To: el molito who wrote (2235 ) 7/8/1998 6:43:00 PM From: Miles Read Replies (2) | Respond to of 5206
I agree that stockhouse has followed some stocks that were a little shady. You can't compare KRT to stocks like NPA etc, for the simple reason that Debeers is involved like you said. This adds a lot of credibility to the play, and stockhouse is the tool they hope will give Sask. some exposure, and in turn get this thing to higher prices. Also, a lot of those other stocks were just in the preliminary stages of drilling, and there were no Current results yet available to review. Take NPA for example. There was a lot of excitement prior to release of simple grab samples that pushed that thing from 40cents to $2.20 in a week? I was in on that one and made some good money, however KRT is a different story. They have done lots of drilling and the property has already proven diamonds. They just have to get some visibility which stockhouse should provide. You cannot say it is a scam because that would mean that the property is a scam and Debeers is in on it? This is obviously not the case. I think they just want to come out from under the shadow of the Alberta play and maybe even Debeers who have held the reins for so long now. Just a little comparison of some followed diamond plays TYR : Trades at 55cents, recent JV with Monopros, no Kimberlites yet discovered MEO : Trades the same as KRT, Not one Kimberlite yet discovered KRT : Some of the worlds largest kimberlites discovered, proven to host diamonds, trades at the same price as MEO and Lower than TYR??? The list can go on for comparing market caps of companies but I think you see my point. This is what Stockhouse has to work with in general. Once we see some news regarding drill program, flow through etc, then it will give them more to work with.