Kensington Resources Ltd. (V.KRT) * Diamond in the rough! Message Board

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

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To: Steven R. Michaud who wrote (4191)	8/4/1999 12:37:00 PM
From: average joe	Read Replies (1) of 5206

Uranerz was the last operator I know of, then I think the ball was passed to Monopros. The operator can propose programs and advance the project with notice to partners. I think the notice period with this jv is 60 days, so if Monopros asked KRT to pay their share of a mine development (say $200,000,000) KRT would have that long to pony up the dough (or suffer dilution). Sorry Miles, their is your word again! aj

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