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

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To: Sieg who wrote (4055)6/24/1999 5:18:00 PM
From: Bart Sampson  Read Replies (1) of 5206
 
Yo All;

Some things to think about:

Results will almost certainly not come before the AGM, and Mr. Stone will not want to face angry shareholders so he'll pony up some of his own cash to shore up the stock price at the $0.50 mark for the few days surrounding the AGM. Could be good to buy in at the low $0.30's right now and sell around the AGM for a tidy profit? :) I tried to buy today in the low $0.30's and there were none to be had. Maybe tomorrow.

Results will come (in time) but if they are anything less than spectacular, how much will the stock move? What I mean to say is, if the results say basically the same thing we already know, ie. that there are lots of microdiamonds present etc., we will be sentenced to another year of uncertainty. The stock may not move until actual diamond production starts, if it ever does.

Please note that these are in no way predictions of what's coming up, I'm just trying to get some more constructive chatter going here...

Thanks all.

Bart.
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