington and will hold onto my shares. Like someone previously said the market is run on fear and greed. Well, it seems KRT is beeing run on fear right now and the best way to get rid of that is to do your DUE DILIGENCE! I would recommend you all phone Cam at KRT (681-0377) and get this info for yourself.
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