Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thank you for your service and sacrifice.
Steve
sounds hotter than a ball sac
Here's a chart.
http://en.wikipedia.org/wiki/List_of_elements
Could be many things. At first I thought it might be diamonds, but it sounds like it is not something obvious. What you said definitely makes sense that the denser objects would settle in the lowest levels.
Steve
I thought titanium had a rather low density
Yes, almost a .02 spread! They are the ones making all the money today!
Yes, posted on other board they are letting claims go and that makes you wonder what they have left at this point and if they can pay money due to keep Cabot even going and that is their next promising property on KATX. Seems RR was a real dud or by now they would have said something 6+ months later. HC apprently, was not enticing enough at this point, at least, to a financier to fund phase 2. Been over a year and not heard anything on the Vale option. Thing is they have 2 more years and can wait out Katx and might be able to get it for next to nothing if KATX goes bankrupt. Seems that is where they are headed at this point. I mean what company hires a PR firm and then says nothing at all. The only reason they say nothing IMHO and most reasonable people is they have no money. Sad for us that believed they knew what they were doing and honest folks.
Pisses me off when people flip and wipe out gains on good news. Too bad we have too many flippers and not enough investors here!
Funny souynd good to me that they are getting over 3 grams of visiable gold, and 80% more in black sands. Along with that they will double what they have by month end. Not sure there is any reason not to be happy. I mean we have a company with real results here that actually is communicating with shareholders unlike some that ignore them for 6 months and never tell you what results are. I find this refreshing!
I think that is what is implied.
Steve
Opps. I guess the naysayers will have a hard time getting it below a penny now. Nice to see production is twice of what the conservative estimates were. I like the part about 3 grams of visisble gold and 80% estimated still in the black sands! Glad those folks are in that crappy non transparent stock and not this one!
So would we take the value of the visible gold and then add the value of the black sands to come up with our estimate? If so, it is a lot higher than most expect. This is not adding the mystery item.
Steve
Hey, Chrissy did you read the PR? They have already enough black sands for one load and will double it by the end of June. Now does that sound like they have stopped dredging? Hmmmmm?
Well, either they inflate their way out of the mess they created or we head toward deflation or at best stagflation, which maybe the best choice until we can change regimes and therefore policy. Either way there will have to be large budget and entitlement cuts in our future and there is only so far you can kick the can down the road until you have to pay the piper. Better shared pain than a complete collapse I say.
Already sold a while back at .025 and higher. I do wish I would have sold when they started the pump and dump and not put more in. Ken sure fooled me along with all the pumping longs saying buy more and hold. Sad thing is many like me feel for it and ended up buying pumpers shares that were bailing because they knew this was a scam. So you ask why am I here? Well, I still am due about 144,000 BVIG shares. Maybe Ken will do another pump and dump with these assuming I get the shares and this times I can dump and maybe get at least some of the 90k I lost back. I wanted to especially thank the loyal pumper that told me about KATX and told me not to worry. He's still a braindead believer or just cannot accept the reality of all the friends and family he hurt telling them to stay, hold, and it is going to be OK. Now he just cuts off communication and continues desperately hoping his lord and Saviour Ken comes down with news and delivers on his promises of riches. I can even here the POPE saying she still believes and has not sold a share. They must all be smoking the same thing.
TR,Cheepo, Chris, Hawksfan all working together in tandem it seems and following TR's lead. As you can see still calling it down.
Maybe he wants it dow so he can average down or maybe he's just lying and wants it lower to trade. Maybe, he's just bitter he's down. Heck I own at an avearge over .185 and while not happy about my timing and wish I could afford more I'll just wait it out. While nothing is perfect they are working their plan and we should see some results soon. I'm looking for this to hit .10 to .20 assuming our resident big hitters don't knock it down by dumping.
Sure it is raining but the amounts are not that high if you look at the next 14 days. A few 1" days but mostly just light showers.
http://www.timeanddate.com/weather/sierra-leone/freetown/ext
Steve
I suspect they will reverse split KATX soon to bring the shares down. Most likely a 1:10 or 1:20. I'm not sure how this will effect the previous deal with BVIG since it was struck a year ago and many have sold out of KATX, but still due the BVIG shares. Funny how Ken was supposedly this honest guy and so shareholder friendly and now we are told by many longs he just won't talk to us because so many have sent him nasty emails. So, I guess he's turned into a petty recluse now? Maybe he only talks to his buddies. Funny 3 months ago I had numerous emails from Stan saying that any day we would get a PR. Well, either Stan's a liar or Ken lied to him. I wonder if Ken is even paying Stan anymore. Sure looks pretty bleak at this point.
Funny games these momo traders play. They tell you it will break the 200 day and go 20-30% down and all the while they set their buys at the 200 of .01 telling you to sell so you won't have a big percentage loss from here. So if you fell for it and bailed they now have your shares, but because they are so nice they will sell them back to you for a 50% gain all along telling you how great SNEY is and news coming. Off course the next day once they sold back to you the world is ending and SNEY is a POS pinky with a big CE.
Like Momma always said consider the source!
AS usual a great help. I guess we just have to hope that they are in an area that can dredge that amount of gold daily. I'm sure numbers will vary up and down the scale, but if we can avearge that amount we should have no problem being a profitable company soon and see some reflection in the stock price.
Great news. Don't they do like 60 tons per hour per dredge? Also, that is just counting what is visible and with two dredges going that is bringing out a nice sum of gold. Can't wait until we get some real numbers to back up what we are estmating. Thanks DM!
Well, Mr. Sunshine Dredge Master already checked on that and all is well. It all depends on how high the river goes, but seems not to be a problem according to our resident expert that has much better information than you or I. Please short more since you are so negative.
I hear many use Interactive brokers. There are other smaller ones also.
Funny available shorts down 100,000 since yesterday. Seems someone knew something was about to happen. Self fulfilling phophecy?
Not well when you have fraud and manipulation going on, but you know all about that right?
Funny how certain people change their opinions when in or out. How is it over on the dark side? I don't think people mind objectivity but bias is a different thing. No SNEY has proven they are not just another pinky. THey have actual dredges in the water. They have set in place plans and machinery for production. They are working the plan. Are things perfect. Well, no they are not. The financials need to get out and they have too many shares, but that is why they are trading here and not at .10. I sure like the odds here better than that other fraud you are in!
Seems like that group really wants this down or someone needed cash and bailed early. I'm thinking more in line with manipulation at this point since a large number of traders bailed and have been bashing constantly since they left calling for a lower price. I suspect they are doing their own P&D with shorting at the top. THe SEC really needs to look into these loosely held gang traders that work in conjunction with eachother to manipulate the market. I suppose most here can figure know the players.
I believe they have to report the progress on a claim annually and that maybe why. I'm sure that if Ken had any good news he would PR it. Now what happened to Rick's visit last week? I wonder why no reports yet? It does kind of amaze me how so many can hold on when there has been no news or update in months on work that has been done and no plans announced for drilling. Logic says that if you have money you are now drilling or at least preparing to. Ken knows they have little to no money, but will not come out and say it as that would send the stock further down and make getting funding just that much harder. If they do get funding for KATX it will be punitive. I say they are better off killing the KATX and folding into BVIG. Get the share distributed to BVIG folks and reverse split and merge into BVIG. I bet those few that bought BVIG at .70 really feel dumb now and yet some how I see they dig up old news and tout it again and again. Seems many still in denial about how great Ken is after 2 pumps and dumps of KATX. I see still holding every share and buying more all the time. They can only hope that Ken does P&D #3 so they can sell this time to the folks they suck into this black hole.
I think to get us that high we would need the financials, a contract for REES with what we expect to get for them and an idea of how much gold we are actually taken out. We need something that proves with no doubt we are for real and producing in large numbers. I'd certainly like to be there by September!
450,000 avaialble to short. Go ahead all yours!
Looks like someone, not mentioning names is trying to walk this stock down by putting large sell order in. I have noticed that all day. We surely need something to stop these guys. Longs need to hold and not sell into the pressure. We all know a group wants this down so they can get back in on the cheap. Don't sell us down the river.
Thing is you and I don't know how the profits will stack up yet, but I expect we will see something by the end of summer or early fall once they have the machine in place. While TR did have a few valid points they were outweighed by the bogus bashing IMHO. Thing is both you and the rest of the gang will be back if your bid gets hit and pumping once you get in.SSDD
So,if we own Allied and they produce the machinery then are we selling to other miners and making money off them? Kind of making money selling picks and shovels and gold?
Looks very labor intensive. Now maybe someone can explain if the new dredges along with the new machinery cuts the labor and time cost?
It is sad really how Ken used BVIG shares to pump Katx up and them the investors started slowly unwinding over 100 million shares to where we are today. Like salt in a wound we not only got dumped on and lost millions in value but still never got our shares in BVIG. How Ken is able to walk around and not be behind bars amaes me, but what is more amazing is to see all his supporters and excuse makers still pump the same garbage ad nausem on the boards. I just wonder how long Ken can stay quiet and they still defend him.
TR if I did not know for a fact you were back in that other company that has had no news in 6 months, no transparency on drill results, no cash, no plans etc. and yet you are putting these same requirements on SNEY then I would take you serious. While you have some points don't you think your high standards should be the same. Your inconsistency makes you look like you are just trying to talk down SNEY to get in lower.
Unlike many pinks that are completely non transparent and hide from shareholders despite the CE I find SNEY pretty plausible. Unless someone can show me that the CEO has run P&D schemes in the past or had SEC problems or a criminal past I see him as businessman taking his shot at the big time and taking on the risk of working in a foreign and somewhat hostile environment. If this were 100% in the clear there would not be the CE, but I think we all know that. So no need beating that dead horse. If I did not see progress I'd sell and take my lumps, but since we are I think most will somewhat patiently hold until the next news hits. Hopefully, financials will follow soon.
Yes, and they are continuing to show good faith to shareholders unlike some unnamed company we all know of. I'm in a bit over .185, and not happy with my situation, but I cannot blame my bad timing on management. Sure, I'd like the financials out and soon, but at least I see an effort to get everything going so they they start processing soon. Unlike _ _ _ _, which has showed no progress in over 6 months or much of any communication these guys are bringing up product now to process. We are progressing and not digressing!
It looks like they are buying non processed black sands. It is my understanding with yesterdays news we will process our own and extract whatever gold and other minerals of value ourselves. I think what we need to see is someone that buys and processes black snda for REES and what they pay for them. I think that was the issue?
Steve
The drop and the 'not so free shares issued" were arranged for the investor. The promise of the shares raised Katx price along with the soon to be drilling outcome of HC. That was the fuel. The investors had a huge amount of shares to unload so they could not dump all at once. To get the maximum return they had to keep shareholders in the game hoping for a turn around. Remember all the banter fro certain folks to hold and buy more? I do and I also later found out some of these same pumpers were selling while telling us to buy. This was a P&D, but just not a sharp drop like when you find out the whole deal is a fraud all at once. That is why they had to prop Ken up to being God like and honest so that folks would stay. Heck, many still believe he has some integrity despite the complete silence and after the second dumping of the stock creating more bagholders. Sorry, rain on your parade but Ken is either dishonest, stupid for getting pumped and dumped twice now, or just greedy and does not care who gets hurt as long as he got his money. Either way it sucks for those that trusted the persona developed by the FB groupies.