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

To: Henry Hooymans who wrote (1446)	3/30/1998 10:08:00 AM
From: Kidman	Respond to of 5206

Morning Henry, I have seen this before. I got the same story when I called Cameco a little while back. They were not able however to comment on the 1998 drilling program then. I guess they will not be in this year (one for Buddy). As has been mentioned by Buddy before (CONFIRMED by this release kensington-resources.com we have large kimberlites at FALC. They have certain regions of higher concentrations than others. Cameco has based their findings on the entire kimberlite which dramatically reduces the grades (which one would expect). Our kimberlites are however considerably larger than world average and I believe zonal variations might still prove economic. Please keep in mind the above news release is extrapolating macro grades based on micro evaluations. We are still waiting for the official count. Good Luck everyone. Kidman.

To: Henry Hooymans who wrote (1446)	3/30/1998 10:20:00 AM
From: BUDDY MOYNIHAN	Read Replies (2) \| Respond to of 5206

hello henry and all: randy j - 1425 - eric lyseng? i hope he is doing well..... - kidman - 1426 - that's not the whole update. i have a part in there about creating a negative atmosphere thread on s.i...... i can't answer the shake out q.... you know your intentions... we only have your posts to try to figure you out by.... if you didn't shake me out at 13 cents you are not going to now..... objective? great properties, weak mgt, not much money.... the last two will be changing shortly. i'll tell you whether or not it's enough.... - manjacake - 1428 - "krt's stock price will finally silence all those who have so unfairly struck against buddy....." i don't remember writning unfairly..... it's not unfair at all.... strike away but i hope you are correct... - scott - 1431 - i hope current s/h are pleased when they look back someday..... - eddy - 1440 - my sources aren't even close... :-)) - lilian - 1442 - thanks for the summary... might be too positive though... :-)) - madelaine - 1445 - i'm hoping for a little run first before the news release comes out...... it should be this week though... - henry - 1446 - i have heard cameco won't be around for this year's program but we also heard this last year.... as for sub-economic grades? debeers and krt are participating in this year's program but wait for the news release... :-) i'll comment more on this after the release is out.... - buddy

To: Henry Hooymans who wrote (1446)	3/30/1998 11:06:00 AM
From: David Rowe	Read Replies (1) \| Respond to of 5206

Henry, FWIW, I received the same information in an Email from ORVADO. I suspect a lot of other people did as well. If you trace back through this thread you will see some discussion on this information. It is worth a read. I apologize for not having the time review and direct you to the exact posts. In short, there are many possible reasons for Cameco's 'non participation'. I believe when pressed, Cameco allowed that 'subeconomic grades' found to date did not necessarily dictate the future of FALC. Well of course they're "subeconomic", otherwise we would be developing a mine. The continuation of exploration would be an extremely positive sign. Regards Dave Rowe