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

To: BUDDY MOYNIHAN who wrote (925)1/5/1998 2:48:00 PM
From: Henry Hooymans  Read Replies (1) | Respond to of 5206
 
To all,

Assuming the great potential that FALC provides, results to date, proximity to Alberta, results to come ...

With all the recent interest in Alberta Diamonds why haven't we or any of our JV's ever been mentioned by any writer/analyst trying to select areas of potential for this year.

Just wondering why, if we have so much potential, no one else seems to think so. Especially if we are expecting improvement soon.

Henry



To: BUDDY MOYNIHAN who wrote (925)1/5/1998 5:14:00 PM
From: Grant Baker  Respond to of 5206
 
Buddy, open your eyes, and stop to think for a minute....June warrents with a $1.20 striking price, and a current share price of approx. $.30....who in their right mind would want this paper. Yes, KRT could use the cash, but nobody will be exercising those warrants unless the share price is significantly north of $1.20. Don't count on the warrants to provide cash flow.....


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