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

To: Richard Cushnie who wrote (1249)	3/2/1998 7:08:00 PM
From: Miles	Respond to of 5206

I had an interesting chat with Cam this afternoon. First off, the pp is remaining open so that they can get some bigger players in to the picture. It should be closed shortly though. They are trying to light a fire under the ass of Monopros to get things moving and hope to have a release out shortly. I personally think that this level presents a good buying opportunity. For them to attract someone for the pp, it will be much easier if they can keep the stock price above 40cents. It would make no sense to let it fall further. I am not sure if the pp closing will be out before the drill results. I do not think this is really all that important, as long as the results are good, the share price will move accordingly. I am still confident that our little run to 60 cents was market positioning in anticipation of a bigger jump, the market obviously knows something we don't? But I think it is safe to assume the results are good!! Just my 2cents