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

To: Miles who wrote (719)	11/20/1997 9:44:00 AM
From: joe minten	Read Replies (1) \| Respond to of 5206

Miles: Don't worry, I'm only shooting blanks :-). I spoke with Mr. Stone yesterday. He said that there are two potential financing parties. There seemed to be the impression that one OR the other was needed. However, they are now, (thanks to Mr. Stone) considering BOTH together. The two parties seem to like this idea - so far. I, too was told that a release would be out within two weeks. There will be some drill results, but the Luc report isn't due til the JV meeting. Mr. Stone also itterated to me his extreme anoyance at the lack of promotion in the recent past. He is working on changing this. Something he told me which I had read in the past, but had forgotten, was that over 70% of the diamonds from FALC are gem quality. Compare that with the industry average of around 20-25%. All in all, I enjoyed the convesation, he seemed very straight forward and honest, and optimistic about the company's future. LONG ON KRT....joe