SI
SI
discoversearch

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: BUDDY MOYNIHAN who wrote (3706)4/29/1999 2:43:00 AM
From: Mike G  Read Replies (2) | Respond to of 5206
 
I have heard this rumour before about Debeers buying KRT. It seem very plausible, if so at what price? Any wild and crazy speculation?

>i just hope they all make a tonne of money on krt ron.
>too late for too many though. debeers buys krt by 12/31/99 imho.

One friend mentioned that a $700 dollar investment in Diamet translated into $60,000. In other words he had the chance to buy a thousand shares at 70 cents, and apparently they hit $60 per share or there abouts. From some of the numbers batted around a few months back with the size of the kimberlites such numbers don't seem unreasonable do they?

Mike G