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


To: Michael Mc Donough who wrote (1902)6/1/1998 6:37:00 PM
From: Richard Cushnie  Read Replies (2) | Respond to of 5206
 
Its definitely positive. These crosses have to be insiders and
friends positioning in the stock. We have seen Global buying stock
practically every day for the last several months and then we see
crosses between that house. That could mean that someone at Global
was buying up stock in the open market and then crossed it over to
someone else. Who? I don't know but they are obviously not doing this
just to screw around right? There has to be some major purpose to
this constant buying and now these recent crosses. We know that the
AGM is coming up, we know that they want to promote, we also know that
they are going to raise more money and continue drilling so maybe we
could say that they are trying to get more control of their stock.

For the last several months you can probably deduce that the small
retail trader/investor has become frustrated with the company and
the slow progress of things so they sell, thereby transferring control
to the company who is buying their stock. Eventually KRT will get
things going again but not until everything is in place.
That means they need to get control of as much stock as they can, get
the share price to a decent level, get some money in the till and then
go drill some holes in the ground. That's the hard part, after that
its easy. Comments?

06/01/98 - 17 Trades for KRT

Ex Time Price Change Volume Buyer Seller Marks

V Jun 1 13:28 0.35 0.00 1000 031 Global 031 Global T
V Jun 1 13:25 0.33 -0.03 300 087 Wolverton 018 Georgia Pacific E
V Jun 1 13:23 0.32 -0.03 4000 031 Global 018 Georgia Pacific T
V Jun 1 13:10 0.32 -0.03 4000 031 Global 018 Georgia Pacific T
V Jun 1 12:39 0.32 -0.03 1000 031 Global 018 Georgia Pacific T
V Jun 1 12:39 0.32 -0.03 2500 031 Global 018 Georgia Pacific T
V Jun 1 12:01 0.32 -0.03 3000 035 Canaccord 018 Georgia Pacific T
V Jun 1 11:55 0.32 -0.03 4000 009 Green Line 010 Dominick T
V Jun 1 11:55 0.28 -0.07 5500 010 Dominick 008 Research Capital T
V Jun 1 11:55 0.30 -0.07 1000 009 Green Line 008 Research Capital T
V Jun 1 11:55 0.30 -0.07 5500 026 Haywood 008 Research Capital T
V Jun 1 10:56 0.31 -0.04 300 018 Georgia Pacific 018 Georgia Pacific E
V Jun 1 10:56 0.31 -0.04 14500 018 Georgia Pacific 018 Georgia Pacific T
V Jun 1 10:56 0.31 -0.04 5000 031 Global 018 Georgia Pacific T
V Jun 1 09:25 0.34 -0.01 28000 031 Global 031 Global T
V Jun 1 07:44 0.34 -0.01 9000 031 Global 016 Yorkton T
V Jun 1 07:42 0.34 -0.01 5000 031 Global 016 Yorkton T