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

To: David Bowden who wrote (1492)	3/31/1998 9:42:00 PM
From: T Lamos	Read Replies (1) \| Respond to of 5206

Sorry you feel that way David. I've been a shareholder for almost 2 years now and can honestly say I haven't been impressed in the least bit with the performance of KRT to date. But then again, the same can be said for many other juniors who fell victim to shareholder wrath following the BRE X scandal. Having said that, I don't agree that management can take full blame for where we rest today. But at long last there appears to be reasonable expectation for share appreciation over the next half year or so. So why did I average down today? (I was the fellow who bought another 1000 @ 49 cents) It has been determined that drilling could have been done more efficiently last year and these good folks are taking measures on the advice of experts on how to maximize drill results during this year's exploration program. And with an improved drilling plan, Dr Rombouts has established scientifically there is reason to believe the resulting assays will prove the kimberlites host an economically viable resource. Investor sentiment is on the upswing with diamond companies in general now that Canada is scheduled to become a diamond producer within the next year or so (Aber resources?), so it is reasonable to expect that with the backing of an organization such as debeers that this sentiment will rub off on KRT thus driving up the share price. When the PP closes I understand some or most of the resulting funds will be used to promote the company, which will more than likely further move the price upwards. Last but not least, KRT will be exploring what is amongst the largest kimberlites in the world. Chances are that with a renewed and intelligent exploration program they're going to stumble onto something big - we hope. All it takes will be one good assay and we'll all be rewarded for our patience. Anyhow, that's a quick and dirty summary of why I'm here today and have faith that KRT warrants further speculation. Let's all cross our fingers and hope for the best over the next 6-9 months. Good luck to one and all.