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Gold/Mining/Energy : Kensington Resources

KRT 24.47

+2.0%

Jan 30 9:30 AM EST

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To: Andre Noenchen who wrote (5571)	7/30/1997 10:18:00 PM
From: Leigh McBain	of 5597

Excuse me Andre, but this appears to me to be a conciliatory release and does NOT really mean a whole lot of anything, except that they finished drilling and sent the samples away. KRT has taken a beating in the past over no news coming out, for what seems like eternities after work projects complete. This is their response to that criticism, they have just announced the completion of the program and thrown out a tidbit or 2 to let everyone know they are still finding diamond. It is not like the next HOPE diamond was likely to be in a grab sample. We are still waiting for the real results from this phase of the drill program. Salut, Leigh Mcbain

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