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

To: Steve Rose who wrote (621)	10/29/1997 12:26:00 PM
From: Michael Mc Donough	Respond to of 5206

Boy, lots of action on this thread all suddenly. True, corporatly this company is a mess, but remember 1. joint venture with three majors that have spent more than 20 million 2. 85 tons from the bulk sample have been sent to South Africa and are due out within the next month. 3. Kensington has found a diamond of 1 karat 4. Shore Gold samples have been sent to SRC and should be received in the next 2 weeks. 5. KRT is trading at historic lows 6. another bulk sampling is planned for early next year 7. there seems to be an increasingly negative slant on KRT from a select group of individuals...granted the past year there wasn't a lot to get excited about, but you have to wonder what there exact intentions are... why not beat up a stock that is trading capable of a good short, not one that is .25.