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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: Zeev Hed who wrote (812)12/10/1997 10:48:00 PM
From: saul mikaliukas  Read Replies (2) of 5206
 
To All ...!!!!

If any of our Kensington investors wants to educate themselves a little more on the diamond exploration business, I would highly recommend
picking up a copy of December's edition of Bull & Bear Financial Report. They have a cover story on the "Alberta Canada - The Diamond Play A Shot At Billions." The headline article has extensive
analysis on the exploration and valuation of potential diamond plays.
Of course they concentrate on the current mania in Alberta and especially hype Ashton Mining. Check it out!!!!

Just my 2 cents worth.......After looking over Ashton's results in Alberta and Kensington's in Saskatchewan I am absolutely bewildered as to why Ashton is such a great play, outside of the fact they have a sizable bankroll. The drilling results they have so far are
definately not in the same league as Kensington's. I say this because all their macro diamonds are greater than 0.5mm whereas Kensington's macros are greater than 1mm. Ashton has indeed a pipe K14C which shows great potential but, Kensington has 27 pipes that have macros over 1mm.

The problem with Kensington and partners is that they decided to deviate from the Canadian Diamond exploration standard of 0.5mm
and instead use 1mm for macro diamond counting and we shareholders are suffering because of poor management and non-existent public relations. I certainly am not discouraged by Kensington's diamond exploration prospects but, I am certainly upset about the lack of news and information since, the great China Diamond debacle of earlier this year.

That's the only reason Kensington is 18 cents and Ashton is $5.35.
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