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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 (2415)	8/4/1998 4:32:00 PM
From: Maher Sid-Ahmed	Read Replies (2) \| Respond to of 5206

Hi Miles: David Stone said he will promote the company (a CD + advertising). So far nothing except that write-up by someone on the thread in StockHouse - which was full of exaggeration to say the least. DeBeers share price is about $17 so how can KRT go to $30 even if we are talking Canadian $'s. This company hasn't had a good manager ever. It was hyped to $4.90 and then what? Instead of using their share value to raise money they just did nothing. Then the big mess-up with the China mine. This company is just one mess after another. The investor has not been given a simple assurance by DS that they will be able to maintain the FALC except what we have read here. How about a simple advertisement in Northern Miners or FP with clear plans for the future of KRT. From the looks of it DS is just playing it by ear and has no clear plans for the future. Maher

To: Miles who wrote (2415)	8/4/1998 5:50:00 PM
From: Lilian Debray	Respond to of 5206

Bucking the general trend, MPV is nicely up today after two of Kaiser's Bottom Fishing Trackers (July 30th and August 3rd) in which he discusses drilling and modelling by Monopros-De Beers: "The method Monopros favours for extracting a bulk sample will be to drill 12 inch reverse circulation holes to a depth of 400 metres. The mini bulk samples were extracted using a smaller diameter RC rig. Monopros drilled about 15 holes to a depth of 100 metres on each pipe. Vandersande's own studies indicate that the smaller diameter RC rig had a high breakage rate. Monopros is of the opinion that the larger diameter rig will have a much lower breakage rate." chart.canada-stockwatch.com "In the absence of a publicized methodology that has been scrutinized by the scientific community, securities regulators should insist that modelled values be accompanied by measured values for the diamond parcel that was used to generate the modelled values. The De Beers name is no reason a company should be allowed to rely on proprietary ("blackbox") assaying techniques." I find that comment interesting in the contest of KRT. KRT publishes both the measured values and the modelling by Luc Rombouts which verifies the modelling done by De Beers.