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

To: Mike G who wrote (3708)	4/29/1999 3:05:00 AM
From: average joe	Respond to of 5206

Don't forget the history here: 1) Uranerz discovers FALC under a JV 2) with Cameco Corporation 3) DeBeers becomes a 1/3 partner 4) KRT gets involved after Uranerz and Cameco lose interest and don't want to spend anymore money. Don't expect a DeBeers inspired buyout that way, be on guard against a DeBeers inspired buy the old fashioned way where they spend them out, i.e. dilute. aj

To: Mike G who wrote (3708)	4/29/1999 9:31:00 AM
From: BUDDY MOYNIHAN	Read Replies (1) \| Respond to of 5206

hello mike g and all: mike g - 3708 - there is no rumour about debeers buying krt mike. they have never spoken about it that i know of. my feeling is that with all the diamonds luc rombouts says the falc has debeers will never let falc go into production so i feel they'll buy them out. $700 into $60,000? i'm optimistic but that's a very long stretch imho. if you bought at 13-14 you'll make a great percentage return but you'll need to wait. buddy