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Agreed, if you read and do your DD, you will find "Ken's Mountain", Rock...Pond, Bunyons Cove, Colliers...... Copper, Silver, REEE, GOLD, and..... !huge! ......amount of acreages fully owned by the family and properly staked. If your not in it to win it - get out. But I believe everyone here, including the bashers are in it to win it. Just part of the game. have fun and believe in what you partly own.
Excellent birdman! glass slippers and all beginning of March!
I like the 17th as far as the stars go as well. PR's (whodat....china? Go Saints)
Rare Earths Metals
China has been cutting exports of rare earth metals for several years and the threat of further reductions in rare earths could compromise the growth of the green economy. The western world is on notice that their reliance on China is coming to an end. As China builds out its own economy and requires more and more metals including rare earths one must assume those days are not too distant when strategic metals will no longer be available for export.
Not that China is trying to squeeze the West, but will no longer have the capacity to meet their own needs. The US Government has addressed the situation by providing incentives for industry (Restart Bill) to locate and develop their own resources of rare metals. In the U.S. the time it takes to permit and construct new developments may not coincide with the closing of the door to export from China. This will create a desperate scenario for crucial sectors of our economic advancement.
Are rare earths the only segment which could become affected if China’s need for metal continues to grow? There are other strategic metals that are controlled by China that should also raise alarm bells with the rest of the world and could affect our standard of living, progression of manufacturing, the military and economy as a whole.
China depends on the rest of the world for their supply of iron, manganese, copper and oil just to name a few where they have inadequate production. Some of the metals that China exports and controls as well as rare earths are electrolytic manganese and magnesium.
The Chinese production of electrolytic manganese metal (EMM) from dwindling low grade domestic resources of manganese with a production cost of approximately US$0.95/lb. to produce. China produces 97.44% of the worlds’ supply of 2.5 billion lbs. per year. Electrolytic manganese production and demand have grown 26%/year for six years up until 2008. Outside of China the rest of the world utilizes approximately 350,000 T’s (770 million lbs. per year). The world is almost totally dependent on China for their EMM requirements. EMM’s greatest use is in upgrading alloys of steel 47%, aluminum industry 32% and electronics such as batteries 14%.
Magnesium – China controls 78% of the worlds’ magnesium utilized in strengthening and weight reduction in fabricating steel.
Rare Earths – China controls the production of rare earth metals required in hybrid vehicles and numerous high tech applications.
The Rare Earth metal scarcity shows how quickly the world could be turned into turmoil. We should be concerned about this and the other critical aspects of strategic metals that one country monopolizes.
The prices of these metals will obviously go much higher either through price increases or higher export duties.
It is now time for governments to pre-empt rather than be reactive to the situation with rare earth metals and develop alternative sources of supply.
The Three “M’s”
As steel production increases it will create a demand for specialty metals thereby positively affecting the prices of all strategic metals including the three “M’s”, Manganese, Magnesium and Molybdenum as well as cobalt, niobium, tungsten, vanadium and titanium.
Production and prices of the three “M’s” are:
The general direction for all metals, precious, base and specialty will continue upward as more money than we have ever experienced chases metal commodities and metal stocks while production and reserves dwindle."
FYI. To add to the general knowledge on this board.
What is “Dual Listing?”
What Does Dual Listing Mean?
When a company's securities are listed on more than one exchange for the purpose of adding liquidity to the shares and allowing investors greater choice in where they can trade their shares.
What Does Dual Listing Mean?
When a company's securities are listed on more than one exchange for the purpose of adding liquidity to the shares and allowing investors greater choice in where they can trade their shares.
http://www.investopedia.com/terms/d/duallisting.asp
Dual-listed companies should not be confused with cross listed companies, where a company is listed on more than one stock exchange.
A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Virtually all DLCs are cross-border, and have tax advantages for the corporations and their stockholders.
In a conventional merger or acquisition, the merging companies become a single legal entity, with one business buying (for cash or stock) the outstanding shares of the other. However, when a DLC is created, the two companies continue to exist, and to have separate bodies of shareholders, but they agree to share all the risks and rewards of the ownership of all their operating businesses in a fixed proportion, laid out in a contract called an "equalization agreement." The equalization agreements are set up to ensure equal treatment of both companies’ shareholders in voting and cash flow rights. The contracts cover issues that determine the distribution of these legal and economic rights between the twin parents, including issues related to dividends, liquidation, and corporate governance. Usually the two companies will share a single board of directors and have an integrated management structure. A DLC is somewhat like a joint venture, but the two parties share everything they own, not just a single project.
http://en.wikipedia.org/wiki/Dual-listed_company
Up Listing
What is an 'Uplisting'?
-An 'uplisting' is the process of moving a stock to trade on a higher exchange. In the penny stock arena, the most common uplisting is from the PinkSheets to the OTC Bulletin Board (OTCBB). While it is possible for an OTCBB stock to uplist to a big board such as the NYSE or Nasdaq, it is a very rare occurrence. The reality is that few penny stocks actually succeed to the point that they meet the requirements of a listing on a big board. Stocks that are able to uplist, are showing real promise to be considered as a good investment.
http://www.thethirddimension.net/stocks/companyactions.html
What is “Cross Listing?”
Cross listing of one company on multiple exchanges should not be confused with dual listed companies, where two distinct companies function as one.
Cross listing of shares is when a firm lists its equity shares on one or more foreign stock exchange in addition to its domestic exchange. Examples include: American Deposit Receipt (ADR), European Depositary Receipt (EDR), International Depositary Receipt (IDR) and Global Registered Shares (GRS).
Generally such a company's primary listing is on a stock exchange in its country of incorporation, and its secondary listing(s) is on an exchange in another country. Cross-listing is especially common for companies that started out in a small market but grew into a larger market. For example, numerous large Canadian companies are listed on the New York Stock Exchange or NASDAQ as well as the Toronto Stock Exchange. The term can also be used to refer to the listing of a company on more than one stock exchange in the same country: as an example, there are a handful of companies in the United States that are listed on both the New York Stock Exchange and the NASDAQ. Some organizations, such as Liberty Media, have multiple listings reflecting different underlying assets, called tracking stocks.
The traditional argument within the academic literature to cross-list abroad in addition to a listing in the domestic country is that firms seek such opportunities to benefit from a lower cost of capital that arises because their shares become more accessible to global investors whose access would otherwise be restricted because of international investment barriers. Cross-listing may also be driven by product and labor market considerations; for example, to increase visibility with customers by broadening product identification, to provide improved information disclosures to potential customers and suppliers by accepting higher levels of disclosure standards by adopting standards like U.S. GAAP, and to improve labour relations in foreign countries by introducing share and option plans for foreign employees.[1] There are, however, also disadvantages in deciding to cross-list: increased pressure on executives due to closer public scrutiny; increased reporting and disclosure requirements; additional scrutiny by analysts in advanced market economices, and additional listing fees.
http://en.wikipedia.org/wiki/Cross_listing
Great post BigOwl - Ken and his family know this business inside and out. I have full faith in them all to take their company to the best of its availability. They are major stakeholders too
GO KATX - Friday - should be a good day
Love the creative poetry as well. Give someone else a run for his money. Soon to be expecting song/jingle in return from you know. All smiles here
AWESOME news. I dig the way our CEO works. Thanks for the hard work and updates.
http://gsc.nrcan.gc.ca/mindep/images/mdc_cover.jpg
Good work I would post this map page and say something to the effect of thiese are "NEW DISCOVERIES!" look at where the Hand Camp is "Surrounded by them
...........focusing on the Refences Section on the bottom of each with regards to location, discovery age, tonnage.
USGS
Thanks Doubloon - I appreciate the support regarding, although I know another stock has taken my attention away right now. But I hope this will pan out (some way) for the benefit of its shareholders.
I agree, This board was built on awesome DD and it just shows the confidence us longs hold in the interest of our CEO and KATX. To another great week for us all - ROCK ' em KATX - Let's take it home.
Good morning all - what a @#$@$ puzzle to be put together. But Fun
Birdman from Corpus directed me here over last 3 months of thinking I am the one who is crazy, but finally I get it. Do wa diddy diddy dom diddy do. Nice move linking both properties together, again going to Ken Stead present at land hearing. They even told the guy I think from reading 60k or 80k was too much for the lot. Oh well.
Should I buy some on Monday? Of course. Will have only 5500 right now sold VIPR tonight which I held since 000's but not much. But still holding 200,000 in katx. Copper and silver make you rich quicker.
Any tips for a newtimer would help, think I have every DD canadian mining site in memory.
PJ
Anyone have more info for
The Centre for Exploration Targeting (CET) or
CSIRO's famous Glass Earth technology – a combination of advanced sensing technologies able to "see" into the landscape to a depth of a kilometre or more. This technology is expected to become the mineral prospecting tool of choice for Australia – and potentially the world – over the coming decade. felsic volcanic equals gold
http://www.em.csiro.au/mining_geo/mining_geo_research.htm
Newfoundland Exploration and Development Highlights 2009 Mining
-Great pics as well - Very informative info here
2009
HTTP://www.nr.gov.nl.ca/mines&en/statistics/ExpOv/ExplorationReview2009.pdf
2008
http://www.nr.gov.nl.ca/mines&en/statistics/ExpOv/ExplnReview2008.pdf
http://mmsd.mms.nrcan.gc.ca/stat-stat/expl-expl/pdf/04_e.pdf
A great pdf file step by step
Timetable for both exploration companies and Mining companies
PHASE
STAGE
OBJECTIVES
EVALUATION METHODS
RESULTS
MINERAL INVENTORY
MINERAL RESOURCE ASSESSMENT
MINERAL EXPLORATION
GRASS-ROOTS EXPLORATION
MINERAL DEPOSIT APPRAISAL
MINE COMPLEX DEVELOPMENT
MINE PRODUCTION
ENVIRON- MENTAL RESTORATION
MRA EX-1 EX-2 EX-3 EX-4 EX-5 DA-1 DA-2 DA-3 DA-4 MCD MP ER
Key Definitions
Generalized Model of Mineral Resource Development
Reporting Guide - Survey of Mineral Exploration, Deposit Appraisal and Mine Complex Development Expenditures (in use since 1997; updated in 2008)
Junior and Senior Companies
Senior Companies
Senior companies normally derive their income from mining or other business ventures (they need not be mining companies) rather than from the issue of treasury shares.
Junior companies
The following criteria define a junior company: and etc.....
from: http://mmsd.mms.nrcan.gc.ca/stat-stat/expl-expl/menu-menu-eng.aspx
That is right - Hold all your shares!!!!! C'mon VIPR we all have faith
He is THE man after all. I wouldn't doubt he had all of Newfoundland already pieced out in sections for himself the majority of his life. Just woke up with kids jumping all over me. Shake off the cobwebs and lets all make some money today. Go KATX.
Very decorative - Big Island this June with friends. and just chill for a while . Woke up (what a dream)" taking kids to school in am.
Dinner served[img][/img]
Anaconda w/ KATX AND Vale Inco w/ KATX please! Both my brothers. Too easy. Too easy Lord.
I am sorry BigOwl. I jumped into this all at the end prematurely. I believe KATX will have another great day tomorrow and for many Years to come. I do like the June pitstop though for a breather. Good nite
I totally agree - you still have the same number of shares you started with at the end of the day! The smartest way to make money, someone on this board keeps reiterating is to hold your shares long, swallow your stomach and don't sell unless you want to take a profit. - Nothing wrong that Everything in balance will always come back eventually.
Aren't they the ones who are supposed to totally revamp KATX image around the world. Remember you are talking about a multi-billion dollar company in just copper alone. Gotta Revamp and look sharp.
Do some more DD like the moderators told you yesterday and you WOULD be impressed!
Very much agree with that. It is going to be the new Trillion dollar industry next Carbon credits - should add dollar signs to KATX further down the line next year.
Isn't one of their copper properties located within easy access to the coastline. Not sure if Vale would ship down to Brazil while they waited on their Billion dollar mill to be built by 2013
Great news!
Wouldn't you know it. Patience is always a virtue here in pennyland it looks like. One down one to go.
Copper and Rare earth minerals running out sooner than people think - Billions of dollars here with KATX alone. And then there is the VSM GOLD
Billions of dollars in copper alone!
I agree. Believe in what you buy - You don't want to miss the prize at the end.
Believe in what you buy - too many angles that will eventually come together at the end to not be a part of. Don't want to miss it
You remind me of that guy on the Simpsons who only goes through life saying ha ha ha ha - How lame is that
Mr. Stead, any news in about an hour?
Sitting on top of Fort Knox and not budging, even for Vale
Holding long and strong again today. VIPR goes straight up today. Our time is here
Hype- right up to dollarland is right!
That's right - Holding all of mine long until the end of time.......good luck chasing them today!
Thanks for letting me tag along on your strings. I bought early like you said at .02 175000 was all I could afford and I held it long and will forever do so - well at least until both jv's can easily take over on both KATX mines for years to come. Very professional discreete and just amazed how many people just couldn't get it. - Goes back to say why did you even buy this in the first place if you weren't willing to give a .lkjjkjojkk in the long run benefiting all that just had faith to believe in it.
pj