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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 (1346)3/18/1998 9:21:00 PM
From: Michael Mc Donough  Read Replies (1) | Respond to of 5206
 
Delays, delays, delays...I 've been in these games long enough that when the company says one week, multiply it by two maybe three. But, with these guys it's multiply by the next sequence...ie day is week, week is month etc etc...However, the one thing that I can't figure out is that why KRT doesn't put a news release just giving an update as to where things are at. Just a statement to let shareholders know what the hell is going on. Furthermore, who is running the show here. I have never been able to contact our infamous DS, and half the time when you call the company you get the voice mail. Stocks trade on speculation, investors hate uncertainty... so far our infamous management team has given us neither to date.
Miles, I agree with everything you say: everything appears sound: pp, decent results (SB based on past numbers, further commitment to program etc...and given the impressive volume numbers in the past something(?) does seem to be in the works. So our illustrious management team...give us news, anything, we are dying a slow death here!



To: Miles who wrote (1346)3/18/1998 9:44:00 PM
From: Graham  Read Replies (2) | Respond to of 5206
 
Hello Miles & Buddy

I have not contributed much to this thread for a while now and find it interesting to read all the new posters comments. Most of the new people are in it for the quick buck. Their timing is usually off and they buy after a small run trying to get rich quick and they get upset when they buy to high and see a 20% pull back. The shareholders that believe in the property are in for the long term and are usually the ones with the informative posts. The garbage posters are just mad because the get rich quick routine is taking to long. This is a speculative investment and people who don't treat it this way may get burned. If you can't take the 20% to 80% decreases in speculative stocks and don't have the patience to hold on to paper losses with out getting everyone else upset then you should probably find other types of investments to be in.

As the long time KINGS have indicated in the past this project will take years to come into production. The potential of this property is enormous and as the results come in the long term shareholder will be rewarded. The day to day flucuations in the market mean nothing if they do to you then this is not your type of stock.

People who indicate that this stock is a dog should cash in their KRT shares and find something else. Peter Lynch always said "if you think you own a dog get out and cut your losses".

Just a short time ago KRT owned only 25% of this property now rumour has it we may now have 45%. Yes maybe the stock price is not a true indicator of the value of KRT, but as a long term shareholder I feel this increased my portfolio potential exponentially.

Remember you must have patience with speculative stocks. Bashing other posters is not needed. This is a thread to exchange information and ideas with other shareholders.

The pending news releases will probably indicate that this years drill program will be the other 3 holes that have shown good results in the past.

Buddy & Miles have indicated that the up coming drills for 1998 should be interesting. I hope that part of the drilling for this year is a 500, 1000 or 5000 tonne drill on the best hole of last years drill. Time will only tell if my 1998 wish will come true.

Again I would ask for calm and informative posts. We are supposed to be helping each other.

Good luck to all KINGS

Graham



To: Miles who wrote (1346)3/18/1998 9:50:00 PM
From: Francoise Kartha  Respond to of 5206
 
Miles, I am not quite sure whether this "you" is rhetorical or the question is really meant for me. I always jump on an opportunity to give my opinion anyway ;-)

Do I think that $0.43 reflects the value of this Company? Absolutely not. The market knows it, as Michael and others pointed out there are usually much more bids than asks on this stock.

There is not much that can be done about delays on news releases concerning results. The three JV partners have control over those.

The frustration of investors has its source in the delays on news releases over which the Company has full control. There is no good reason for not closing the pp - besides what can only be construed from our point of view as petty insiders games.

It looks like market activity may have started today with Canaccord and ScotiaMcLeod leading the buying.

I hope Richard continues to post the individual trades for good luck. Look what happens when he doesn't.