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

To: Dan Strickland who wrote (800)	12/9/1997 10:59:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 5206

Dan, Until we see very significant volume (like 500,000 to 1,000,000 shares) I do not think that anything is going to happen. From a technical poin of view it is still trending down. Zeev

To: Dan Strickland who wrote (800)	12/10/1997 3:56:00 PM
From: ROY PHUNG	Respond to of 5206

Dan Hmmm! I smell accumulation here....... I believe Kensington is under a top secret accumulation by the market participants lately. Here are few market signals that support my technical analysis: 1. market closed at the high of the day for the last five days. (trend reversal) 2. market participants keep the spread tight by up bidding close to the offers (bid 500 at $0.18 / offer at $0.19) 3. this thread is very quiet and nobody is touting this stock. (investors always have a motive to tout a stock) sell when somebody tout this dog. 4. several downward price cycles have occured causing small holders to give up and sell. Must have few shake out cycles orchestrated by the market manipulators to clean out stubborn holders. Winspear chart is a classic example of shake out cycles done by the market manipulators. 5. no liquidation for a protracted period of time. I am expecting an upward movement possibly by the end of next week. To my knowledge, KRT will be releasing something very short. This a perfect time to pick up shares as impatient sellers are more willing to give up their papers. Good luck all Roy Phung