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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: larry plotnikoff who wrote (4424)11/6/1999 4:09:00 PM
From: Lilian Debray  Respond to of 5206
 
What is CDN $340,647 in De Beers' annual income and why should they care?

De Beers Income Statement (Million R)

               1998    1997  1996    1995  1994    1993  

Exp./Op. Revs. -7.2f -7.2f -7.2f -7.2f -7.2f -7.2f

Revs. 1,201 1,458 2,597 2,059 1,371 1,150

Oper. Inc. 421 784 2,003 1,606 921 842

Depr. NA NA NA NA NA NA

Int. Exp. 59.0 25.0 14.0 15.0 17.0 13.0

Pretax Inc. 3,143 4,530 2,450 1,591 904 829

Eff. Tax Rate 12% 11% 18% 23% 14% 9.50%

Net Inc. 2,718 4,024 3,957 2,491 1,737 1,613



To: larry plotnikoff who wrote (4424)11/6/1999 5:56:00 PM
From: average joe  Respond to of 5206
 
Thanks Larry - Don't ever get caught in a short squeeze with a stock like KRT. It is simply a good stock to accumulate on down swings and blow out when the market goes up. Bird95 is an insider with an insider point of view, i.e. make money and deflect material concerns with irrelevant and inconsequential topics.

As far as having the goods go, remember how this play came about. Uranerz discovered FALC with a partner called Cameco, Monopros farmed into the deal and within a few years KRT who had plenty of cash was allowed to farm in for a participating interest. KRT does not explore outside FALC and has zero exploration success previous to FALC. Their one outside deal in China got screwed up and cost them a fortune.

average joe