Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zeev Hed who wrote (3551)	3/15/1999 9:51:00 PM
From: average joe	Read Replies (1) \| Respond to of 5206

I really don't know for sure, but I would think the shareholders of KRT want to be bought out by DeBeers. That has been discussed on this thread since it was started. The SEC rules are clear on the subject of cartels and it would affect KRT. However, I am sure in the short term the SEC would not notice. If KRT wants a shell, why not pay a lawyer a few grand to set one up. They don't have to throw the baby out with the bath water to get someone to get one. They are going from one bad side of the tracks to another bad side of the tracks in a different town. I don't see why you need to pay a premium for that. average joe