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Gold/Mining/Energy : Kensington Resources

KRT 24.51

+2.1%

Jan 30 3:59 PM EST

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To: Bobby Yellin who wrote (66)	6/2/1996 1:38:00 AM
From: J. Kittle	of 5597

Bobby: I hadn't seen any posts from you for awhile and assumed that you were gone or, like everyone else, fully loaded on the juniors and just waiting for something to happen. It seemed like the mining thread was awfully slow this week. I'm not that familiar with how long it takes to get spring drill results. If it takes till fall to get the tests done, it will be a long summer. Did you go to the New York gold show or one somewhere else? I have been to the Las Vegas gold show twice and would like to go again this year, if it comes at a time when I can get away. The show is a good way to get a deductible trip to Vegas. If the truth was know though I probably would be better off financially, if I just stayed at home. I always bring home a bag full of literature and end up investing in something that takes years for me to get my money back. I bought Swannell over 2 years ago after getting the sales pitch at the show and I am about at breakeven now. Swannell is only about 5 miles from Kensington's claim, but don't know for sure where the pipes that they are drilling are in relation to Swannell's hottest prospects. I guess if Kensington news is interpreted as good, then Swannell will be sendig out news telling how close that is to their property. I got into Kensington late and have about a $1.00 gain at the Friday price. Hopefully it will go a lot higher and I can let someone else have 1/2 of my stock. What I have in profit on KRT, I have lost in PPV.A, so I need for it to start moving also. Never satisfied are we. Later. Jeff

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