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

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To: TATRADER who wrote (1270)3/7/1998 3:25:00 PM
From: Michael Mc Donough  Read Replies (1) of 5206
 
Tatrader: The GATE story is an interesting comparison. First volume explosion moved it only from .50 to .70 then the really big volume kicked in, so hopefully the comparisons are there. Trading activity during the last move was
Feb 11 96,000 shares....closed @.33
Feb 12 254,000 shares...closed @.39
Feb 13 378,000 shares....closed@.53
Feb 16 408,000 shares....closed@.56

It was like news was expected during this time, but never occured so the price dropped back to the mid .40 range on volume of a measley 40,000 shares. The exchange was probably saying why is this stock moving, so if you have no news quiet things down a bit.

I think the points being made about Fridays trades are excellent, something is up and with a little news could be having trading days of 500,000 plus. If we get both these (news and volume) I'm with you Tatrader it is rock and roll time.

MM
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