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

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To: Scott Reynolds who wrote (2371)7/27/1998 12:32:00 PM
From: Lilian Debray  Read Replies (1) of 5206
 
In my opinion, based on the general feeling expressed by investors on this thread, any indication that KRT's management is making progress in the execution of its plans should bring stock appreciation.

Shore Gold and KRT are trading at the same price currently. Same market, same area, same timing for drilling, etc.

As far as we can tell from its news releases, Shore Gold has 3 macrodiamondiferous kimberlites which gives, at current market price, each a value of 0.093333 per share. KRT has 30% of 34 = 10.2 macrodiamondiferous kimberlites. Based on that rough estimate, KRT should be trading at $0.95.
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