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

To: Lonnie who wrote (1001)	1/25/1998 4:06:00 PM
From: Miles	Respond to of 5206

Very interesting opinion? I have to say I disagree. I find it hard to believe they would spend millions as a smoke screen only to hold things back in their favour. Why did they decide to open an office in Vancouver, it was not because they want to play watch dog. They know that diamonds are in Canada and will spend the money to find them. You say that they have all these diamonds in their vault and don't need them, correct me if I'm wrong, but isn't there a diamond shortage right now, especially in the smaller ct range? I do agree that this JV is moving at Turtle pace, but if the results warrant more exploration, the share price will move accordingly. Just my 2 cents! I'm going to go out on a limb for a prediction in share price in approx 4 weeks time.....$.50+

To: Lonnie who wrote (1001)	1/25/1998 4:19:00 PM
From: zoli bognar	Read Replies (1) \| Respond to of 5206

Well down. I am Krt shareholder since 1997, was some drilling and some Macro-Micro Diamonds,lately none, only fairy tales with dream and wet ones.I think the whole Canadian Diamond play control by the same , they make sure nobody will came up with any large stones! They using us and our invested dollar for same game.We have some insider on our trend or the trend made by the company insiders and keep stuffing us with Bs stories. Good luck and My Regards to All . Zoli krt shareholder./

To: Lonnie who wrote (1001)	1/25/1998 7:56:00 PM
From: Francoise Kartha	Respond to of 5206

De Beers Diamond Stocks I am taking sides with your dog, Lonnie! It was high time you recycled that old book ;-)) /////////////////////////////////////////////////////////////// The Northern Miner, October 13,1997, p.4. - Diamonds are everyone's friend - From one to sixty, in six. [...] In six years, the number of Canadian-listed diamond stocks has grown to over sixty with an aggregate market cap of about $3.7 billion. [...] The big question now is, How will Canadian diamonds be processed and marketed? [...] ///////////////////////////////////////////////////////////// The Mining Journal - Aug 15, 1997 - Lead Story - Trading Places at De Beers "[...]Prospecting and research increased US$13 million year-on-year [...] De Beers' diamond stocks decreased by US$561 million to US$4,142 million during the six-month period. This was attributed to record first-half sales by the Central Selling Organisation (CSO), and a reduction in purchases from Russia and Australia. The CSO did purchase about US$150 million of Russian diamonds during the first half of this year on a non-contractual basis, but procedural delays had prevented the immediate delivery of these diamonds. In his last address to stakeholders, Mr Ogilvie Thompson noted that results for the full year will depend on the extent to which the CSO is able to maintain the increased market share it achieved during the first six months. The recent resumption of fighting in Angola is likely to be a particularly important variable. Diamond production from Angola's alluvial workings is focussed on the dry season, with output peaking during the second half. It remains to be seen if this source of diamonds will be affected." mining-journal.com /////////////////////////////////////////////////////////////// Business West Canada worries diamond cartel Monday, January 19, 1998 By Mathew Ingram CALGARY CALGARY -- THE giant De Beers diamond cartel is expected to open an office in Vancouver today. In attendance will be Nicholas Oppenheimer, chairman of the South African company and grandson of the man who turned it into a globe-spanning force by merging it with his Anglo-American gold mining company. Why open an office in Vancouver? In a word -- fear. There is good reason to believe that De Beers is worried about the future of its near monopoly on diamonds, and Canada's emerging diamond industry is a big part of what it's worried about. In the past few years, De Beers' stranglehold on the sale of diamonds has been pried open somewhat as large producers in Australia and Russia have decided to avoid the cartel and market diamonds themselves. Industry watchers say the South African company is afraid that Canada's new diamond mines may accelerate this trend by defecting as well. The stakes are high -- De Beers sold more than $4-billion (U.S.) worth of diamonds in 1996 -- about 70 per cent of the world's production -- which when cut and polished were worth more than $35-billion. Broken Hill Pty. Co. of Australia, which will operate a new diamond mine in Lac de Gras, Northwest Territories as part of a joint venture with Dia Met Minerals of Vancouver, so far has been keeping its cards extremely close to its chest on the whole issue. The company hasn't said what its plans are exactly, except to suggest that it may market "some" of the diamonds produced from the mine through the De Beers-controlled Central Selling Organization (CSO). [...]

To: Lonnie who wrote (1001)	1/25/1998 8:09:00 PM
From: Francoise Kartha	Respond to of 5206

What happened to Gerle Gold? Premium Kaiser Express - Friday, September 12, 1997 canspecresearch.com./ [..] Gerle Gold (GGL-V: $1.02) has a 40% net stake in a deal with Monopros and about 25 million shares fully diluted. Gerle has undisputed title to the 39,527 acre LA 1-25 immediately south of Mountain Province's AK property, and disputed title to the adjacent 12,717 acre LA 26-30 claims. During the past two years attention has focused on a strong and excellent indicator mineral train that appears to terminate on the LA 26-30 claims. Apart from a marginally diamondiferous sill, no source has been found. Monopros has suspended work on the LA 26-30 claims pending a decision by Ottawa regarding the Section 84 appeal filed by Golden Rule. A decision appeared imminent in June, but an unexplained delay has emerged. No drilling has been done on the LA 26-30 claims since 1996, and it now looks like drilling won't resume until the earliest next spring if the appeal is rejected. The appeal is asking for reversal of the NWT Mining Recorder's cancellation of the underlying Boyd Warner claims on the basis that they were staked on behalf of the party that dropped them. No doubt the bureaucrat who must make a decision is trying hard not to let media reports about Golden Rule and the Stenpad salt job influence the decision. This summer Gerle has been concentrating on the LA 1-25 claims, and is now drilling targets in the vicinity of the 5034 pipe. The latest pipe found on the Mountain Province pipe is 1.8 km southwest of 5034, and only 300 metres from the Gerle border. It looks very much like Monopros has cracked the code for sorting out the complex geophysics of this region, and the current drill program operated by Gerle has benefited from the input of Monopros. [...] (Note: John Kaiser owns shares in Ashton, Montello, New Claymore, Lucero, Gerle and Ecstall)"