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

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To: Garry K. who wrote (1966)6/11/1998 1:34:00 AM
From: average joe  Read Replies (1) of 5206
 
Hello all -

The diamond joint venture in the north you described with
Monopros is a different animal than the one in Saskatchewan.
There is no mechanism to ever develop a mine in the prairies.
The joint venture in the north stipulates that for Monopros
to stay in they must every year advance the project to a mine
development or get out. The Saskatchewan jv from what I've
heard never has to do this - it is run by committee... and we
all know how that works. That is about as ambiguous as Miles
tracers.

over and out - aj
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