Kensington Resources Ltd. (V.KRT) * Diamond in the rough! Message Board

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

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To: Miles who wrote (1346)	3/18/1998 9:44:00 PM
From: Graham	Read Replies (2) of 5206

Hello Miles & Buddy I have not contributed much to this thread for a while now and find it interesting to read all the new posters comments. Most of the new people are in it for the quick buck. Their timing is usually off and they buy after a small run trying to get rich quick and they get upset when they buy to high and see a 20% pull back. The shareholders that believe in the property are in for the long term and are usually the ones with the informative posts. The garbage posters are just mad because the get rich quick routine is taking to long. This is a speculative investment and people who don't treat it this way may get burned. If you can't take the 20% to 80% decreases in speculative stocks and don't have the patience to hold on to paper losses with out getting everyone else upset then you should probably find other types of investments to be in. As the long time KINGS have indicated in the past this project will take years to come into production. The potential of this property is enormous and as the results come in the long term shareholder will be rewarded. The day to day flucuations in the market mean nothing if they do to you then this is not your type of stock. People who indicate that this stock is a dog should cash in their KRT shares and find something else. Peter Lynch always said "if you think you own a dog get out and cut your losses". Just a short time ago KRT owned only 25% of this property now rumour has it we may now have 45%. Yes maybe the stock price is not a true indicator of the value of KRT, but as a long term shareholder I feel this increased my portfolio potential exponentially. Remember you must have patience with speculative stocks. Bashing other posters is not needed. This is a thread to exchange information and ideas with other shareholders. The pending news releases will probably indicate that this years drill program will be the other 3 holes that have shown good results in the past. Buddy & Miles have indicated that the up coming drills for 1998 should be interesting. I hope that part of the drilling for this year is a 500, 1000 or 5000 tonne drill on the best hole of last years drill. Time will only tell if my 1998 wish will come true. Again I would ask for calm and informative posts. We are supposed to be helping each other. Good luck to all KINGS Graham

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