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Gold/Mining/Energy : Kensington Resources
KRT 21.94-0.3%Dec 5 9:30 AM EST
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To: Zeev Hed who wrote (811)10/1/1996 9:00:00 PM
From: Don Plant   of 5597
 
Zeev; Just another thought on DeBeers and the price of diamonds. From what I understand several of DeBeers S. Africa mines are in their end phase of mine life. In order to keep control of the market the one thing DeBeers needs is the ability to flood the market at will.

I admit this conjecture on my part but that is the only way I know of to control prices on anything. If this is true then Fort A LaCorne could figure very heavily in their future.

PS: Can anybody explain to me how Cypango CAV-V is worth 1.40 a share when all they have, to my understanding, is several blocks of played out territory in the NWT. They have nothing but hype going for them and we see KRT at 1.65. with drill cores on their way to the lab from clearwater and diamond counts coming from FAC. and the Co. supposedly out promoting big time. Even if there is nothing in this ground antisipation of these results should at least move the share price marginally higher...not lower.

If any of you have ever seen the likes of this before please post. I am still convinced that this market is being controlled by someone with serious cash. Of course I may be wrong but every type of speculation has been posted here already and I'm entitled to mine as well.

Thanx to all for your encouragement .
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