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Gold/Mining/Energy : Kensington Resources
KRT 25.67-1.7%3:59 PM EST

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To: brad oleksyn who wrote (3171)2/10/1997 11:33:00 AM
From: BUDDY MOYNIHAN   of 5597
 
hello brad and all:

sorry brad i can't help you but i am sure someone out here can and will. good luck.
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zeev - post 3120 - i hope no sub one for you.... but it is and will be a long game...
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larry brubaker - post 3126, 3130, 3131, 3132, 3162, 3168, 3169 - if you just read the postings larry i am convinced you would have less to post. the quality of the diamonds and the cost to get them out has been posted here several times.... yet it is still a question mark for you.... but you also want a book value for krt... did you forget you still don't own krt??? you calculate one and then bring this ignorant calculation out here for the numerous adjustments that will needed to get to the final correct number. post 3132 is an outright joke.... i just posted the answers to these questions and you bring them up again. do you want krt to notify you (KEEPING IN MIND YOU DON'T OWN THE STOCK) personally when they will file a prospectus??? i think they would just notify their shareholders.... post 3169. 1,572,500 carats???? are you conveniently forgetting the millions of carats that are at the other properties???? the $80 per carat figure has also only been mentioned out here 10 or so times and that it came from dmw's engineering report on the china project..... is that not good enough for you as a start??? you state we don't know if the china deal is a good one or not.... we actually agree on this one. until we know what the falc has or what the 496 OTHER ANOMALIES in china have we still won't know whether it was better to go just with the falc property or acquiring the china properties.... in the meantime we will just mine the bleep out of china and use the cashflow there to develop the other anomalies in sask and china while diluting our stock less than we have to... out of the 496 anomalies in china yet to be drilled, i am told 200+ are kimberlite pipe signatures.... that is a lot of drilling in an area that has already proven to be a rich diamond bearing area. it will take a long time to sort out whether this deal greatly helps krt or just helps it..... my faith is in don nicholson. 7 posts from someone who "just has a curiousity interest" in krt.... i'd hate it if you actually educated yourself about krt and became a shareholder.... maybe you'll do this just to get personally notified when krt files a prospectus with the vse......
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fish - post 3137 - i guess the couple of "shrewd players" don't know r.f. will be buying shares shortly or that he had his hands in buying a portion of zheng's (sp) shares too...
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doug - post 3141 - doug you are right about the millions of carats even though the engineering report will probably state it is millions more than originally reported... i am not hung up on the book value at this point as it should have zero affect on actual the krt stock price... that will change once the engineering report comes out in about 2 weeks.... dmw valued this deal at $600 million.... they know better than any of us....
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gary gwynn - post 3145 - as long as there are idiots (let alone ignorant idiots) posting on any threads there will be "back biting" going on... as for presstek i almost shorted it a couple of years ago so i'm sure there are a lot of shorties and longies out there and they mix as well as larry and i do....
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jeff kier - post 3158 - excellent post jeff... now that the deal is done... do people really think the stock price is going to be $1.50 come april when we have to vote on the china deal???? the key people here will make sure the stock is higher so the vote is a non-event or one based on the current situation....
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gary gwynn - post 3166 - cm oliver came out with a $4 figure in 4/96... 7 weeks later we were $4.90.... 7 weeks has already passed now since this last one but.... anyway, cm oliver besides this projection has been useless for krt..... no stock support, not much in the way of internal buy recos from the front-line brokers...

sorry to lose a screw but i don't have much patience with certain types of people... good luck to all krt SHAREHOLDERS...
buddy
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