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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: Zeev Hed who wrote (695)11/15/1997 6:02:00 PM
From: Miles  Read Replies (1) of 5206
 
You have raised some good points but when you talk about accumulation I'm not sure if that is a good indicator right now with this stock. I'm sure most investors are extremely wary of this stock right now due to the share price, past decisions etc. Who will be accumulating, insiders right, and what interests me is some of the large crosses that have happened in the past few weeks. Cam commented to me a while back that they have been buying when it comes close to the last 4 trading days of the month? I have not posted it because I knew everyone would jump at me and say, you actually believe that! Believe me, I have taken it with a grain of salt. What caught my attention was the 3 or 4 crosses for 35000-50000 shares on the last trading day of Oct. I think we need to see some positive news to restore some confidence that will help the volume. As far as funding for FALC, when I talked to David S. a few weeks ago, he said there is a group in B.C. who is interested at getting involved. What this entails I don't know but he has spent the past 10 days or so in Victoria. I think to expect anticipation of news on a stock that has hurt the confidence of most investors is not going to happen right now. Just one question, has anyone taken at look at the market depth? It sure is thin. Hey what can I say, someone has to show a bit of optimism.
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