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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: Andre Noenchen who wrote (5571)	7/30/1997 10:09:00 PM
From: J.Mcguire	of 5597

Andre, this news release has nothing to do with results. I am not sure as to the details on the 14 grab samples as this is new news to me.....Buddy can you elaborate on those. Management is problably trying to tell us simply to not expect any macros out of these samples by referring to them as MiDa. It's going to take a while yet for this market to come back....... October is my guess, and with any luck KRT's results may be just about ready then. JM PS any one see Winspear's news release from last night..... 20 macros recovered from a 43 kg sample equating to 465 macros per tonne.......result, stock down today from $1.72 to $1.51

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