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

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To: Richard Cushnie who wrote (1036)2/2/1998 10:16:00 AM
From: BUDDY MOYNIHAN  Read Replies (1) of 5206
 
hello richard and all:

henry - post 1035 - a large cross can mean two things..... first, big investors will go to a junior company they want to get into and ask them for a block of shares with the deal being they will buy the same amount or more on the open market.... in this case a positive thing.... also a house might play with a stock to shake the tree on behalf of big customer. after the house accumulates a block it will cross them to the big investor. another positive. the big negative is if someone just wants to get out of the stock and they know more than the buyer does.... if a stock is depressed it is usually a good sign...... if the stock has already run it might not be positive...... it's tough to call.... for the record i hope to be crossing my krt shares at $17.25..... i'll take canadian or u.s. dollars.... :-)) something about beggars.....??
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richard - post 1036 - the jv meeting is on wednesday and i hope (but i doubt it) that they will approve a news release and we get it by 2/16.... thanks for the ck tip.... good luck.
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buddy
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