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: Lilian Debray who wrote (3656)	4/14/1999 10:34:00 PM
From: russet	Read Replies (1) of 5206

Hi Lilian,...big hype machine for Kensington. On a body of 213,460,000 tonnes such as kimberlite 145 a FALC, with stone values of up to US $184/carat, the initial capital outlay would represent a maximum of $2.81/t. For approximately $15/t, it could be mined at a rate of 40,000 t/day and processed. If these figures were true, the mine would be there already. Why isn't it? These figures blow most, if not all of the worlds diamond mines away. I suggest the truth is being stretched. I give the "big hype machine crown" back to you. russett

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