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


To: Maher Sid-Ahmed who wrote (2384)7/29/1998 4:20:00 PM
From: Michael Mc Donough  Respond to of 5206
 
Has anyone noticed the size of the month end volume figures

March 31 170,600 low trade .40......by April 2 traded at .44
May 1 314,500 low trade .28.........by May 5 traded at .46
June 1 104,600 low trade .28........by June 2 traded at .38
June 30 159,600 low trade .28.......by July 6 traded at .31
July 24 161,000 low trade .25 ...... ???
July 29 136,500 low trade .25

Any theories on why these high volume trades going through at
or just before month end?
Anyone think a trade may be possible here?

Based on past trading, August/September has not been kind months
for the price of the stock...does this have some correlation on
past drilling timeframes...ie were holes drilled much earlier in
the month in past years?

Volume for the year is a respectable 7,890,036 which is more than
what I would have thought. I still think there has/is an accumulation
happening, but I have been so wrong on this stock in the past...

MM

of course as soon as I wrote this another 136,500 trade today?!



To: Maher Sid-Ahmed who wrote (2384)7/29/1998 11:41:00 PM
From: Miles  Respond to of 5206
 
I don't know why it is taking him so long to announce things like getting a new IR?? The bottom line is he has not the job for this company! I can't figure this guy out?? Him and Cam have both put a lot of money into the company yet they have done a poor job of getting the word out, which would not only benefit us, but benefit themselves as well.....this is probably why we are at 25cents or so....I wish they would get their act together, you'd think they'd realize by now that if we don't move at a quicker pace, things will not change. If we can get someone (new director) with some direction and experience then I think it will be the best news for all KRT shareholders. I would sure like to see an IR person hired before the end of Aug. From what I've been told that should happen but until I see it in a release then I'll believe it!