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

To: mf160 who wrote (1968)	6/11/1998 10:27:00 AM
From: Doug Heuring	Read Replies (2) \| Respond to of 5206

can someone post the market depth for kensington today. thanks in advance dough

To: mf160 who wrote (1968)	6/12/1998 11:40:00 AM
From: average joe	Read Replies (2) \| Respond to of 5206

Hello mf160 - I still believe there is some small merit to the play. There are still about ten kimberlites that have not been drilled and these may yet produce larger stones. The problem is there is nothing to trigger a development in the joint venture between the parties like in most normal exploration plays. Further, if there was and KRT had to raise it's share of a development, ($175 million) which I suppose is a good thing, because that would crater KRT. Don't get your hopes up that DeBeer's would buy them out, they would just ask them to ante up fast, when they did not they would be knocked out of the JV back to la la land. What a bunch of bloody incompetents!!!! over and out - aj