News: KRM Kingsrose Mining updates on ongoing restructuring process, page-7

Hi Moorookamick and all,

I got caught out with this one in at $0.30 and out again at $0.21 (it can be hard to admit when you are wrong however, looking back I think the writing was probably on the wall when Bill Phillips departed after the cheap Chinese water pump fiasco. Had they stuck to the original plan of diverting the river this might have been a successful venture. I just hope Donald Trump has better plan to drain the swamp he refers to as Washington!!!

“Kingsrose Mining's Bill Phillips is one of the few people who can justifiably say “You only get one Kerry Packer in your lifetime”.

“By purchasing these assets, he is literally making millions - assisted by the exponential rise in price of the yellow stuff and the lack of exploration done by Packer's team.”

http://www.smh.com.au/business/unde...erry-packer-for-kingsrose-20110519-1euiw.html

By the way BoroBoyinoz I was born in Parkside maternity home and still keep a house in Yarm.

I wish you and other holder’s better luck in your future investments!

Cheers and very best regards: Andy