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


To: Mr Metals who wrote (2530)8/17/1998 1:08:00 PM
From: average joe  Respond to of 5206
 
How does this scam reflect on KRT?

If management was duped it would be no great big surprise, that's
for sure!

How's your pen pal list, growing and growing I presume!

over and out - aj



To: Mr Metals who wrote (2530)8/17/1998 1:50:00 PM
From: Chad Barrett  Read Replies (1) | Respond to of 5206
 
From the sounds of it, the scam Gary Stanhiser was running was that he was getting money from people and using it to his advantage through some VSE and OTC companies.

If KRT was one of these companies......... so what???????????? All that means to us is that he put money into KRT (a good thing!)... he helped to promote KRT (a good thing!!).... and he was a large part of the huge run that KRT had in the past (during which many of us *should* have made large amounts of money... if we didn't, that's our fault! ... he gave us the chance!)

The fact that the way he was running his company (Excel) was illegal doesn't necessarily reflect on KRT... After all, MOST stocks on the VSE are ruled by promotional cycles, etc... that is just the way the VSE works because most of the stocks on it are highly speculative.

From what I have heard so far, it sounds like Gary Stanhiser was was just fleecing the investors that he was getting money from... that is where the illegalities came in...




To: Mr Metals who wrote (2530)8/17/1998 8:44:00 PM
From: Mike G  Read Replies (1) | Respond to of 5206
 
I had the same e-mail sent to me from stock watch. What I don't understand is I don't see Kensington mentioned anywhere in the article. Why would they send it to all people who have KRT in their portfolio.

I did hear that this same fellow did take KRT for a ride, and all of the directors of KRT. It was a rumor and I don't know for sure, maybe someone can elaborate.

I guess I should have read the rest of the posts before I sent this and it would have answered my question.