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


To: Ed Pakstas who wrote (1460)3/30/1998 9:42:00 PM
From: Ron Waller  Read Replies (1) | Respond to of 5206
 
Thanks for posting the News Release Eddy! Looks good to me:]]]]]]

Look's like Buddy had the timing bang on to me. The e-mail he sent me said we would get the first release first of the week, and lo and behold, here it was.

So what does everyone think??? Personally, I think it is a good new release, points to a problem with the recovery method which could mean that we have been missing the larger rocks;

"The average macrodiamond grades calculated for the minibulk samples obtained from these three holes may be minimum estimates, particularly in view of the extrapolated macrodiamond grades shown below. This potential understatement of the grade is mainly attributed to efficient sampling and possibly some diamond losses in the drilling system as indicated by the results for the tracer program below"

and the Luc Rombouts accessment of the 1997 drill program to boot was also encouraging for the potential for much larger diamonds to be found in these holes.

IMHO, Fort a la Corne has always had world class potential, however, as always, we have to do more work to prove it. Hopefully with the upcoming 1998 drill plans to be released, Debeers and Kensington will be able to prove up this property.

Generally, I think this release was of a far better tone than what we have seen in the past from these guys!

I beleive we will see a good responce from the investing world with this release.

Good Luck as Always to all, Ron.



To: Ed Pakstas who wrote (1460)3/30/1998 10:25:00 PM
From: E. Dita  Read Replies (1) | Respond to of 5206
 
Well yada yada yada, what does it mean.....?
Maybe Mr. Tom Kinakin can explain this one??
Can anyone shed a ray of light on the release?
Awwww want my money???

diTa