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

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To: zoli bognar who wrote (1992)6/12/1998 11:17:00 PM
From: Maher Sid-Ahmed  Read Replies (1) of 5206
 
Zoli, Re:"time to stand up and protect our investment before to late. Regard ". The market decides the value of the stock based on news, fundamentals, etc. Negative or positive posters have no effect on the share price. If it did then the share price should never have dropped from $4 to a low $0.16. All along the steep descent this thread was still upbeat on the stock. The facts are there, KRT and JV have staked the largest cluster of kimberlites in the world and have shown that these are diamonds bearing clusters. The rest of the market is looking at other facts: cash problems, bad moves by previous management, no real promotion and no coverage by experts in the mining industry. Some of the negatives are improving and the stock is obviously under accumulation. Once institutional investors jump in they will promote the stock all the way to only God knows where - maybe somewhere between $4 to $8 - same as they did with Ashton.

Maher
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