Kensington Resources Ltd. (V.KRT) * Diamond in the rough! Message Board

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

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To: Clark Kent who wrote (571)	10/24/1997 9:52:00 AM
From: BUDDY MOYNIHAN	Read Replies (2) of 5206

hello randy and all: robert - post 568 - to add further to an earlier in the week post to you i have a couple of other things to add about when to sell and when to average down.... please keep in mind that these are my views and i am currently losing money on krt.... first, look to see what the company is doing drill-wise.... here, krt is waiting on drill results which should be out next month..... second, krt mgt has just exercised 200k options at 50 cents but as i have been told, these haven't showed up on any insider trading report so further inquiries are needed.... but, since the stock is at 30 cents and some are exercising options at 50 cents i'd take this as a very good sign that near-term share appreciation is possible/probable.... at least the "insiders" think so... the industry krt is in (albeit the area isn't) is hot (diamonds). as for averaging down ("do you feel lucky punk?") it depends on how far down you are imho and whether it is worth holding on for.... one other bit of news you have is that krt released very good caustic dissolution results which i hope/expect means very good overall drill results that should be out next month... good luck either way you go... - rick - post 569 - thanks for your input, an expert's opinion is always welcomed.... - randy j - post 571 - thanks for the ted carter tip.... - buddy

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