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: Miles who wrote (2376)	7/29/1998 12:16:00 PM
From: Maher Sid-Ahmed	Read Replies (1) of 5206

Ashton has approximately the same number of shares as Kensington resources. They do, however, issue news bulletins every now and then and they are cash rich. Their partner PUG has also the same number of shares and have options in more properties than Ashton. The market values PUG at approximately 1/4 the value of Ashton. Reason the market is down on all mining companies with unfocused management. The shareholder has no will to foot the bill on mismanaged companies and most of the money will continue to flow to large cap and US blue chip companies. Our only hope is that the present management begins an aggressive campaign that will help to boost attention to this play. De Beers, I don't think will mind the extra publicity since their share price is also down in the gutter with the rest of the exploration companies. Somebody should phone DS and tell him to hurry-up with the promotion. Why is he taking his sweet time. He is supposed to be a major shareholder and has more reason to see the success of this company than the rest of us. Maher

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