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


To: Miles who wrote (1980)6/12/1998 1:08:00 PM
From: Maher Sid-Ahmed  Read Replies (1) | Respond to of 5206
 
"If they do prove an economic deposit, and make plans for a mine, do
you really think they will have trouble raising money?" Based on all the analysis we have seen so far they do have several economic deposits. I think DeBeers would have to make the mining decision and work out a deal with its weaker partner (KRT). However, nothing is for sure until it happens. In the meantime the share price reflects this uncertainty otherwise we would be trading well above $1.

Maher