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

To: BUDDY MOYNIHAN who wrote (1547)	4/7/1998 11:22:00 AM
From: Miles	Respond to of 5206

Global and Scotia and doing all the buying so far today.....I wonder if some news is on the way.....? Whatever the case, it looks good to me.

To: BUDDY MOYNIHAN who wrote (1547)	4/7/1998 11:23:00 AM
From: BUDDY MOYNIHAN	Read Replies (1) \| Respond to of 5206

that chart didn't work out as i wanted it to.... i believe it is readable though.... if not i'll try again later... a few more facts.... i used the total body extrapolated macrodiamond grades and not the zonal variances (very conservative on my part). the other fact is the life of the pipes drilled last year..... hole----------------------150------------176---------------220 60k per day 300 days per year est kimb size--------336m----------45m--------------87m life of mine-----------~20------------~2.5-------------~5 years the 60k a day will be probaly from a number of pipes not just one so the lives are also conservative....... buddy

To: BUDDY MOYNIHAN who wrote (1547)	4/7/1998 1:32:00 PM
From: I_C_Deadpeople	Read Replies (2) \| Respond to of 5206

Buddy, I basically came up with the same figures....The one problem I have with the news release was the extrapolation from Dr. Luc is just that ...an extrapolation... if we assume that we picked up only 20% of the diamonds, then can we not take ( using hole 176 ) the macrodiamond cpht of 3.4 and multiply it by 5 for a potential cpht of 17? Yet Dr.Luc is extraoplating to 36? Obviously this is the BILLION dollar question, and one of the reasons I find the information we get confusing and often contradictory.... Is it not ONLY the macrodiamonds that count in the end? If so, then the exrapolated microdiamond numbers don't mean much at this point...It also could be that I am not reading the numbers right so anyone can jump in and help me out..... EW