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

To: Clark Kent who wrote (643)	10/30/1997 11:22:00 AM
From: ORVADO	1 Recommendation Read Replies (2) \| Respond to of 5206

The great thing about penny stocks is the constant opportunity to make a million bucks. Nobody on any of these threads is investing for small returns. But you need to make wise choices to do this. I hesitate to invest in any company that does not have practical experiences in the area they are purporting to operate in. That means can they stake claims, restake claims, file assessment work, manage a small drill program and in general have the ability to keep their costs down. Many companies have big academics and consultants that have no practical day to day experience. Also, the first rule of mining business or any business is to have an operation center near to your area of activity. I wonder how many mines will go undiscovered in SE Asia and Voisey's Bay because after staking the ground and making those press releases nobody bothered to look at the ground. A company based in Saskatchewan, especially a small company would have new leads given to them by local prospectors everyday. Remember, the Saskatcheawn diamond play was started by two rock collectors in the Sturgeon Lake gravel pit in the mid-eighties. FALC was discovered by a Russian educated geologist working for Uranerz from a $5 map that anyone could purchase. Any company that is not on the ground does not merit serious investment consideration.