posted
FOLKS, let me tell you all a story. I bought into this company on pure speculation TWO YEARS AGO,,I payed More than 90% of you,,but I will say I spent 90% less...
Why did I buy this stock ? I bought it for one reason only, Kensington resources after a power struggle with DeBeers came to an agreement,,that was a JOINT project in Fort A lacorne, A place I have visited,,and a place that showed promising results in Kimberlite finds.
The fact that CKKX actually was able to make claims near the DeBeers site was enough for me to throw a few bucks to the wind, in the drawer for 5 years and maybe , just maybe they will hit some thing worth digging for,,just like KRT and DeBeers,,Thats it,,100% LONG SHOT GAMBLE SPEC,,The only error I made was not buying KRT listed on the TSX..
Now here is a bulletin by KRT after several years in the Fort A Lacorne area,,by the way,,KRT has " 52.2 MILLION SHARES OUT " They trade at, .87 cents,,They have fluctuated from .50 cents to 1.00 back to .60 to .87 over THREE YEARS ...
NOW,,All those here that are showing unbelievable exhuberance and disney type dreams better get yourselves in CHECK.
How in Gods name do people dream up things like .50/share marks when first off CMKX is just getting under way,,NOT TO MENTION BILLIONS OF SHARES OUT,,,"GET REAL" Please.....
THE LATEST BULLETIN..........
Management's Nominees Re-Elected to Kensington's Annual General Meeting
VICTORIA, BRITISH COLUMBIA, Jun 11, 2004 (CCNMatthews via COMTEX) -- (CCN Mathews)
Kensington Resources Ltd. (the "Company") reports that all of management's nominees were re-elected to the board of directors at the Company's annual general meeting today. At the board meeting following the annual general meeting, Robert A. McCallum was reappointed President for the ensuing year.
Commenting on his re-appointment, Mr. McCallum stated, "I believe that Kensington has enormous upside potential and the Company's shares are extremely undervalued. Working in concert with shareholders, our Board and our Joint Venture partners, I believe I have the opportunity, the resources and the experience to make a difference."
In addition to discussing his reasons for joining the Company, Mr. McCallum discussed his immediate priorities which include preparing for the Fort a la Corne Joint Venture Meeting scheduled for June 16, 2004. The PowerPoint presentation from the annual general meeting will be posted on the Company website shortly.
Annual General Meeting
All of the current directors of the Company standing for re-election were elected by the shareholders at the annual general meeting. They include: Robert A. McCallum, David H. Stone, Murray Tildesley, Tony Pezzotti and James R. Rothwell. Mr. William E. Zimmerman did not stand for re-election to the board due to other commitments. "The Company wishes to express their appreciation for the efforts and contributions made by Mr. Zimmerman during his service as a Director of the Company from 2001 to 2004 and extend their best wishes to Mr. Zimmerman for the future, including his continued involvement with the Company as a member of the Technical Committee," stated Mr. McCallum.
Following the annual general meeting, Mr. McCallum introduced Brent Jellicoe, Chief Geologist of the Company, who reviewed the exploration highlights of the 2003/2004 program.
Joint Venture Meeting
The Fort a la Corne Joint Venture Meeting will be held in Saskatoon, Saskatchewan on June 16, 2004 at which time the partners will be discussing a new strategy for the coming year. Details of the forward program will be announced as soon as it has been finalized and approved by the joint venture partners.
The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.25%), De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (5.5%) and UEM Inc. (carried 10%). The 71+ kimberlite bodies of the Fort a la Corne Field form one of the largest diamondiferous clusters in the world.
ON BEHALF OF THE BOARD OF DIRECTORS OF KENSINGTON RESOURCES LTD.
Robert A. McCallum, President
TRADING SYMBOL: KRT-TSX.V
FORM 20-F FILE #0-24980
"MAYBE THIS WILL MEAN SOMETHING TO THE OVERNIGHT MILLIONAIRES" As well, maybe backing your bets in companys like KRT might be a wise idea.......
quote:Originally posted by winmaccer: FOLKS, let me tell you all a story. I bought into this company on pure speculation TWO YEARS AGO,,I payed More than 90% of you,,but I will say I spent 90% less...
"AND HERE IS THE LATEST ON FINDINGS BY KENSINGTON AND DEBEERS" "Compare CMKX message"
Kensington Resources Ltd.: Favourable Microdiamond Results for Kimberlite 122
VICTORIA, BRITISH COLUMBIA, May 21, 2004 (CCNMatthews via COMTEX) -- (CCN Mathews)
The Board of Directors of Kensington Resources Ltd. (the "Company") is pleased to report new microdiamonds results and a preliminary geological model for Kimberlite Body 122 of the Fort a la Corne Diamond Project in east-central Saskatchewan. Microdiamond results were recently received from the operator, De Beers Canada Exploration Inc. for work completed by the Saskatchewan Research Council (SRC). Results from the 2003 core drilling and sampling program clearly show an improvement of microdiamond abun****** compared to historical recoveries for this body. Kimberlite Body 122 is one of the largest bodies in the Fort a la Corne field with a footprint of 100+ hectares (based on a 30-metre modeled thickness cutoff).
A total of 327 microdiamonds were recovered utilizing caustic dissolution methods from 412.65 kilograms of core submitted to the SRC (Table 1). Representative slabbed core samples were collected from 11 HQ coreholes widely spaced across the 122 body. Six of these stones have at least one dimension exceeding 0.5 mm in length and are considered to be macrodiamonds. The SRC recovered and reported diamonds down to a lower cutoff of 0.075 millimetres in size; diamonds passing through a 0.075 mm screen were not included in the stone tallies.
Initial geological modeling of distinct kimberlite phases by De Beers, based on drill core from Kimberlite 122 shows the body is divisible into two main craters, and a subordinate third area based on relatively sparse information. The northern crater is dominated by massive to graded beds of olivine/lapilli pyroclastic kimberlite (MPK-N) overlain by interbedded sediments, resedimented kimberlite, and kimberlite (UCSK-N).
Similarly, the south crater is dominated by variably massive to bedded, fine-grained to coarse-grained, olivine/lapilli pyroclastic kimberlite (MPK-S) partially overlain by a cap of interbedded sediments and resedimented kimberlite (UCSK-S) on its' northern fringe. Other pyroclastic kimberlite (OPK) dominates the kimberlite intersection at drillhole 03-122-10, but the overall kimberlite intersection here has attenuated to 28.9 metres from a thicker interval of 53.4 metres in drillhole 03-122-09. One unit of other pyroclastic kimberlite (OPK-S1) forms a small pod near the centre of the southern crater. Drillhole 03-122-07 is the only intersection that has a basal unit of interbedded sediments and kimberlite (SAK). The order of emplacement for the individual kimberlites and their contact relationships within, and between, the two main parts of body 122 are not fully understood at this time.
The north sector of Kimberlite 122 had total recovery of 133 stones, of which 2 macrodiamonds had at least one dimension greater than 0.5 mm. Most of the stones were recovered from the MPK-N kimberlite phase producing the best average stone abundance of 9.8 stones/10kg. The overlying UCSK-N gave an average abundance of 7.5 stones/10kg based on recovery of 18 stones from a much smaller sample mass. Table 1 shows the recovery of stones by kimberlite type and area.
By comparison, the south sector returned lesser stone abun****** of 7.3 and 3.9 stones/10kg for the MPK-S and UCSK-S phases, respectively. The MPK-S unit had four macrodiamonds with at least one dimension greater than 0.5 mm. OPK-S1 in the southeastern part of the body returned an average value of 8.0 stones/10kg based on the recovery of 26 stones from 32.40 kg of sample.
Click here for additional information
In terms of size fractions, approximately 38% of the stones were recovered on the 0.075 mm sieve and 83% of the stones retained in sieves less than 0.212 mm (Table 2). Overall, percentage recoveries by sieve class were very similar for the north and south sectors.
Recent stone recoveries from caustic dissolution are significantly higher than similar types of historical results. Table 3 shows a comparison of diamond abun****** for historical and recent results. Seven drillholes located in the south part of 122 were tested for diamond content from 1993 to 2000. Diamond abun****** for these drillholes ranged from 0.8 to 4.5 stones/10kg compared to an average of 7.3 stones/10kg for the 2003 coreholes located in the 122 south crater (MPK-S and OPK areas). For the 122 north crater, combined MPK-N/UCSK-N diamond abun****** are 3 times that seen in rotary hole 122-01, which was drilled in 1989. Simple evaluation of microdiamond stone counts in isolation are insufficient to estimate macrodiamond contents, but can be utilized in diamond size frequency distributions to give grade forecasts. For a more detailed explanation of recent and historical diamond recoveries from Kimberlite 122, see the expanded version of this news release located on the Kensington Resources web site (www.kensington-resources.com).
Microdiamond results for an additional high priority kimberlite body (150), drilled during the fourth quarter of 2003 are expected in the coming weeks. All results reported in this news release were part of the 2003/2004 exploration program, which was budgeted at $3.1 million. Microdiamond recovery and geology results from this work will facilitate decisions concerning further exploration and evaluation programs during the remainder of 2004 and early 2005.
Brent C. Jellicoe, P.Geo. is the Qualified Person for the Company and has reviewed the technical information herein. All aspects of quality assurance, quality control, and sample chain of custody for the Fort a la Corne Joint Venture are managed by De Beers Canada Exploration Inc., the project operator.
The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.25%), De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (5.5%) and UEM Inc. (carried 10%). The 71+ kimberlite bodies of the Fort a la Corne Field form one of the largest diamondiferous clusters in the world.
ON BEHALF OF THE BOARD OF DIRECTORS OF KENSINGTON RESOURCES LTD.
David H. Stone, Director
FORM 20-F FILE #0-24980
LISTED IN STANDARD & POOR'S
TRADING SYMBOL: KRT-TSX.V
[This message has been edited by Allstocks (edited June 16, 2004).]
******* A MUST READ ************ IF we think about it this KPG/UCA news release "NOT A PR" MUST BE FAKE (SCAM). If you go to the TSX website where both KPG ans UCA are traded you will see that the only PR's out for those two companies were the ones stating that the halt was lifted. Also, if you go to UCA's website they do not gave this PR posted under their investor info. / PR's. Now if you go to stockwatch it gives their email to send "your companies pr" so that they can post it. I wonder if they verify the info that they put out or if just anything can go. They are the only ones that have put out this so called press release!! I have not been reading the board this evening and this might be old news but I really think someone is screwing around with us!!!!
posted
You Know what. After going to the above TSX and inputed the two partner companies into the stock-press release quote entry. The SO CALLED "pr" is NOT THERE.
WOW I am GLAD I didnt SELL my SHARES NOW !!
PR was A FAKE !!!!
THIS IS A GOOD BUYING OPPORTUNITY while it lasts !!!!!
1 I can confirm that a PR is coming shortly. Be patient for it. It will be a good news for all shareholders.
Urban Casavant
2 For those looking for a definitive answer from the company, we are not allowed to give price projections on our own stock. But I can tell you that I am also a shareholder and am not selling anything now at these rates.
Urban Casavant
3 Melvin is here for good. There is no question of removing him. He has done more for this company than you can imagine. He is the backbone of CMKX.
Be patient and don't swing trade. You will be happy in the long run, and Melvin will have helped you a lot.
Urban Casavant
4 Dear shareholders,
Please be patient with the core content reporting. We will reveal all the details step by step as the tests are conducted. There are other finds that we have not yet released, so do not jump ship everytime we fail to say we found giant diamonds.
In just 88 pounds of soil we have found diamonds. Try digging in your backyard and see if any diamonds come up? The fact that we have diamond bearing kimberlite means the diamonds are there. Now its just a matter of digging the diamonds out. In 88 pounds of dirt you cannot expect huge diamonds to be found. Its not that simple. The tests are only to confirm that diamonds exist. Now we have to process tons of soil in order to find the big diamonds, which are rare and spread out.
tell me if I'm wrong. We have the data from one core sample with a total weight of 40.10 kilograms. The samples of that total weight were taken from hole number 1. 11 half/sections of core sample were tested, with a total weight of 40.10 kilograms. In pounds that would be about 88 pounds. The size of the 2 diamonds is by average a bit less than 1/4 inch, more than 3/16. If we assume this is a average of the gem stone's content, we should come up with 46 diamonds in a short ton. The cost to mine a short ton in open pit mining is about $10.00 a ton. What is bad about that? I don't understand. And odds are there will be pockets of a larger number of stones. I can say with authority, if this were a Gold Mine, .43 of a Troy Oz in a short ton would be a workable mine. a ton by average is a cubic yard. I think it looks good. Tell me where I'm wrong....
Do the DD. But this is GOOD NEWS even IF the PR was NOT FAKE.
posted
HI Everyone. As you CAN SEE. I could NOT SLEEP. So I decided to do some searching this early AM for you ALL. And I posted some of What I found. VERY INTERESTING STUFF.
PR WAS FAKE !!!! HARD DD HERE FOR U ALL Melvin fell for it and only wanted to protect us. He just didn't do it so well. Knowing melvin, he will be out tomarrow giving 110% again and will make it up to us.
That is why we like him, remember!!
HE WAS WILLING TO MAKE A FOOL OF HIMSELF JUST TO HELP SHAREHOLDERS AND UC. UNFORTUNATELY, IT WAS A MISTAKE AS THE PR WAS FALSE.
How can u be upset with a good man?
1. I have an email from ucad walker saying they do not have results back yet, dated yesterday.
2. If you read the PR there are a lot of mistakes like cmkx being on the otc.
3. People called walker and he said is was fake
4. Only one news place had the news, thats it and they confermed they don't varify things
5. WE KNOW MARKETMAKERS NEEDED SHARES NO MATTER WHAT IT TAKES TO COVER.
6. UC's words were that WE HIT IT BIG
7. No matter what, we are still way undervalued at .001
HOLD LONG AND STRONG AND WE STILL GOING TO BE MILLIONARES!
posted
earth shaker - no offence mate, but posts from someone claiming to be urban casavant posted on the cmkx website after midnight does not really give much credibilty to your sources. Again the fact that the posts have been deleted from the company website pretty much renders the information usless.
IP: Logged |
quote:Originally posted by Earth_Shaker: MORE FROM ANOTHER BOARD:
PR WAS FAKE !!!! HARD DD HERE FOR U ALL Melvin fell for it and only wanted to protect us. He just didn't do it so well. Knowing melvin, he will be out tomarrow giving 110% again and will make it up to us.
That is why we like him, remember!!
HE WAS WILLING TO MAKE A FOOL OF HIMSELF JUST TO HELP SHAREHOLDERS AND UC. UNFORTUNATELY, IT WAS A MISTAKE AS THE PR WAS FALSE.
How can u be upset with a good man?
1. I have an email from ucad walker saying they do not have results back yet, dated yesterday.
2. If you read the PR there are a lot of mistakes like cmkx being on the otc.
3. People called walker and he said is was fake
4. Only one news place had the news, thats it and they confermed they don't varify things
5. WE KNOW MARKETMAKERS NEEDED SHARES NO MATTER WHAT IT TAKES TO COVER.
6. UC's words were that WE HIT IT BIG
7. No matter what, we are still way undervalued at .001
HOLD LONG AND STRONG AND WE STILL GOING TO BE MILLIONARES!
I couldn't agree with you more. The fake pr's were the work of MM's desperate to get their money back. Hold on guys they aren't done yet. Those assholes want it all. I'm staying for the long haul. They found diamonds. There are more to be had. Hang in there everyone.
posted
Is it true that today CMKX has a joint venture meeting with Kensington/DeBeers?
There will be a Joint Venture meeting at Fort a la Corne on June 16 by Kensington Resources Ltd. (42.25%) De Beers Canada Exploration Inc. (42.25%) Cameco Corporation (5.5%) UEM Inc. (carried 10%) source: http://www.kensington-resources.com/s/LatestNews.asp
2. CMKX owns 25 claims at Fort a la Corne wich equals 10.912 acres. Two of those claims ar " known diamond-bearing property operated by Kensington (KRT), Cameco, DeBeers" Source: http://www.businesswire.com/cgi-bin/cb_...oter_file=
What pretell is so 'good' about it...heheh. Just kidding. In fact NY Metro weather is looking great right now. Hmmmmmm.... the sky is sparkly... not unlike diamonds... muwahahahahahhahahah...
I just hope my check gets to choice trade by thursday (Hers-day?!?! like it isn't 'womens day' every day?!?) or Friday... Anyone think we will continue to fill the gap from monday, until Friday?
posted
Darrenbaker-Thanks for the posted article about 'Stockgate'. This alone is reason to hang onto your shares. I do believe that this company is going to force the covering of the naked shorts on this stock. This is the second reason I bought this stock and I can hardly stand the wait. I do think it is soon. IMO-DD-GLTA-Debi
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
