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Cooper hit $3.70 this morning, gold $1317 and silver over $22. Then I saw this that just went positive in a very long time. Maybe we have hit rock bottom and are on the way up soon!
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
Based on a pre-defined weighted trend formula for chart analysis, KATX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Wednesday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending September 4th
+30 New 3 Month High in May
+55 Total Score
Solid it has been a month since the last PR on RR. I realize that last week was the blog on weather and if it is not a concern then it is not an excuse to slow drilling was my point. I just hope we get news soon on both stocks to ease our worried minds. Well, at least for some of us underwater big time. Drill baby drill!
Saying they iniated and doing the actual drilling as we have seen are very different. It maybe on their 'wish list' of things to do, but it seems they are only drilling one property at a time and we really have no clue about funding other than the recent grant and the $1 million they originally had. We have not heard anything about the other $4 million being released. Reason would tell me if they did have their hands on $4 million they would be drilling both HC phase 2 and RR at the same time and maybe more. Now if you had limited funds and needed to conserve cash or are just super conservative you would move slower like we are now. This is just an opinion and my only Katx post for today. Being it is fall now this spring\summer drill mentioned is past and therefore I can only assume it is most likely on the back burner. I think sometimes management assumes certain things will happen that do not or are overly optimistic. Priorities also change with circumstances like good drill results on HC that may take resources for phase 2 and put it ahead of other properties.
It might make sense if they were buying, but they seem to have been doing nothing but selling for 3 months.
I guess it would depend if we did the deal ourselves or did a JV as to what profits and therefore the stock price would be. I just wonder how long after the second drill phase if successful it will take to see that kind of stock appreciation. At this point I'd just like some news on drilling starting somewhere. It has been about a month and they did say that despite the Hurricane things would not be slowed up, but still no news. I hate these long silent periods that allow the bad guys to take down the stock.
Yep, I'm more than fully invested and bought more this month, and would like to buy more but I'd really need my sanity checked if I did so despite the low price. I'm wondering how relevant the last part of Rick's post is showing what some other copanies did after what was it 6 months with our attorney firm. Looks like they all went from where we are to $2-$3. Well, when did we hire the attorneys in May or earlier. Does this mean by December we see $2-$3? That is what it implies by posting it. Now I'd like it as much or more than many here, but is it realistic? Sure anything is possible if RR or HC hits big. Will hopes and dreams become reality? Keeping my fingers crossed, which makes it hard to type.
That does make some sense and maybe why the deal with Vale on Lucky was done the way it was. Maybe Vale is getting first crack on all our deals? Well, Fall is here so let's light this candle and get some escitement back in this stock!
So where are all the posters today on either board? Are all the longs limited to one post like me? It is just too quiet and we need this torch lit on these stocks. Too much is supposed to happen in the next few weeks and months and we are all waiting for the moment of truth!
Go read the DD and go to the web site before posting will you? Look at RR and what is about to happen and all the other properties and then you can see how silly your question sounds.
Does this mean they will not be able to buy Twilite from KATX or are they talking about other gold properties? Assuming KATX got their $5 million would they not be willing to fund BVIG? It would be possible, assuming phase 2 looks good, that they could sell some of the outsatnding shares and cause only minor dilution or JV to help cover the cost. Like everything here we will eventually find out.
anyone see if the paint is dry yet? This SSDD stuff is getting old. At least there is no enough spread or demdn for the flippers to make any money either. Let's hope we get a PR about drilling before they take it down more. I hate to even look at my account anymore it is just too depressing!
This kills me, but I have to agree with you. When news is expected and you are given a time range by the CEO and he does not deliver it would be common courtesy to at least blog and give a reason for the delay. Sure you would assume the storm, but the blog says no delays, but they don't even say company X got the contract and drilling will start say by the by middle of October or something. Ken is hurting his credibility and the stock price. You cannot treat publically traded companies like a Mom and Pop shop.
Could all just be a ruse by someone that paid too much trying to stir some excitement so they can unload a position now before the flood of new shares dilute the price. This is likely to happen if there is no news like a deal or phase 2 results before the new shares come in. I just do not see that much excitement around HC at this point on the other board and it like RR is a wait and see. I could be very wrong and will most likely hold onto all my shares of BVIG to see what happens after the phase 2 drill. Off course anything can happen. We could have a huge additional find, they table everything for now, a JV or even a sale. Hoping for the best!
NO, I wholly disagree. Last time we drilled the price decline had more to do with HC leaving the KATX fold and going to BVIG IMHO. Now it could be that some would manipulate the price to do so by creating naked short positions to obscure the true supply and demand ratio and hold down and drive down the price. That IMHO has been happening and is why you see HSDN there daily. For those that say they were buying on the spike up to .25. Duh! Off course the whole idea of a massive short pump and dump is to get the price as high as possible and set your shorts at the top. If you can move the price with small buys up and then short it hard at the top you can walk it down. It is obvious what happened. Only those with their heads in the sand, part of the manipultion or just naive don't get it. After seeing some of the post on this board would anyone be surprised is some were not involved?
You mean you did not get yours? Everyone else did. I guess you must have missed the cut off. Wow, that sure sucks for you. Sorry, Paco!
Not sure what happens to BVIG when we get our shares. I'm sure some will dump and run and many others like us will hold for drill phase 2 results and whatever comes after that. On the KATX page someone showed the OD IP and it does look like RR, but only 5% the size, but heck at 5% and a 50% JV that would be fine with me.According to Ricks chart that get me about 19 million and close to 8 million at 20% so I'm cool with that either way. It could happen, but not quitting by day job.
Gump do you really think they want to award just anyone or would they prefer to 'AWARD' someone that has a legitimate chance to create jobs? Since we have found enough gold to warrant further drilling and the resulta are out there do you not think that they compared our chances against some other junior miners for this 'AWARD'? Come on it is about creating jobs and not just handing out money like you are trying to make it!
Thanks for keeping it real. Good news on commodity prices for us. Gold this morning at a new high, silver close to a 20 year high, copper holding at a high price and REE (see below) going crazy.
http://www.proactiveinvestors.com/companies/news/7952/rare-earth-metals-continue-to-soar-after-china-reduces-export-quotas-7952.htm
Now all we need is results from our drilling to get some excitement about investing in KATX and BVIG. The next few months will be exciting and I hope profitable for us suffering underwater longs like me!
I wonder if that is the partner Ken discussed or there is more than one since they talked about $5 million. It is hard to tell because KATG holdings does not show much cash on the books. Seems everything is over at KATX and they are banking most everything. Well, RR should start any day now so it should not be much longer for the mystery of RR to be solved.
Of those 11 Joint ventures with Cornerstone does anyone know how many became mines and how many are or have produce revenue? I had always wondered but never seen anything regarding what happen after the JV deals and how long they took to progress.
I think if they pay a cash dividend that would be down the road and come from revenues from any joint venture we establish in the future, but that would be years away since you have to have a working mine and profits.
Seems to me a round about way to do it also. If the idea is to get off pinky land and BVIG is about there then once it is there could they then merge with KATX and then both would then be one company again. Off course, I thought the idea was to split them into a Gold and a cooper co. and have two companies and increase boths value and make both BB stocks. If the goal is to get listed on the NAZ or AMEX then it might make more sense.
BTW, I have an over .16 average. I was the one that bought at .0872 and .0871 which they gave me for about 2k today and my average in that account is down half a penny. I was not going to pay up to HSDN and I slapped the ask up to .23 and down 50% so I refuse to pay up and they can sell down. Long and strong over 600K shares not counting the 'free' ones. Good luck to all longs.
Don't smoke, but buying BVIG now is just stupid IMHO. If they free up the shares what do you think happens it goes up? No way unless they have phase 2 results. Folks will sell it down and short it just like they have KATX. Look the same MM on that board. Shares will not be fully valued until phase 2 results and hopefully a JV. If it is not mineable then it is pretty much worth next to nothing would'nt you agree?
Agreed I could comfortable live on the 5% also. Let's hope it does not take as long as OD to prove out and get to our 5% price. It sure makes .08 look like a better deal looking at it that way, but like you said it is pur speculation and just a mind game at this point. Let's hope this is the mother lode and we all become millionaires some day!
Becuase there are no other bids and asks. On level 2 it showed .21 -.51, but early on the .51 was not posted. There are just not many shares and I would not touch this until it freely trades because as soon as it does many will dump and run and it will be unstable. Better to wait and buy after it settles. Unless HC is mineable you might not see .75.
Yes, consolidate and possible get to .30. I never said he said it would hit $3 this year, but many here did and some as much as $163. All sort of numbers bantered about. I like ERock post and think he's more grounded in the truth and not a pump and dump trader like many of the so called longs that always have and endless supply of money to buy because they trade in and out. Makes it to where you have to filter out the pumpers and bashers. Problem is being new to the stock many (like me) bought up to .23 and now are big time underwater. Well, good luck to all longs and may we be rewarded for our patience and ulcers!
I have looked at all the DD. It was touted by many that we would be worth $163 a share with RR. Many touted $3 within 6 months and yada yada. Now I thought most were out of their mind and just pump and dumpers but these were some of the same guys that post day after day and I guess everyone gets 'gold fever' a bit. If I had thought this might only hit .30 by year end I probably would not have bought, but now .30 looks great since I'm at .168 on average. Between all the hype and bashers it is hard to know what to believe. I do know that many so called longs play both sides. I also know Ken is human and may have some of the same faults as many of us have with seeing things as we wish them to be but not how they really are. Well, holding and avaeraging down in hopes RR is all that and a bag of chips and KATG turns out good enough after the next drill to JV GLTU
It is a catch 22 for sure. I will try to average down and hope that helps on the next run up. I was hoping it would at least see .40 so I could sell 200K shares and pay off the mortgage and be debt free at least this year. I could have on the run to .25 but got stupid and held.
I see ERock is back on KATX. I think he's one of the more reasonable poster but a bit depressing to read. Just now he sees us at .30 with good results by year end and many called for 10X that by year end. I think the hype that got me and other pumped to buy up to the high has really hurt many investors here. Many have bailed and lost money and that's sad because many friends and family convinced them to buy. I have over a 50% loss at this point like Pooter. Limited cash to try and bring down the average. I can hold and don't have to have the cash at this point but it surely sucks going from looking at 6 figures in one account to in the 30k range in just 3 months. I hope one of of properties hits it big. I bought for the $3+. It was touted with this law firm showing examples of each of their clients hitting $2-$3 in six months. THen all the comparison with massive finds and RR. Expectations were high and now reality maybe saying otherwise. Hoping for the best.
Either someone dumped a big amount and went through all the buys or it was a false wall and they saw a stop removed the wall and hit it. I do not have level 2 that shows the actual shares amounts just the generic 5000 shares.
Steve
THere were 7 MM's at on on .08 and .081. Either some one put in a market order and dumped and blew through them or they all took off their buys and let it fall. Looks very fishy to me.
Steve
Yes, then you have to make the decision to sell some and take profits or let it ride. What do you think the chances are we see .40 as some predicited earlier before this year is over?
Yes, and look at this REE stock that is a pinky.
http://finance.yahoo.com/q/hp?s=UURAF.PK+Historical+Prices
from .02 to .54 since July. Here's a bigger name gone wild
MCP http://finance.yahoo.com/q/hp?s=MCP+Historical+Prices
This is a larger company that has also taken off. If they start pricing KATX for it's REE then add copper, gold and silver it could really take off.
Interesting more in regard to KATX, but I used my one post.
http://www.techmetalsresearch.com/
Look at the amount of copper China is importing. Now with their cutback on REE elements. I think you add both the cpooer and REE together and RR has huge potential. REE stocks have gone wild this year. If we get press regarding the REE we could see a 500% increase just on that news like many other pink sheet stocks have that are not as far along as we are!
Well, with no news and the MM's holding the stock in a range you will need a boat load of volume to move the stock. HDSN is again sitting to sell. The short is lower at around 30%. Now if Ken has a bombshell to drop on the shorts that would be nice. I suspect we stay in this range until we get closer to the the actual drill results from RR. Them starting drilling may give us a bump, but I don't expect much until we get close to the result date. In other news. RRE stocks are going crazy. If we can prove not only large cooper,gold,silver, but RRE then things could really get interesting. Here's a recent article I found. You can see what happened to some small REE companies.
http://seekingalpha.com/article/167794-3-mining-stocks-to-hedge-china-s-rare-earth-policies
Steve
Still wondering about that ASian market we were rumored to be going on. Nothing and you would think since we need volume that may help, but if we cannot handle the manipulation here how can we there? Funny, TDA said I could not buy shares until next Tues. So I put in a bid and it took, but when I tried to cancel and increase it they said I could not because the stock is not marginable. I have no other stock besides KATX in that account. Very weird.
That is a large land mass. While I understand what Gump says it seems kind of misleading. We are not taking random nuggest in these sample, but mineralization between the holes dug in a large area. There is still potential more, much more to to found. All we can do either way is wait since we do not have shares to trade so just as well be patient. If the shares come before the next results and people wish to sell fine. They wll be proven very smart or very dumb based on the final results. I'm hanging in there see see what happens and basing my bet on Ken and not Gump since Ken has the experience and group of top notch Geologist.
That is because many are tapped out or to the point they no longer wish to chase if hDSN and the other MM are just going to walk it up, short and then down again and again. Let them play with themselves and when we get news they have to cover. Just sick of playing their game. About time they play ours.
This is to Dggfish reagrding his post on KATX since I cannot post there but once and used it up. This is regarding his conspiracy theory. Daggfish do yoo dent that this same board was used in the past to P&D? Do you not see the large short every day as a percentage of trades? You know you can short this stock but who would when you have to put up a huge chunk to cover an unlimited risk especially on a naked short? That's right the MM. Now who here is a pure MM and not retail only? Do you deny the run up, short at the high and walk down pattern almost every day for weeks on end? Do you not see the post from traders talking this down and using charts as a price point? I know we have quite a few here that trade in and out yet are always gun ho. Funny how some that deny such a thing could even be part of the game. Funnier that all the experienced traders would be so naive.
Sure debate is good, but in an area like mining which is foreign to 98% of investors here we have limited experts on the board and any information here is suspect. So, you either trust posters on a board or management and their experts. Mgt. feels HC is good enough to continue to spend money on and drill. I'll side with mgt. right or wrong and hope for the best understanding they are human and this is an art and science it seems.
Now manipulation is another thing. In the past some have used boards and private messaging to collude with others to manipulate a stock. If this is done with the assistance of a MM it is evn more insidious. If you do not believe me do a Google search on this one and see what you get. This kind of activity robs you and me of our money and must be stopped. It is wrong if is done by basher or pumpers, but I expect the same folks play both sides depending on their trades. Most will walk up a stock and pump and then short and then walk it back down and cover. This is what has been down from .25 to where we are now. If anyone has inside information about those doing this please contract Finra whistleblowers site. There probaly is a reward involved.