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

To: Luke12_15 who wrote (2013)	6/14/1998 12:12:00 PM
From: average joe	Read Replies (1) \| Respond to of 5206

Hello j. Steve j. If someone is going to the AGM ask the following questions. 1) What is the cut off grade to make a mining decision. In other words if they reach 2 carats a ton will they build a mine. 2) Cash calls - once a decision to build a mine is made - how long does KRT have to raise the funds for their share. Under most JV's they would have 90 days to raise the several hundred millions needed. KRT is in a pay as you go business. Even though KRT has earned their interest to date it can be diluted if they don't meet day to day obligations of the jv. They won't be bought out they will be diluted out. over and out - aj