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While I will agree that is somewhat of a surprise we do not know if they needed the money for a new purchase of a claim, equipment or whatever. Let's wait for the facts.
While I will agree that is somewhat of a surprise we do not know if they needed the money for a new purchase of a claim, equipment or whatever. Let's wait for the facts.
Sure at that point they were, but we really have to wait on current Q's to give us a current picture and not look back 12 months. I do not drink Kool Aid either, but I'll wait for the facts before I call this one way or another. While skepticism is always prudent in pennies unless you have no faith at all in mgts. ability or honesty you wait for the facts. Sure by then it could be too late, but you have to pay to play. Just too early to tell until the current Q's tell us the current state of affairs. Now if they drag these on down the road to hide bad news that's another story, but they are getting there slowly, but slowly.
Or go to Yahoo finance and click on SEC filings or under PR's. We all have to remember and put this Q in perspective that it is old news. We have to pretty much get current to get more details of what's really been happening. Hope that comes very soon. Good to see a bit more progress as slow and painful as it might be.
No better to hype stuff you can trade back and forth on. I'm looking at this as an investor and not a player. Risk, himself has moderated. We have all expected that they get the fins done for almost a year so great they are ging to get them done, but until we get some production news and transparency as to the future not much will happen. I want this to go up as much or more than anyone as I'm down, but I hate pumpers that play people to make a dime.
Do we want this to become another pump board where stories are builts or one based on truth, facts, and them building a real company?
I hate dot connecting because 99% of the time it is built on what could be and not reality. While we all hope it happens, I'm just holding and hoping they get it together and soon without any more dilution.
Hey, Fangster just kidding you buddy. Like you I'm not getting over excited, but pleased at any sign of life. Long way to go and if they continue to dilute not good for any of us long term and just a matter of time before they reset the table.
Thanks Debbie Downer
REady for change
WEll an update on what they have processed so far and what they have stockpiled in gold and REE's would be nice. That way we could at least estimate a value.
Sunset in Key West would be nice.
Yes, I had to turn down my volume they are beating so loud. I hope those people beating the drums are not boiling water. Who knows maybe they are cooking our CEO.
Heck, I'd take a $1.70 in a heartbeat. Amazing they could do that without Bali. LOL
Let's compare NSRS is at .38 and trades over 46 million shares a day and has 696 million shares. So about 1/3 our shares and many times the vol.
NCDL is at .32 and only has 47 million shares so way less than us but has little interest at 12,000 per day sold.
Not sure about the others listed. Either way if they have proved up billions worth of gold then why is their price so low?
I do not see SNEY mentioned at all
You can be an optimist or pessimist about the stock and it does not matter in the final outcome as you have no bearing on the price and neither do I. And no, I have not and will not invest another penny in this as I have more than I need. I just do not have blind faith and expect more from Mgt. I guess you then pump to sell if you think I complain to get a lower price. Either way we are in this together and while I do hope to see a better price I'm not going to try and mislead good folks pumping this daily. It is up to mgt. to prove they have something and so far they have not done that. I guess you could say they are the best at delaying the truth, which just breeds skepticism.
Visionaries or not it is depressing as hell to see the stock trading at a fourth of what it was and with little transparency. It just be nice to have a Mgt. team that showed after a collapse of the stock some empathy for the shareholders sucking water at the moment. Being patient or being taking for a ride? We will wait and see and hope for the best, but patience is not a strong suit of mine. Thought I'd see .10 by now and not be less than .01.
Jim any idea how far out and how high you think this goes in the next 12,24,36 months?
Been here a year and so far not impressed with what they have done, but like many other bagholders await not needing another loss as I have enough to last a lifetime. What I would real like is something in between. Get the fins. out and current and uplist and give a quarterly update either in the quarterlies or using PR's,Blog etc. At least show you give a rats ass about your shareholders and involve them in the conversation. Showing you are a friendly shareholder company versus one that looks as them as a necessary evil and ignoring them would go a long way to helping the stock and the mood of shareholders.
same song different day. Seems there little to no interest in SNEY. Ask yourself why with all the potential listed all around us in Africa in the previous post? IMHO it comes down to trusting mgt. and at this point they have no rebuilt their creedibility enough to believe fully in them. Sure we all hope they will succeed, except maybe a few on the board, but do we really trust they will? The only way to get volume iMHO is to build trust and you don't do that by having a lack of transparency as to what you have pulled out of the river in the last year and not being fully reporting and up to date. Balls in your court Mgt.
If I had a dollar every time I heard that I'd be back to break even.
No one can show me where there is any proof in SEC filings that KATX has received any money in year two from Vale and until they do can prove it the deal is dead because without evidence you have no case. Just like the RR results they are MIA. You don't hide good news for over a year and no NDA BS because that holds no water. We all know if there was a huge find the news would be out.
That is correct.
While I hope you are right Jim for all of us I trusted a guy before on the boards and look at all the BS DD they posted and lost a boat load, so please take no offense, but I'd rather see real numbers and transparency fro Mgt. and let them stick their neck out than from a poster on board. Again, after being severly burnt by someone I thought a friend I hope you understand. There are a lot of conmenn and groups that band together to defraud the trusting and naive.
Seems kind of odd they are just getting to it. I did not think the quarterlies had to be audited someone said?
I'm pretty much in the same boat with you and agree. Time for management to get it going because it cannot hold up on hopes and dreams since we do not have a promotion team like KATX pumping daily bogus information on a company that has been deregistered and therefore you can't find current information. I do find stupid for them to drag this out. It benefits no one as far as I can tell unless have bad news or trying to sell before the fall. Just get it done and stop with the games and BS guys. Either you want to be seen as legit or not. It is up to Mgt. to set up the perception and not anyone that post on an IHUB board.
Definition of 'SEC Form 15-12G'
A certification of termination of registration of a class of security under Section 12(g), or notice of suspension of duty to file reports pursuant to Section 13 and 15(d) of the 1934 Securities Exchange Act Section 12(g).
So, in other words they do not have to file so you do not know if they got paid or not by Vale and this information is hidden from shareholders. How convenient. This is another reason you do not see their filings with the SEC as with many other pink sheet stocks. What I question is are they legit anymor. Also, BVIG is listed as BVIG.pk, which has information with the SEC and BVIG.ob, which has no fiolings since 2010. So how can they uplist to an dormat OB stock? Looks to me they will just be another stinky pinky BVIG and not KATX, which looks at this point like a private company now.
Interesting volume lately. I do wonder if they have sole some shares to get working capital? Seems like that could be happening or just flippers. I'm sure someone around here knows what's going on.
Much more than two. I think my friend you are in the minority here.
Looks more like selling and the longer these guys sit on the fins and more transparency the lower we go. They cannot expect to have any interest built in this stock with staying silent. Sure, I do not want another P&D, but I don't want a dead dog either.
Remember what happened to Johnny-
Johnny died one night, died in his bed
Bottle of whisky, sleeping tablets by his head
Johnny's life passed him by like a warm summer day
If you listen to the wind you can still hear him play
Don't you know that You are a shooting star
Don't you know?
Don't you know that you are a shooting star
Dont you dont you dont you dont you dont you know
Don't you know that you are a shooting star
Don't get blinded by stars
I searched the SEC site and put in KATX, which is where the payments would be found and it does not even recognize KATX or KATX.pk. This is from the Yahoo site. Maybe you could provide a link that shows the latest 10k with the second year option payment so that issue will be cleared up.
Thank You
Thanks for the chart. TR just trying to get it down under .005 for a buy is all. Old game same dogs playing. Thing is if this is going to move peak time is between now and May so it most likely is setting up for a run. Question is how big. And like you say if they fail to deliver news we head back down logically. Just waiting for SNEY to get a move on to just where and how far we can go. Thanks for the chart.
How about showing where KATX received the second year payment from Vale on the option to show the deal still exist. How about drill results to prove they have anywhere close to the story you are trying to get people to believe. Why has Ken said nothing about Vale since the original option deal? Why has Ken never disclosed RR results on both drill holes? What happened to his promise of transparency? What happen to the BVIG shares we were supposed to get?
While your story may sound good it means nothing if you cannot trust management and I see no resaon to looking at his past performance and lack of it. Yet still many tout him being honest and competent despite the history. Just amazing.
Maybe I'm just more optimistic than you on SNEY. BTW we are on the same page politically speaking. GLTU
Just more hype trying to build a good story to sell more worthless paper for P&D #3. I sure would like to see the accounts of all the pumpers the last few years. All the buys and sells of all those that claimed the bought 2-3 years ago and never sold a share. I doubt many if any are telling the truth. No one can rationally believe in Ken after they pumped this to .25 and dumped it to sub penny. As far as proof we know Ken agreed on the terms of the deal and know the history. The Buck stops with the CEO.
That makes sense if they do nothing and I agree. I do not agree they do nothing. Is it possible. Yes, it is a pink stock, but getting the 10k done was a sign of life and hopefully, yet still questionable, they are getting back on track. I would not bet against them at this price.
6 years old, but still interesting. I wonder what has changed since then?
that certainly would help :0