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

To: average joe who wrote (3555)	3/16/1999 12:40:00 AM
From: larry plotnikoff	Respond to of 5206

I agree with you that a lot of KRT shareholders would probably welcome a Debeers buyout. I know I would after the past couple of years. I believe that if one or two pipes were proven to be economical, we would hear of a potential debeers buyout way before a final feasibility study were released. I would think that with debeers in control of the situation as the current operator KRT management would probably more than welcome a buyout at that point. The FALC seems to be the only thing that the company has going for it and I would think that management would not want to wait around for what could be years for a mine to develop. cheers larry