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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 (2028)	6/15/1998 7:47:00 PM
From: Richard Cushnie	Respond to of 5206

Lots of talk on the thread this weekend, I'll try to ask some of those ?'s at the AGM. The market is really bad right now, there is no interest in anything, Asia problems, KRY, commodities, summer doldrums it all adds up to one really crappy summer. Oh well, its the best time to buy right. KRT should do just fine if she gets that financing I wonder when they will do it? 06/15/98 - 10 Trades for KRT Ex Time Price Change Volume Buyer Seller Marks V Jun 15 13:17 0.24 -0.02 100 087 Wolverton 035 Canaccord E V Jun 15 12:34 0.28 -0.02 445 031 Global 031 Global E V Jun 15 12:34 0.28 -0.02 6500 031 Global 031 Global T V Jun 15 12:00 0.29 -0.01 5000 063 Levesque 035 Canaccord T V Jun 15 12:00 0.29 -0.01 2500 031 Global 035 Canaccord T V Jun 15 11:44 0.29 -0.01 4500 031 Global 016 Yorkton T V Jun 15 09:10 0.29 -0.01 1000 031 Global 009 Green Line T V Jun 15 09:10 0.29 -0.01 3500 031 Global 009 Green Line T V Jun 15 07:18 0.29 -0.01 2000 031 Global 035 Canaccord T V Jun 15 07:18 0.29 -0.01 8000 031 Global 035 Canaccord TW

To: Miles who wrote (2028)	6/16/1998 12:14:00 AM
From: average joe	Read Replies (1) \| Respond to of 5206

Hello Miles - No I am talking about the KRT interest in the FALC jv. Suppose KRT owns 1/3 interest right now and suppose they owe to the jv $500,000.00 for their share of current expense. How long do they have to pay their 1/3 share before they suffer dilution if they can't pay. In other words how soon do they have before their 1/3 third slips to a 1/4, etc.. This is the danger of a junior playing with majors, if they can't come up with the cash they are not bought out they are knocked out. I am worried that if they are delinquent for filing with the VSE they might be delinquent with the jv. over and out - aj