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

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To: Steve Rose who wrote (1135)2/14/1998 5:20:00 PM
From: Zeev Hed  Read Replies (1) of 5206
 
Steve, FWIW, here is what perspective is saying:

While most of the Canadian diamond attention has been focused on Buffalo
Hills Alberta, Kensington is working in Saskatchewan. The company has found
kimberlite and diamonds on their Fort a la Corne property. The company
announced Friday that they had closed a financing on Friday for $400,000
which would fund further exploration. This stock nearly traded at the $5
level in 1996. If the company delivers some new results, we could see the
stock make a nice run again. The comeback this week was good but there are
a lot of shareholders who own stock at higher prices who may look to get
out on continued strength. KRT will be worth watching in the weeks to come

Good luck to all and may the turnips smile on you today.

Zeev
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