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

To: Ron Waller who wrote (1480)	3/31/1998 9:53:00 AM
From: David Bowden	Read Replies (1) \| Respond to of 5206

The 97 drill results release hasn't been posted on my quote provider, I wonder what's wrong. KRT opened at $0.45, not good enough in my opinion....should be at $0.60 already, oh well....have to see how the day progress. P.S I use Canstock as my quote provider Dave.

To: Ron Waller who wrote (1480)	3/31/1998 10:06:00 AM
From: BUDDY MOYNIHAN	Read Replies (2) \| Respond to of 5206

hello ron and all: kidman - 1447 - don't give me one yet.... cameco pulled the same cr$p last year but paid up 2 days before they lost half their interest... to recap.... cameco has until a certain date to pay (as does krt and debeers) their share. if they don't half of it (currently 30%) goes to the remaining partners.... the other 15% is lost if pmt is not made by a second date... the two dates i don't know yet but once i do i'll pass it along..... cameco is "not quite dead yet"..... - terence - 1449 - great to hear it terence. if you don't want to privately e-mail me his new pseudonymn please pass on my regards... - david - 1450 - i feel left out david. orvado didn't send it to me.... we received our continuation of exploration sign last night... - henry - 1452 - the reason we are looking at zonal variances is because the pipes in total (to date) suggest nothing much.... but zonal variances are a different story.... - ron - 1462 - i had the timing bang on?? i guess a blind dog finds food now and then... :-) - miles, saul - the two key points in the news release are the gem quality and the probability of missing stones.... the best part though is what the results of the process will do.... first, krt is to have at least half the sample of the next drill program be analyzed "locally", ie., not in south africa..... second, the drilling will not miss the diamonds the next time as they are going back to the older method of drilling..... - ron - 1464 - this was the best wording to date. "rumor" has it krt wanted the words "materially understated" but i guess they settled for basement levels..... - dita - 1466 - dita, it means i hope you are closer to getting your money..... i hope. - eric - 1467 & 75 - i'll try to help eric.... first i believe the '98 plans are finalized but a separate news release was wanted.... the grades are low but that's mainly because of the tracer program.... this program was a complete failure imho.... next time they go in everything comes out and not just 20% of the tracers..... it's up to the market now...is the extrapolated grades a reasonable estimate at this time?? no because the tracers program was a failure imho... are you still making sense? i'll leave that one alone... :-)) - ron - 1480 - bid /ask is 46-50..... i hope the rest of the day goes much better... - buddy