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

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To: saul mikaliukas who wrote (966)1/19/1998 10:19:00 AM
From: BUDDY MOYNIHAN  Read Replies (1) of 5206
 
hello saul and all:

miles - post 957 - terry kirby is involved with a company called rfid (that's the ticker on the otc bulletin board). rfid and krt share an office in vancouver so when terry is at krt he really is at rfid.... as for the rumor about the 0.7 carat stone i believe it is true... imho big deal!! they put down the big drills so we should have gotten some bigger diamonds.... we did. krt has "feelers" out to about 3 or 4 serious groups (probably 8-10 non-serious) about financing but there is that one "institution" that they like because this institution would mean they would stay in power.... as for cameco, their gold mine is over budget cost-wise but their gold production is way ahead of projections so i'm not sure about its impact on the decision process. imho cameco will probably go so they can "focus" on their two main items, uranium and gold.... a note to all. if we get a news release then a financing as terry kirby told miles we won't get the big jump i was hoping we would as this institution would probably be shorting us to get a better price after the drill results. what we really want (imho) is a financing followed by the drill results. this would mean more buying (yes more dilution too...) as the "institution" would be with us not against us..... just my 2 cents....
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doug - post 958 - terry does deserve alot of the credit for the $4.90 run..... it actually feels like 5 years ago by now....
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richard - post - there is a 0.7 carat diamond..... they aren't all that size unfortunately but the quality is the key. i, of course, expect a high valuation for that stone.......
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michael - post 963 - stone and newall are doing a pathetic p.r. job michael. you let me know whom you want to speak with and i'll provide the phone number...... as for cameco's funding..... if an institution is going to fund 600k then they wouldn't mind funding 900k..... the problem is the first 600k.... monopros isn't committed yet (neither is krt for that matter) but will be come time for the jv meeting....
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miles - post 964 - the rumor of the 0.7 carat stone did circulate around the jv partners so i don't believe it to be a rumor.... the luc rombouts report has already be completed so it will be out with the news release.... cameco has been nothing less than a big delay for us so good riddance if they go... monopros has been aggressive with respect to more drilling, always have been....
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saul - post 966 - the amazing thing about that wording is that monopros o.k.'d it for release...... in other words they believe it..... something to think about and buy for..... great points saul.
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buddy
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