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)	6/13/1998 12:42:00 PM
From: Luke12_15	Read Replies (1) of 5206

Thanks to all who have responded to my post. Is KRT going to use some of the recent financing to fund a promo/hype??? Perhaps they will try and get the stock price up and generate enough interest in KRT to then do another PP at a higher price???? I suspect that is the only way they will have enough money to continue funding the drilling for this year. I just wonder if they are short on money how can they justify spending any on promotion unless they plan to try another PP???? hmmmmm more dilution. Who the hell cares if they are a day or two late filing some stupid paperwork!!! with the VSE. I say keep them waiting. God they have kept us all waiting in the past!! Ladies and gentleman there is only one real issue here that still needs to be proven! Carats per ton of kimberlite Despite the impressive size of FALC if those carat numbers don't improve we are in trouble. right now all we have is around a quarter carat per ton. YES that could be mined at a profit but only if all the variables remain the same. If any of those variables change ie if the price for diamonds goes down. Then the operation loses money. NO company is going to risk that. A company is only going to go into operation if the chance for failue is very very low. IE like if FALC had 2 or more carats per ton. Then we would all be rich i assure you. Untill/unless that happens KRT/we will struggle. Especially if it cant do a PP. I think we are all aware how problematical a PP for any resource company is right now. I believe KRT must also come up with around 600,000 dollars for the clearwater project on or before September 18 1998 .... that is very soon. Perhaps the PAR shares will be worth that much by then.... Hmmmmm note to self, short PAR in august. I sure hope our new lean board of dir. can keep us going through this years drilling program........ Oh yea is there any word on that yet?? We are definitely a "diamond in the rough" so here is my 2 cents I think KRT should promote and hype like crazy untill the price goes above $2.00 and then they should PP the hell out of it to get all the money they need to cover ALL costs at least for this year and some of next year. With any luck this years drilling will give us what we want. LOTS and lots of carats!! J. Steve J.

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