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

To: jack marshall who wrote (3163)	1/9/1999 12:19:00 PM
From: Cookie Monster	Read Replies (1) \| Respond to of 5206

Hey Jack....sit back and watch.... There is an old saying on the VSE.....what goes around comes around again. Diamond exploration is the toughest kind of mining work you can do. There are so few productive diamond mines in the world, and it is so hard to find gem quality diamonds, that companies like KRT have great upside. Here is why: 1)Two years ago, before they ventured into a disasterous China deal, KRT traded as high as $4.00 as they were into what analyst called "the fourth of five stages in teh diamond exploration process." 2)They have already found diamonds on the FALC site, this round of drilling will confirm that. This is why they basically handed over the entire proceeds from the private placement to Monoprose so that they can work this already proven property. 3)Junior diamond stocks are notorious for doing absolutely nothing until they hit. WSP, ACA, and others were basically where KRT is, until they managed to pull some diamonds from the ground and raise enough money to do this on a regular basis. 4)Management pissed everyone off. I was luck and sold most of my shares before the carnage. I have been following/investing in this company for about three or four years now. I think if they do this right, witht the success of WSP, they can recover. They have the property to do it....now they just need to get the drill turning again.