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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?

To: Lilian Debray who wrote (4011)	6/18/1999 10:18:00 AM
From: Michael Mc Donough	Respond to of 5206

The lack of interest in this is concerning me. Over the last 11 trading days, 269,013 shares have traded. That is an average of 24,445 shares a day or about $8,000. This does not seem like a stock that is under accumulation or at the very least becoming more active prior to any "results." If someone would have told me two months ago (when we were at our lofty .56), that the stock would be back to .31 in June I'd have thought they were nuts given what is forthcoming. To all of you who have traded this thing and made money...congrats (eddy, Bart). I don't see this thing particularily well bid, so I don't see any reason why it can't trade back to .25. I hope these guys (mangt) have some sort of magical game plan that they are keeping hidden from the rest of us because I sure don't see it. Even if they do move this thing they may see a lot more stock coming at them the next time as investors will not get fooled by any more false runs. Speaking of which... of note in the AGM report page six..."compensation of directors"...did anyone else notice how the stock ran prior to the date of grant...feb 12 1998 exercise price .45...two weeks prior traded .26 to .35...two weeks later .65...date of grant oct 23..two weeks before .15 to .20...exercise price .20...two weeks later hit a high of .29 One other note in the AGM report director Murray T. is taking a big interest 1,153,500 as of the AGM report.