SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: average joe who wrote (1935)6/8/1998 11:06:00 AM
From: Luke12_15  Read Replies (2) of 5206
 
Good job A.J. You are correct.

I believe that when speculating you are misguided if you are not prepared to carefully examine the facts, no matter how distasteful they may be. I got caught when the China deal blew up last year. I should have cut my losses but instead I held on. Never again. Had i sold then I could have easily made back those minor losses when KRT doubled from .20 to .40 . I say this because i still believe in FALC. I sleep at night because i still think KRT might have enough ability to "make it". The china deal showed me one thing, Nothing is secure.
If anyone on this thread asserts that they know what will happen,good or bad, don't you believe them!! Or me for that matter. KRT remains a very high risk speculation/investment. Its up to you to decide.

I think Ave. Joe Is absolutely correct. KRT is dead in the water untill this years drilling results come out. Based on experience that report should be out next spring 1999. In fact KRT is not out of the woods YET!. I believe They still have to come up with more money for the drilling !.

The only thing that will move KRT now is HYPE and promotion. Such a move will be short lived and will provide an excellent momentum/shorting opportunity If the much talked about promotion ever materializes.
By next Dec. 31(year end) KRT should be very near .20 Again.

No investor should seriously look at KRT now.
No speculator would look at KRT untill Trading vol. warrents their attention. A hype based, short term, momentum play i call GIGO or "get in get out" My only hope for profits this year is if the promotional ballyhoo can fool enough newbies into giving me their money at or above my breakeven and then i'll wait for .20 with ave. joe.

I believe in FALC, i'm not so sure of KRT.

Good luck to us all in any event. Steve J
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext