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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sapper who wrote (1710)	4/30/1998 10:15:00 AM
From: BUDDY MOYNIHAN	Read Replies (2) of 5206

hello sapper and all: currahee - 1693 - my advice is also don't listen to me.... someone asked if debeers buys out krt at what price would it be for. i replied $8-10 in about 2 years. you make it sound like they don't have to have consistent and good drill results for the next 2 years.... that they will be purchased tomorrow. NOT! THEY DO have to have good results or else krt will be lucky to be at your 20 cent prediction in 2 years..... debeers isn't going to buy them without a reason.... drilling reveals whether you have a good property or not. if you do the s/hs profit. if not, move on to the next company..... NO ONE SHOULD LISTEN TO ME OR CURRAHEE OR ZOLI OR EDDY OR.... do your own dd and make your own decision. it's not my money, it's yours..... thank you for pointing that out currahee. in a backhanded way you have helped the thread. i believe the goods are there and debeers can't afford to let them be mined yet..... - david - 1697 - alot of people haven't been around for the length of time we have (i'm not bragging about it believe me....). i'm glad you made money on krt. i hope you make alot more. no one needs to defend me. i have made many mistakes. i have been attacked fairly and unfairly. it goes with the responsibility i have assumed. should i have assumed it? that's for another post..... i know, i know, thank god! :-) - doug - 1698 - will do doug.... - joe - 1699 - i am just amazed at the conversation you had with david stone..... i don't know where to start and i have to admit i might not know as much about the jv as stone but some clarifications need to be made. right now krt (and therefore debeers - they both have the same % and will until the HOPEFUL buyout) owns 30%. if cameco doesn't go forward we are looking at 45%.... the 3.3% that david has mentioned could be that the uranerz' 10% needs to be split evenly among the 3 partners. i don't know..... but if that is the case we are then looking at 48.3% of FALC instead of our current 30%.... yes cameco can get back into the jv by paying penalties but if they side with debeers on every issue (as has been the case so far and the reason imho why we are in the shape we are in right now) when they get back in i say get away from the jv..... of course if they get back in we can say there is something there or why else would they get back in? but we would stay at the snail's pace we are currently at. there are pluses and minuses..... as for the pp part of your conversation, let me be clear. the pp appears closer to being done than i thought as it appears that the vse will accept the latest submission. i hope this is the case. our moving up is obviously dependent on the pp closing.... - edward - 1700 - "another good buy opportunity"?? you just brought back many a nightmare for some krt loyalists.... ouch. - ducks - 1701 - vantage enterprises? ouch.... - eddy - 1704 - eddy, they just got sgf to do it and it didn't cost krt a penny.... they did hit something on their joint property. i am just not that interested yet to find out which one was the joint property.... i have a pp on the mind problem.... - buddy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next