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


To: Richard Cushnie who wrote (1015)1/28/1998 10:45:00 AM
From: BUDDY MOYNIHAN  Read Replies (2) | Respond to of 5206
 
hello richard and all:

michael - post 1013 - the more questions the better michael.... you are helping new investors due their dd (even though you shouldn't trust everything you read on s.i.) and helping old investors keep up..... anyway, the $3.4 million was spent by krt by the end of 1996 so krt is a full jv partner..... they, along with cameco and debeers, own 30%. uranerz owns 10%. no word on cameco yet. rumor has had them out before so i don't think we will be that lucky..... they, not monopros, is the real speed bump in the road..... imho.... while we are speculating on whether cameco is in or out my 2 cents is as follows.... if the jv decides to drill let's say 500 tonnes from one target i think cameco goes because this means more money..... if it is 30 tonnes from 3 more holes i think they will stick around...... i hope they go either way... excel mgt was the firm who financed the bulk of the $3.4 million krt needed originally...... david stone and the principals of excel do not get along better than the republicans and dems in the u.s.a. as for the bullish trading pattern i am getting more confident that a nice pop is coming our way but i want it to be more than some of the optimists here believe it will be....
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miles - post 1014 - i hope the accumulators get more impatient....
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richard - post 1015 - how many shares is your bid for? i'll see what i can do about getting it filled......
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buddy