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

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To: mick who wrote (3547)3/15/1999 7:55:00 PM
From: Lilian Debray  Read Replies (3) of 5206
 
Anyway you can get off the VSE is justified in my opinion. Except for a few companies (ARP,UTO,FMI), the VSE has been very unkind.

Companies like KRT can hardly blame the VSE for being unkind. After all, they have largely contributed to its reputation. Is changing the exchange going to solve their problems or to compound them?

This deal may be in the interest of some of the principals of the other company and they may try to pressure KRT management into it. I fail to see how it will work in the interest of KRT shareholders.

Dilute the stock for the privilege of trading over the counter? Amazing but not surprising.
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