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Gold/Mining/Energy : Kensington Resources

KRT 25.04

+2.2%

Feb 2 3:59 PM EST

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To: Chadwick Morgan who wrote (47)	5/28/1996 12:11:00 PM
From:	of 5597

Spoke with Kensington this morning and was told by the receptionist answering the phone that they are waiting on a Joint Venture partner to return the release. Once the get it back, they will release it. I also think that they should be a little more attentive to when news is released. Today's trading is a direct representative of that. Yesterday, on hype that news would indeed be released, the price rose sharply. The news wasn't released as expected, causing the price to settle back down a little today on fairly low volume. Just my observations... Randall S. Nieland

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