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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: Robert Swaita who wrote (511)10/15/1997 12:20:00 AM
From: Graham   of 5206
 
Robert, the money or shares or combination will come from CDC. That is who received the money from us. Yes, now that Pan Asia Mining is now a 50% owner of the china mines we will probably recieve some of our money back in their stock. But the debt is now 50% Pan Asia Mining
or James Poe. Hopefully we will get it back in cash but the more likely scenario is that it will be 50% PAR stock and 50% cash from CDC.

I find it sad to read the PAR news release. This property should have been ours but Poe saw something valuable and decided that he wanted it for himself. It will be interesting to watch the PAR share value and see what could have been.

I hope KRT Management has learned that FALC and Clearwater should be our focus and keep our cash to ourselves.

Good Luck To all KINGS

Graham
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