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: average joe who wrote (1978)	6/12/1998 12:30:00 PM
From: Miles	Read Replies (1) of 5206

You say <<the problem is there is nothing to trigger development in the JV>> I don't know how you come to that conclusion but give me a break. If they do prove an economic deposit, and make plans for a mine, do you really think they will have trouble raising money? I don't think so. Anyway, I don't think it would ever come to that. Debeers would most likely make an offer to buy them out before plans for a mine were even laid out on the table. They would want total control and would not risk giving some of it up to someone else. They would probably tender the offer early to possibly buy them out at a cheaper price, or so they would hope.

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