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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Sieg	9/20/2005 10:23:34 PM
	Read Replies (1) of 5206

KRT is about to vote tomorrow on a proposed merger with Shore Gold (SGF). If accepted, I believe one share in KRT would net about 0.64 shares of SGF. Prices in both stocks have surged forward in the last while, apparently in anticipation of the union. The merged SGF company would then own 100% of the SGF holdings and about 42% of the FALC J.V. interests. I think had we gone for a TSE listing, we'd be closer to the price of SGF; but ownership in the Star body means we may have ownership in a mine much earlier, providing its found viable - while we wait for the J.V. to decide what they have and if they will proceed. I'm hoping for big returns.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next