SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?

To: Mike G who wrote (1894)5/29/1998 11:19:00 PM
From: Lilian Debray  Read Replies (3) | Respond to of 5206
 
"Some calculations of this stock in conservative fashion put it's dollar value for Kensingtons 30% ownership at $30.00 per share."

How do they work the numbers out?

While I applaud and share your enthusiasm, Mike, I think it would be wise to shy away from preposterous allegations against the company's partners.



To: Mike G who wrote (1894)6/1/1998 10:04:00 AM
From: Michael Mc Donough  Read Replies (1) | Respond to of 5206
 
Mike

The two block shares that traded (92,000 and 17,500), they were both crosses. Hence, there were no chance for you or I or Debeers to be buying these shares unless we knew in advance. If someone were buying 92,000 shares at the market they would run the price to .55+.However, it seems there is some sort of "positioning" going on...

Of note I see Global bought minutes before the close again...but it was not for the uptick effect.

MM


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News