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please see..... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68767213
same reply applies to you.
glta
please.... BVIG hardly trades at all,
this is a non-issue as far as I'm concerned.
Yes, KS has had the ability to sell millions of shares of BVIG,
but it is apparent that he has not been selling.
also, this is all just my opinion, of course....
don't look at me as a company spokesperson, get real....
glta
please.... BVIG hardly trades at all,
this is a non-issue as far as I'm concerned.
Yes, KS has had the ability to sell millions of shares of BVIG,
but it is apparent that he has not been selling.
also, this is all just my opinion, of course....
don't look at me as a company spokesperson, get real....
glta
yes, perhaps you did....
sorry, but discussing BVIG business could be considered "off topic",
but I will say that it is clearly apparent that KS has not nor has any intention of selling BVIG shares for his personal gain as you seem to suggest.
conspiracy theories abound . . . .
unfounded, and without factual basis, imo
glta
P&D??
thats funny..... I'm seeing a P&S (poop and scoop).
glta
I already have explained, but it seems that you are not interested in comprehending, imo
if you insist that your theory is correct, well then.... good luck to you.
but please be aware that it is not by any means factual.
glta
you say scam, I say delay....
it is that simple.
glta
perhaps your expectations of BVIG share distributions are premature.
not yet does not mean not ever.
glta
thanks for the education, B4....
Your Quote:
--------------------------------------------------------------------------------
"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace. After pumping the stock, fraudsters make huge profits by selling their cheap stock into the market.
Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.
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this quote reminds me of another devious pinky scam....... Poop and Scoop-
What Does Poop And Scoop Mean?
A highly illegal practice occurring mainly on the internet. A small group of informed people attempt to push down a stock by spreading false information and rumors. If they are successful, they can purchase the stock at bargain prices.
Investopedia explains Poop And Scoop-
Poop and scoop is the opposite of pump and dump
Read more: http://www.investopedia.com/terms/p/poopandscoop.asp#ixzz1d4DHPGQ8
glta
Katx is current in its filings and has been for quite some time.
Many posts are criticized because they are not current.
YOURS IS ONE OF THEM, LOL
Katx Promptly Delisted from SEC filings after Trading started as Katx
http://ih.advfn.com/p.php?pid=nmona&article=38158513
very misleading post, imo....
some 80 companies have been suspended and are currently trading on the greys
http://www.otcbb.com/dynamic/marketwatch/tradehalthistory.stm
isn't that nice..... scare tactics have made their way to the stickys.
I agree that this should be removed.
glta
thanks for the info....
Process Description
In the hydromet process for sulphide concentrate, a finely ground nickel-cobalt-copper concentrate will be processed in a pressurized vessel where it will react with oxygen and sulphuric acid to produce an impure solution of nickel, cobalt and copper. This solution will pass through a number of chemical purification steps ending with removal of impurities and separation of nickel, copper and cobalt. The copper and cobalt will be recovered as by-products.
http://www.vbnc.com/OperationsProcessing.asp
glta
also for copper processing....
apparently not as commonly known.
http://www.vbnc.com/MineFAQ.asp
glta
I don't recall any "barren" holes drilled on RR....
perhaps you are misinterpreting the results released thus far.
can you please elaborate.
tia
glta
well then, it appears that your opinion is in conflict with many others, including the professional geologists who commented on Kat's drill programs.
please don't let all the facts skew your opinions.....
Re: Rusty Ridge-
"We are very encouraged by the presence of rare earth element rich rocks at Rusty Ridge and are eagerly awaiting the next batch of assays to find out just how consistent REE are at depth and if the grades improve. While there is much work yet to be carried out to determine the significance of this discovery, we feel we are in the very early stages of a most interesting project."
The Company's exploration work on the Rusty Ridge Project is supervised by Barry A. Sparkes, B.Sc. (Hons.), P.Geo. and J. Wayne Pickett, M.Sc. P.Geo., both members in good standing of the Professional Engineers and Geoscientists of Newfoundland and Labrador. Mr. Sparkes and Mr. Pickett have verified that the results presented above have been accurately summarized from the official assay certificates provided to the Company.
http://www.marketwire.com/press-release/kat-exploration-inc-drills-rare-earth-elements-rees-at-rusty-ridge-1373395.htm
Re: Handcamp-
"The first phase of exploration, which included induced polarization geophysics, trenching and 1640m of diamond drilling in 12 drill holes, has now been completed on the Hand Camp Property. A second phase starting this fall is in planning and will include additional line cutting, induced polarization geophysics and diamond drilling. With data collected so far and the very encouraging results from this first phase, the company feels that this project warrants a full scale exploration program to determine the true significance of the deposit. With just four areas drilled at such wide intervals within such a large structure and the fact that we intersected gold in all 12 drill holes, we feel there is high potential for further encouraging results within this mineralized structure. Also the number of targets yet remaining to be tested outside this determined structure lends itself to a high degree of optimism that this project will be of great value to the company."
The Company's exploration work on the Handcamp Project is supervised by J. Wayne Pickett, M.Sc. P.Geo., a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador and a Qualified Person as defined in NI 43-101. Mr. Pickett has verified that the results presented above have been accurately summarized from the official assay certificates provided to the Company.
http://www.marketwire.com/press-release/kat-exploration-inc-bella-viaggio-inc-handcamp-drilling-intersects-very-encouraging-1309659.htm
glta
I'm hoping that Ken can pull a rabbit out of his hat....
rabbit= gold, silver, copper, iron, REE's ....
hat= RR, HC, and/or Lucky . . .
well within the realm of possibilities, imo
gltu and all
I understand your position, cheepo....
I agree that 2011 has been a difficult year for Kat.
but- only time will tell which way this stock goes...
no guarantees, either way. I hope the best for both of us . . . .
glta
okie doke, cheepo..... some might believe that one should consider much more than that,
but..... good luck to you and all
go Kat
OK, I see..... thanks for your opinion...
perhaps you are aware that news may be imminent any day....
long term financing,
phase II drill program on HC
final results of phase I drill program on RR
update on Vale/Kat JV option on Lucky
just to mention a few highlights . . . . .
try to think outside of the proverbial box, my friend.
glta
interesting, cheepo....
are you suggesting that when a stock falls down, it has no chance of rebounding or reaching new highs??
tia
glta
thanks for replying, B4... but you may be aware that drilling by Vale on Lucky is not required, but purely optional.....
you stated.....
And Drilling Assays were Poor
fyi- drilling could be in process on Lucky,
you or I wouldn't know..........
poor drilling results??
sorry to disappoint you, but geo's agree that all of Kat's drill programs provided impressive results thus far, more to come re: RR, HC, and Lucky . . . . .
I doubt that financiers lost interest, as you've stated,
more likely KS has learned that financial support is good, but needs to be beneficial to both parties....
imo
Kat may have good potential, but financiers should not be the sole beneficiary of Kat's success. Principals and investors should share in the bounty, jmho......
your reference to P&D is bologna, imo . . .
glta
Agreed, 955... not just another typical pinky here, imo
I've corresponded with Ken and his staff, as have many of my trusted friends and fellow investors.
I don't paint a rosey picture nor did they. My trusted friends and myself agree that Ken Stead will do anything and all possible to move Kat forward, despite the obstacles and hurdles that must be overcome in the process . . . . thankfully, Kat has numerous properties with serious potential value, as well as valuable human resources at hand.
it has been said that sometimes you gotta go through hell to get to heaven....
btw- thanks to many for scaring folks away from Kat, I've bought many cheep shares recently .... as have many others . . . . . . . more profits for us when this thing goes north!!
go Kat, go Ken and Co.....
glta
I agree, 955... I do see desperation, but not coming from the company, hehe
hard to believe the wild accusations and scenarios presented here at times, but..... I do agree that in the absence of substantive news, it creates fertile grounds for negativity and worse case scenarios, jmo . . .
glta
I agree, 955... I do see desperation, but not coming from the company, hehe
hard to believe the wild accusations and scenarios presented here at times, but..... I do agree that with the absence of recent substantive news, this creates fertile grounds for negativity and worse case scenarios by critics, jmo . . .
glta
interesting... louie, please provide links or evidence of Kat pumping and hyping . . . .
please keep it fairly recent and relevant, tia . . . .
I may be wrong, but haven't seen much from Kat at all this year..
Pumping and hyping?? lol
glta
apparently Kat decided not to participate...
we can all speculate why....
but it is clear that many other companies chose not to attend as well (too numerous to mention), not just Kat.
http://www.nr.gov.nl.ca/NR/mines/miningweek2011/brochure_2011.pdf
http://www.nr.gov.nl.ca/NR/mines/miningweek2011/Floor%20plan%202011%20V9.pdf
glta
Provincial Mining Week is underway in Newfoundland and Labrador with a focus to promote the economic and employment benefits associated with the minerals industry, a news release notes.
“The mining and minerals sector plays an important role in strengthening the provincial economy and securing employment for the people of Newfoundland and Labrador,” Natural Resources Minister Jerome Kennedy said. “Provincial Mining Week is an opportunity for our government to come together with industry partners to discuss the many benefits derived from mining.”
Events in support of Mining Week will include a career expo, women in mining forum, public lecture, educators’ workshops, and Mineral Resources Review, the premiere event of the week and Eastern Canada’s largest mineral industry conference and trade show.
The provincial mining industry is experiencing solid growth as a result of improved commodity prices, and increased international demand and mineral production. The gross value of mineral shipments for the year is forecast to be $4.7 billion, the highest on record for Newfoundland and Labrador. Exploration expenditures have risen to $155 million with provincial employment at a 35 year high due to increased employment by most mining operations in the province.
http://www.thetelegram.com/News/Local/2011-11-01/article-2792523/Mining-Week-to-promote-benefits-in-Newfoundland-and-Labrador/1
glta
good catch, solid...
who knows how many hundreds or thousands of naive investors would have concluded that Kat has the option to JV with Vale, lol
although, it is accurate to say that Kat has an option agreement for JV with Vale....
seriously, good to have a semantics inspector on board.
thanks for the clarification . . . .
glta
Kat incorporated in 2005.
many have said "the end is near" since the beginning!
here we are, 6+ years later..... still hearing "the end is near", lol
I suspect that the beginning of something very good is near . . .
of course, opinions may vary.
glta
I assume that you are referring to Kat's IOCG property, Rusty Ridge, where preliminary drill results indicate substantial REE's with gold potential and additional results are pending.
Or maybe you're talking about Handcamp, where notable silver and gold were present in every hole drilled in the initial 12 hole drill program.
Perhaps you are not interested, but I would confidently presume that most geo's and possible JV partners would think differently.....
glta
I suspect Kat and Vale confer on a regular basis, anyway....
participation in the event is fairly inexpensive, I seriously doubt that the cost is a factor in attendance.
glta
correct dave, currently Kat is sub-penny...
but that is not a good reason to misrepresent, suppress or ignore facts.
these same facts may be what turns this kat around and turn those frowns upside down . . . .
imo
glta
Nor is Mr. Stead guilty of using the term "Olympic Dam" without factual foundation, while speaking of Rusty Ridge.
Mr. Timothy Froude, P. Geo referred to Ken's Mountain as having "Olympic Dam" qualities several years prior to Kat Exploration being incorporated.
facts are facts, I'm aware that many continue to choose to ignore facts and prefer rumor and unfounded suspicions....
que sera, sera . . . .
glta
I believe this is where the reference to "Olympic Dam" began...
Dennis V. Woods Report on RR:
February 2002
"CONCLUSIONS
The results of the 2001 exploration program were highly successful in identifying coincidental
magnetic, IP/resistivity and soil geochemical anomalies that suggest potential for a body of iron
oxide +/- base, precious and rare earth type mineralization, similar in style and setting to the
giant Olympic Dam deposit in Australia.
Olympic Dam and related deposits all occur within continental rift sequence rocks adjacent to
major structures. The South Princess Property is located within a continental extensional
environment within peralkaline rocks emplaced adjacent to a regional fault system (O’Brien,
1993). The presence of a large magnetic body that appears to be intrusive into the overlying rock
sequences that appear regionally altered, are variably pyritic and contain vein type fluorite
mineralization appears to suggest a magmatic origin for the mineralization.
Recently completed 3D inversion modeling of the airborne magnetic data show a discreet, strong
magnetic anomaly underlying the Ken’s Mountain area. "
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch19/NFLD_2779.pdf
glta
looks like Vale is not attending the conference either...
are they broke too??
lol
glta
yes, I agree.... just your opinion.
mine differs, as do many others that I am aware of . . . .
(facts...LOL)
glta
thanks for your opinions!
much of what you've stated lacks factual foundation, imo
glta
c'mon now, seems unfair to single out one poster for expressing his opinion.... Isn't that allowed on such a forum as this?
"Or is it just more made up garbage and hype ..."
... as done here 24/7 ...