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

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To: Falcon095 who wrote (4417)11/1/1999 9:24:00 PM
From: average joe  Read Replies (2) of 5206
 
What fire sale, $0.12 cent was where it was being set by the insiders of this boat of dreams. If you look at this company over the past 7-8 years they consistently take it down and then triple it up. DeBeers has no immediate plans for FALC. The work that is going on is strictly to keep the assessment up. Nothing is being done to advance the project. The diamonds can be warehoused 100 metres below ground until such time that the cartel needs them, and they don't need them in the near term. 2050 should be very interesting.

aj
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