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Risk you did not comprehend what I said one bit. The reason the air went out of this is that Mgt. failed to produce the fins. like they promised. Do I say that was intentional? Eiher way it caused the drop and the raise was caused by speculation, just like we are again having that they will be current and if they drag this out again the same thing will happen, except we did not get the rise in stock because people are wising up a bit and wanting the cards laid on the table.
Yes, we do and I'll leave it at that. Let me say that it does ot have to always involve mgt. and sometimes is done by those maniputaling enough shares to walk up a stock and then pull the plug.
Well, I guess that could be true, but we are talking about one stock that has been pumped and dumped twice. I feel for it believing the first P&D was the fault of the ruthless Canadians group as the story was told, but after I got burned I learned not to believe those that hyped then and continue to hype the stock despite the drop from .25 to sub penny. Now I see it is already down and just traders walking it up with the hype and selling out to those taken by supposed great news coming. I guess that is why I need more proof than most after being burned by that one. I do hope that SNEY continues to get the fins out and prove themselves and not become like many of the others. They need to get a move on and not drag this out.
The only ones that agree are trying to pump up the stock. We still have nothing reagrding our BVIG shares, nothing on drilling plans, nothing on RR final result over a year old and no transparency. All we have is general information of potential in the general area. Big deal. This is just to try and make people greedy and stay in tyhe game and bid up the stock so the scammers can sell. Still no news on if Vale option still exist. Can you show me where they made year 2 paymets or where they have drilled on Lucky? Sadly, the only hope for the majority of people here is they get their promised shares and they do pump and dump #3 because I'm 99.9% sure they will never find anything worth mining.This has been and continues to be nothing but a scam run by Stead and his board minions IMHO.
Maybe good news for us since we are there already. I suspect it maybe tighter for new entrees. Less competition for us could be good. Did you all here about the 3 billion worth of platinum found on a sunk WWII ship?
so almost 7 million shares and less than 3% gain. Whoopie. Hope we cleared out some and now will build and not continue to flip back and forth.
Volume usually proceeds price, but then the price goes up and not down. Someone must need to free up some cash or does not feel the love any more.
Like .185 or so. Funny KATX is up 36% on nothing but hype and the CEO has been quiet for a year and we can't do jack. Go figure. Seems the pumpers must be sucking in the naive so they can do #3 pump and dump over there.
Me? I have not sold and not bought any in a long time. Just waiting and I don't play games.
Think not just someone happy to get their 1/10 of one penny and now they can try and buy back and do it again.
This was just a little bump and run by a local trader. Also, called a bit of the old in and out, though I have heard that used for other things. I found this piece interesting while we wait.
http://finance.yahoo.com/news/getting-back-gold-standard-050035801.html
Thanks for narrowing that down for me. LOL
Great for KGN, but SNEY is what I care about. How about SNEY letting us know what is going on. We have no real clue as to what they got out of the ground last year. Did they process any gold or do we just have a large pile of black sands waiting to be processed? Now, I assume and others have stated they are working on the dredges again. What have they pulled up so far in SL and what if anything have they found exploring in Ghana. Time to get the filings done, uplisted and some more transparency. BTW, Is it soon yet?
No, I'll stick around and put in my one post a day until I get my shares and money back Ken stole from me on this pump and dump. If you cannot see that Ken has lied to us I feel sorry for you. It seems more than obvious. He said he would be transparent. Did he ever give all the results of RR? Has he kept us current on the deal with Vale and other things? Has he given us the shares of BVIG? Did he say last March he would start being transparent?
Besides that, which is of utmost importance is what is going on now in our two fronts.
I suspect, that if they learned anything from the past, that maybe they would keep some type of records so these Q's would be almost automatic. I do hope they are working like crazy in the short season to get the goods out of the ground. The way I look at it is we have what 4-5 months before the rainy season so that is my timetamble to see everything promised. I just hope they do not drag it out to the end and let this sink back to the .004 range. As it is we are at or right above the 50 and need a bounce and soon.
I remember aLSO WHEN YOU COULD BUY IT OVER .02. Ooops I did and now I and many other are just waiting to and hoping to see BE much less .10. Oh well, Let the waiting continue. Hey, it is February and the Q's are where? Sorry, but again no excuse. They were rumored done and ready to go and then we were waiting for the warrants and so now what is the excuse? This is one frustrating stock for sure.
Nothing and that was my point the other day. Thing is a few that trade this what to hype things up and get those greed juices flowing and people buying shares so they can flip in and out. Many will have numerous positions and talk like investors, but play games. So, I take everything posted here with a grain of salt as idle chit chat and BS and know the only thing that counts is a PR or financials that put it in writing.
So, then who does? I was under the impression shareholders, but we never got them and therefore cannot sell then, yet Ken can as per the recent filing. So, if Ken can sell shares then who owns them? He can claim he is the not the owner all he wants. He can claim we would get the shares,transparency and we good till the cows come home, but his actions show he's a liar and thief and nothing more.
It might make more sense if our neighbors are in Ghana they would buy those claims and not the whole company assuming it ever happens. That would still leave SL claims that could be worked and capital for that. They could have a special dividend to distribute cash. Just a thought since we are playing what if.
Only thing happening here is the flippers come in and skim a few bucks daily. No real meaningful volume until these Duffs get up to date. At least if we are not making anything either are they.
Not sure, but I'd sure like it if they started buying SNEY stock instead. Time for Mgt. tofulfill their promise and get things done.
I agree. He has not proven to be the man sold to us by certain people in the DD. It was touted that he had 11 JV's, but what ever became of any of them and was that the previous company he worked for or because of his merit. It seemed his previous employer was nothing but a penny also. He definitely has not been a man of his word. I do fee that he conspired with insiders to defraud us and should be in jail and made to where he cannot hurt anyone else.
Yes, and let's see I know of another pinky Kat that is surrounded by Vale and has or had an option on a JV and nothing happened.It may may good hype for hopes and dreams but does it means anything until claims are proven. I think not. I'd rather have some hard evidence than hopes and dreams. If you are an investor, like many claim, and not a flipper,don't you want something with value and growth versus another pump and dump stock?
I do not wish to argue, and would love it if they bought us out at .20 a share, but it is a leap to draw any conclusion based on proximity at this point as we and they have no clue as to the value of the claims at this point. Well, at least we have no clue since nothing has been communicated to us up to this point.
Don't you think we maybe getting ahead of ourselves? I would think we have to prove up what we have before we gain the interest of the majors to get any decent price for our little company. I want it all to happened yesterday, but that has only brought disappointment to this point. We at least have the momentun for gold going back in our favor. We just need to get current, uplist, and get some information reagrding production. If we can at least do that we can see where the market takes us. If I see .10-.20 this year I'd be thrilled, but unless they do what they need to do and what is expected at this point the stock will remain weak. Come on SNEY let's get er done.
Consolidating around this area over the 50 day for quite a while. It should break to the upside soon right TR?
Let's light this candle. Getting cold in here!
That's true as everything is in Ken's hands and he's not saying anything. I just wonder if Ken misses two drilling seasons in a roll and says nothing if the diehards stick around. If no plans are out by April or May it likely will not happen in 2012. Still waiting Ken!
So you are saying since they put it out on a PR and not an SEC filing it means nothing. I don't think that would hold up in court. Not that any of this means anything as I doubt I ever get a dime of my 100k back unless Ken does another P&D and I get my shares and I can sell them. Sad to think that way, but that is the only way people have made money on this stock since he has P&D'd it twice now. Of course, that was always someone elses fault, right?
I believe they said those that owned KATX prior to 7\14 will get X amount of BVIG shares. It does not say that those that currently own KATX or that owned KATX at any date after 7\14, but those that owned KATX prior to 7\14 get BVIG shares. That was the deal and why KATX ran up. If Ken reneges on this he's asking for trouble IMHO.
And if it is not Scottish it is crap
Yes, but will it hold or sell off again awaiting the following year and will this be a pattern?
Maybe there is a fine line, but if you are a public company material information regardingthe company is supposed to be disclosed if not by PR in their SEC filings. Say you dredge an hit the mother lode or in the reverse get little to nothing. Is that relevent as a shareholder in deciding to buy more, sell, or hold?
Well, they can't make any money off the stock at this point either with this low volume so that has to be some incentive for them assuming they wish to increase the share price.
I think JP invested in Keegan because they felt they were underpriced and a good value with gold going up in price is all. Now the fact that Keegan supposedly has a large amount of proven reserves may have more value than JP investing. Thing is just because they are in close proximity does not mean we have their kind of reserves or any large amount of gold. We have to prove them up just like they did befgore we have any idea of their value. While we all like to play connect the dots to be honest, logically, you cannot make the jump using assumptions.
Yes, but faith cannot be blind and it is the companies job to be transparent as much as possible with their shareholders and not leave them in the dark. It is a two way street don't you think?
Noticed that. They are still only trading a bit over a $1 over book. I would like to have some news about what we found in the work they did on the Ghana site and what the plans are going forward. I wonder if we will be working both sites or prove up the site in Ghana and sell it?
Well, I finally, got at least some information that I had been asking for. We still need much more information and transparency soon, but I'm busy with other things and cutting them some slack. I do expect them to get what they promised done and soon. I think most folks will be pissed if the do not hear something by mid Feb. or at worst March 1st.
I'm sure that it was in June or July of 2010 and was established because you had to but KATX prior to such a date to get BVIG shares. I believe you all remember that and are just playing games. I sure as heck did not sell Apple and Bidu before then for the heck of it. Besides Ken has to know if he stiffs some folks over others his well being would be in major jeopardy. As far as investing stategy being hoping for another pump and dump that IMHO is all this is and every was and will be. I was duped and scam by folks I thought could be trusted. I was stupid and naive to believe in the story.