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

To: saul mikaliukas who wrote (3799)	5/3/1999 7:03:00 PM
From: maxed	Read Replies (2) \| Respond to of 5206

How does one go about getting in on this finder's fee work. Hell I would have done it for half as much. Like I said earlier if you think you can do DD on these stocks your dreaming. Lets see how many share holders vote with their feet tomorrow. Eddy

To: saul mikaliukas who wrote (3799)	5/3/1999 7:34:00 PM
From: Bart Sampson	Read Replies (1) \| Respond to of 5206

Someone please correct me if I'm wrong, but this private placement has probably been in the works for awhile and therefore the PP price of $0.25 per reflects the value of the stock when the deal was struck. It wasn't that long ago that the stock was in the $0.25 range, and it's only been up in the $0.40 and $0.50 range for a relatively short time. I may be wrong (and I probably AM wrong) but that's why the PP price is $0.25 per and not $0.40 or $0.50 per...

To: saul mikaliukas who wrote (3799)	5/3/1999 9:49:00 PM
From: Lilian Debray	Read Replies (1) \| Respond to of 5206

I can see now the reasons for the excitement, Saul, take a look at that other private placement and at the chart of the stock (type in symbol MER) canada-stockwatch.com I think that would look scary even to an undertaker <g>. MedEra Life Science Corp - MedEra Life Science private placement MedEra Life Science Corp MER Shares issued 8,328,459 1999-02-25 close $1.8 Friday Feb 26 1999 The VSE has accepted for filing a non-brokered private placement of: No. of shares: 500,000 Price: 56 cents Warrants: For 500,000 shares Wt exercise price: 56 cents in year one; 65 cents in year two Placees: Peter A. Allard 267,857; Ivest Capital (Arn Schoch) 178,571; and R.R. Investments Ltd. (Leon Smith) 53,572 (c) Copyright 1999 Canjex Publishing Ltd.

To: saul mikaliukas who wrote (3799)	5/3/1999 11:50:00 PM
From: UNDERTAKER	Read Replies (3) \| Respond to of 5206

It's simple. It's called "PUMP and DUMP". The paper issued is at .25. These guys are hyping hard now while fanning out the paper for a 100% profit. "PUMP AND DUMP" This is why this play is a no brain "Short". Come Mid June KRT will be under .30. UNDERTAKER

To: saul mikaliukas who wrote (3799)	5/4/1999 1:01:00 AM
From: Falcon095	Respond to of 5206

Hi Saul! "Quite the contrary, my dear Watson!" (In light of your endorsement, it just seemed appropriate to quote the venerable Sherlock Holmes). :) Soaring High Over The FALC, FALCON095

To: saul mikaliukas who wrote (3799)	5/4/1999 3:29:00 AM
From: Lilian Debray	Respond to of 5206

Can someone give an explanation as to why the pp is at 25 cents and not say 40 or 50? Under Policy 16.1.17 of the Corporate Finance Policy and Procedures Manual. In a Private Placement of equity shares, the purchase price shall be no less than the Market Price for those shares. Market Price is defined as the closing price of the company's listed shares on the trading day before the day the Exchange receives the news release or notice letter, less a discount of 25% for a closing price up to $0.50. The first news release is dated from April 26th. On April 23rd, the stock closed at $.31, up $.05 from the previous day and the previous two weeks. They could even have paid a few cents less for the shares?