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: Luke12_15 who wrote (1947)	6/10/1998 12:07:00 PM
From: I_C_Deadpeople	Read Replies (1) of 5206

The auditors report is standard for the Industry...if you have no Revenue and you depend on financings for exploration cash, you ARE a going concern.... China deal was a cash drain to the extreme, but it is a done deal, onward and upwards(?).....Last time I spoke to Stone about clearwater he indicated that they are likely to renegotiate the Clearwater JV earn-in as neither KRT or Cameco have much interest in it at this time...feasibilty and development? Who cares..way down the road...KRT needs cash and more drilling and some management improvements..other than that we are in good shape.... EW

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