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Gold/Mining/Energy : Kensington Resources

KRT 26.01

+2.2%

3:59 PM EST

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To: Tracy Vonah who wrote ()	5/22/1996 4:26:00 PM
From: Bob Bryenton	of 5597

Just talked to David Stone from Kensington Inv. Rel. He says that we should see a news release on pipes 145, 220, 120, and one more but I cant make out my own notes. We should also see financial statements from the two newly aquired mine sometime within the next month once the DFR AGM on the May 27 is past. He said we should also see some grading results from the winter drill program as soon as DeBeurs (bad spelling) is finished with them. If it turns out that they have Gem Grade minable Kimberlites the stock could follow Diamet's climb to $60. Keep in mind that KRT now has 2 Revenue producing Diamond mines (2 - 4 million US/year before the upgrade). They also have the Clearwater Nickle play where we should see some results in early June. This is a stock that will bounce around as the flippers play their game. Accumulate while its low, I don't think you'll be disappointed in a month and a half. Bob :^)

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