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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: Bart Sampson who wrote (3829)5/6/1999 2:35:00 AM
From: Mike G  Read Replies (2) of 5206
 
It appears that Mr. Allard has enough confidence to put in $200,000 into this stock, and expects a return when he can free trade these shares.

This company is miles ahead of where they were last year. It seems everyone is forgetting the lead Debeers is taking in this as well. You can bet they want to get into the diamond business in a stable country like Canada and catch up to BHP minerals. I just read an article where people are installing flame throwers under their cars in South Africa to keep car jackers away, and they are legal.

One of the things mentioned in the article that was posted a couple of days ago is the easy access to this site. At BHP in the NWT they had to build a camp to house the workers. Everyone is flown in. The weather conditions are extreme, you might get 2 months of summer and even at that summer consists of highs of about 60 degrees. A friend of mine used to live in Cambridge bay where the highest temperature in the summer might hit 60 degrees, when he moved back south to Fort Smith, he couldn't stand the heat and had to buy an air conditioner. I digressed, the FALC site has such easy access, no camp to build, workers can come from Prince Albert. As for the natives that someone was asking about, there are lots in the area, but there are lots more in the NWT. One of the deals in the NWT was work for the natives. You can bet the same would happen here. I don't hear of anyone complaining in the NWT at the BHP site.

I hope they pull out a couple of 1 carat stones as AJ alluded to a month or 2 ago, and I hope his rumour is true.

Mike G
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