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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: BUDDY MOYNIHAN who wrote (535)10/16/1997 10:08:00 PM
From: Graham   of 5206
 
Buddy, Looks like we broke a trading pattern. For the first time in over a year the high for the month is beyond the 7th trading day of the month. I hope this is a good sign. I wish it would have been higher volume today though. Probably will be another Friday after close release to see what we got from PAR. I hope it is more than Miles has stated otherwise we got screwed.
What is also interesting is that for most of todays trades the Ask price was the price the shares were bought for. Maybe the individual or individuals that were selling their shares cheap have ran out of shares. Only time will tell lets just hope tommorrow these same shares are not trading at $0.27.

Good Luck to all KINGS

Graham
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