Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: IngotWeTrust who wrote (132)	8/29/2002 11:37:25 AM
From: Famularo	Read Replies (1) of 16204

I'll try and summarize my thoughts on KRT...I no longer own any KRT shares... KRT has the potential to be a world class mining operation. It is a very complex huge system and will take many many years for Debeers to assess. It is yet not clear which area of the Fort a la Corne kimberlite field has the greatest economic potential. Based on NR's 140-141 seems to be where the focus is. Krt has the one project and may be a year before any impact news is out. You can buy and hold for long term but I do not expect any aggresive trading for a year. We may hear more news about large stones over the next 12 months, but that is not what will drive the stock to 5.00 plus. The pipe is large but have yet to convince me the grade is better than LOW grade. KRT does not have much donero, approx 1mil, therefore financing will occur at depressed prices, and possibly drive to $1.50 during the financing. My two top picks, which will be generating news this fall are Mountain Province and Ashton. My prediction is both will see double values by Christmas. ...frank

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