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Let me know when there is some serious money buying into this stock. THEN it will mean something. Only monkeys play in peanuts.
Watch this to-day. It will be fun.
mappo it is actually # 59.
Correctamundo Mt -- and it's healthy. We disagree and pretty soon now we will be getting our conclusion.
Personally -- I stay on here because I want to be satisfied in my own mind that Ken Stead is a Geo-Con-Man. If he was an American I would not be bothered. I just don't like to see a fellow Canadian giving my industry a bad name. My jury is still out on the guy. As far as Brookes and Sullivan are concerned my verdict came in a long time ago. Geo Wannabees and conmen. You don't keep a 2 bit office in White Rock and work in Ghana.
Ho Ho -- he ain't buyin' much nor sellin' much. We all know that. But we also know that he filed an intent to SELL quite a while ago but couldn't get very much 'off ' because it's a pig and there are no retail buyers.
Here is something no one seems to want to address at all. What is the status of the Agreement that KATX has or had with Vale ?? That is another huge joke.
It never failed to amaze me at the time - that all this personal and private e-mail between members of the Public and A C E O !! was made public. Seems a lot of others were privy too - like it was a COLLECTIVE CON JOB !!! Absolutely disgusting !!!!!!!!! And of course it was a con because all the property work fizzled. NO CEO who I know even bothers with these stock gossip boards. NOR SHOULD THEY. I also DO KNOW that Ken Stead made a concerted effort to ' shut me down '. Go figure. I have been in his same position many times myself -- and NO bashers or distractors ever bothered me -- because I always ran a clean game.
Puh LEEEEEZE !!! A half million to complete the BVIG distribution ???????????????????????? ABBBB SURD !!!!!!!!!!!!!!!!!!!! And of course a lot of what they did spend was a huge waste because of their inefficiency --- SEVEN TRIES - you say ?? How inept can you get ??
How can these guys work when there is no money to pay them ?? ROTFLMAO. And if they are Directors - which they ARE NOT - KATG would have to file that at the S E C.
mappo if you were correct about the Rusty and the REE s they would still be working there full bore !!!!!!!!! And that is the nature of mineral exploration. Ha Ha.
Generally when you know what you are doing you can tell. They must have had poor geologists. Ha Ha.
SERIOUS people are on top of the situation and really get into it. These guys are con men. Especially when you think you are onto something and drills are in demand -- you don't let yours just go away. Very very poor work. Amateurish. You have to be aggressive when you do a drill program. And in hot times new money comes easily.
From my long experience in the market ( but I could still be wrong ) it seems that KATX is flushed clean -- purged -- hit bottom -- stabilized -- etc. etc. No more sellers at this moment. Of course this can change in an instant. But there has been stability for quite a while now. There is little or no loose stock around right now. I think the old base of suckers has sold out a long time ago except for a few die-hards like those who post on here. But I think there is a new base of new suckers at much lower share prices in here now -- waiting for new developments. It is interesting.
But but but but but Shorton -- they drilled 12 holes on it and let the contractor take his drill off the property IN THE MIDST OF A HOT HOT EXPLORATION AND COMMODITY DEMAND CYCLE ?????????
We exhausted that subject into the negative TWO YEARS AGO !!!!!!!!!!!!!!!!!!!!!!!!! And now KATX doesn't even own that property.
mappo I wonder how many times we are going to have to refute that about the I O U s. Read my typing finger -- THERE ARE NO I O U SHARES IN PLAY IN KATX !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Please prove that there are. What you THINK are I O U s are unsettled trades that get settled AT THE DEPOSITORY within 3 days for each instance. LOL.
As I often write -- SO WHAT !!!!!!!!!!!!!!!!! For our purposes here we have TWO DISTINCT stock gossip boards. And therefor if there are comments about KATG they should be made on the KATG Board. We ALL know of what you write. OF COURSE they are related right now. However - at some time or other the debt must be resolved. If KATX gets new ownership I am sure that issue will be addressed.
Yes he might have options but at present he does not have operating capital to work ANYWHERE. And I am told by knowledgeable industry members that we are now in a down-cycle for raising risk capital. He's going to have a hard time to keep the doors open.
Let us leave BVIG and KATG out of this because this is the KATX Board. I believe we all agree that there has been almost ZEERO market trading in BVIG since the shell was bought by the Stead Gang. Certainly very little selling by anyone. So the bottom line for KATX is that NOBODY knows what the Steads have sold because they do not have to declare it -- ANDDDDDDDDDDD -- we have yet to see any audit of the books of KATX.
Needs operating capital FIRST !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! And besides that KATX no longer owns the ha ha Handcamp. They SOLD it to KATG for shares and now they will even be giving away most of those. Can you say inept and pathetic ??
He has to get some float out there to get liquidity. Hence the Spin-off. He and his gang presently own all the shares. Then if he can get it financed there will be yet another huge block of cheap stock in the hands of very few people. I think it's going to be a very tough job to find suckers to buy any of this pig. Too heavy a SELL overhang.
usafa -- The bottom line to your last post is " SO WHAT ??? ". None of those claims are any good anyway. That Newfie stuff is garbage. Low quality mineral properties. Good only for fodder for chintzy stock games on the Pink Sheets in the U S.
So ?? They GAVE Handcamp AWAY -- it was just sooo good !!!!!!!!!!!!! That was a huge hilarious JOKE. Remember ? They first sold it to KATG for KATG shares ( BVIG ). THEN, next, they say they are going to GIVE AWAY those same shares. NOBODY in their right mind does a thing like that if they have a good property -- which Handcamp IS NOT !! LOL. There is your proof.
I and we were talking about NOBLE and the promoting they were doing. NOT promo about BVIG. The Noble was, is, and always will be another weak property.
Mappo I am writing about KATX --- NOT KATG. KATX has virtually ZILCHOOOOOO at this time. They intend to GIVE AWAY the bulk of their shares of KATG.
I DID NOT predict !! I opined !!! BIG difference. THIS time I am making a prediction. KATX is going to be sold as a shell to new owners. Ken has milked it dry.
Please tell us just what gives this ANY potential.
My KATX predictions. Right now it is an absolutely huge bloated bag of dung. Too many shares issued and no assets of any value. I think it's a candidate for a new owner. There is very very little stock in the hands of the retail public and right now it seems to be purged or flushed clean. If Ken can sell it you will probably see it get rolled back TREMENDOUSLY !!! Then maybe the new owners will vend a new asset into it and go their separate way from KATG and Ken Stead. If you held KATX you will get hopelessly diluted but Ken may be giving you some crappy KATG spin-off shares to soothe your anger. In a net net position you are probably going to lose financially. Good luck though !!
When you look at these 2 stocks -- KATX and KATG in a cold, hard unemotional light you can draw some conclusions. For KATG then -- here goes. It's a really really tight stock right now. Very very very few retail owners. If they do manage to do the spin-off there will be some retail owners -- but a lot of them will be potential sellers. Then of course there is going to have to be a big financing. I think this will be at a low share price and put out a very large volume of new shares. The financier will also be a potential seller. As will be Ken, Tim, Brookes, and Sullivan. All this huge selling overhang will have to be bucked by a huge promo program if the price is going to go up. In to-day's mining spec climate I think this will be very very difficult to pull off. But I guess they will try it. The Ekom Eya does not have the pizzazz to give them much help. Maybe something else will get vended in -- but I doubt that. So - in conclusion - the KATG is not looking very good.
His promo did NOTHING for his own stock -- Noble. It's an Aussie DUD !!!!!!!!! LOL. And at this present moment there is absolutely NO connection between Noble and the Ekom Eya. All -pretty BLAH stuff !!!!!!!!! LOL.
As you wish. Ken has not sold much BVIG since the shell was purchased. Nor has he bought much either. The next ' play ' -- pump & dump -- is going to be on KATG using the Ekom Eya. It is going to be a toughie to promote. The property is too weak.
So what is the bottom line here then ? Are we trying to prove that Ken has not sold much BVIG - and equally - much KATX ? OF COURSE he has not sold much BVIG. But nothing can be proven about what he did on KATX because he does not have to report. The KATX filings are now very very outdated and nobody knows what's been going on.
Check your own math !!!!!!!!!! Numbers do not lie. I think Ken has managed to confuse a lot of people with his jiggery-pokery. This is hilariously funny.
Moot points. What is YOUR point ? Wasted verbiage I would say. We all know BVIG is very tightly held right now. That " Vote " was to increase the A S.
Mappo, the intermediary is the Trust Company. The Trust Company knows who all the Registered Shareholders are. The brokerage community makes up a very large percentage of the REGISTERED Shareholders. These Brokers in turn hold copious amounts of shares belonging to ordinary stock market players. So if I wish to have a S E C filing reported to all my shareholders I request the Trust Company to facilitate it. Then it is the Trust Company that notifies the brokerage community.
I cannot believe how difficult this appears to be for some people. Ken has FILED his INTENTION to sell BVIG - a long time ago. But there is no demand - YET !!! As far as the KATX goes -- KATX alone holds enough BVIG to swing any vote concerning that Company - up to now. RE Ken's SELLING KATX -- he does not have to file his KATX trades so I can say he has sold millions and millions of KATX shares and I can't prove it -- nor can anyone else prove that he did not.
The big volume trade this morning was at the low - of $0.0006. Maybe it was a manipulated and negotiated desperation SELL - in bulk. Probably picked up by a M M. Those are the guys now playing this like a violin and making lots of trading money. It is still highly illiquid.
At this time it is KATX that holds most of the BVIG shares that voted.
It wasn't Ken !!!!!!!!!!! Some of that stuff is mandatory that it be sent out. The Brokers HAVE TO DO IT !!!
There is no doubt that there is a Water Table there. If you operate an underground mine you have to pump water steadily to keep the lower levels of the mine dry so you can work. Once you stop and shut down, the mine will fill up with water to the elevation of the local Water Table. To get back in - the first thing you have to do is pump water. They say they are doing this now - but I don't believe them.