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Congrats! Go Katx!
I have a very good feeling about this!
How to you copy an email?
Sorry or if you give me your email address I can forward.
Ken Stead via email.
From Ken:
Hi Cindy
We have initiated the project and our geologist are now laying out extended geophysics over what we believe to be hot areas and trenching should start real soon with the drill rig right behind it. We’ll inform our investors as soon as the drill rigs are mobilized to the property which will be soon, thanks.
WE ARE REAL GOOD!!!!!
Not to sound stupid but did you make this video?
I saw it a while ago and Ken was not in it??
TIA!!!
What is it!!! So much information you are wonderful!!!
Congrats! You deserve it!!
Did you talk to him?
I agree we have a great team that had done the best DD. Lets all stick together and enjoy the payoff!
GLTA
Girl!
Yes, and I am in for the long haul!! Gonna be a great ride!!
That is too Funny!
Right Now!!!
I agree - what a way to end the week!!! Happy "KAT" Weekend to all!!!
Get rested up for Monday!!!!
Etrade showing .09 x .11
Welcome Back! Hope you are doing well, wish you the best!
KATX KAT Exploration, Inc May Do a Significant Breakout Soon Wednesday 05th of May 2010 05:09:05 PM
KAT Exploration, Inc. is possibly setting up for a very important breakout above the recent trading range. I was looking at KATX very critically over recent weeks and wanted to be sure that it would not break below 5.5 cents. It has not broken this support and is an internal sign of strength.
The overall structure of KAT Exploration, Inc. is looking quite bullish and I am upgrading the penny stock rating on KATX to a 1 (our highest rating level). Why?
Well because KATX has now shown us that it is unwilling to break down below 5.5 cents and it wants to maintain the current strong longer term trading range and is now at the top of the trading range for the THIRD TIME.
Usually a stock or index will succeed on its third attempt at breakout out. Usually, not always. But I like the recent three day move and I also like today’s intra day reversal. The candlestick looks great.
It is also nice to see KATX performing so well given the recent overall market weakness and the general sloppy trading and weakness in the gold price. This is a very good sign.
KAT Exploration, Inc meets most of the criteria I look for in a superb penny stock trading setup. It reminds me of the setup that Sarissa Resources had over a year ago.
I like the fact that KATX has a lot of SIDEWAYS CAUSE and has not broken down. KATX is a great example of the type of penny stock we like to identify here! If you ever see a penny stock with a similar setup to this one please do tell us about it so we can share it with our readers!
If KATX is able to hold and maintain a full price candlestick above .092 (possibly next week ?) then it has a clear path to about .17 cents. There is almost no resistance all the way up to that point and it could be reached in short order.
Certainly a huge gold price breakout would help things along as well, but for now KAT Exploration, Inc seems to be doing quite well on its own too.
According to bloomberg.com KATX currently has a market cap near the 37 million dollar range. This is a bit of a concern as it become increasingly rare to see ANY penny stock trade above a 100 million dollar market cap.
Assuming KATX is able to successfully trade to the .17 range, then the next level of resistance is the .45 range.
For KATX to get to .45 range it is going to have to once again form another sideways base of many months duration.
If things get wild enough in the gold market and the gold price is able to get a super spike going then I think it could be reasonable to see KATX eventually reach the above mentioned targets. A lot of the next moves do depend on the gold price in my opinion!
You might notice that I have not even mentioned any fundamentals about this penny stock. The only thing I need to know is that it is a gold stock and that the gold market so far is still in bullish stance. The chart itself right now is speaking enough to me that it is all I really need to know for now.
The strength of KAT Exploration stock in the last few days despite overall market weakness is a great example of how many times you will see penny stocks trade completely independent of other market indices. It is almost unbelievable how they do it. But in a certain sense they become safe havens to the rest of the market. But for this to happen the stock must have some very strong hands, a very good story and some committed shareholders.
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Posted by: Tom in Penny Stocks - gold penny stock with Tags: gold penny stock, kat exploration, KAT Exploration Inc, KATX
Should I we be buying in to BVIG or more KATX
I don't want to sound stupid but what does the BVIG mean for KAT? Does KAT go away and we are now BVIG and do we trade at that $ amount? Sorry not a savey investor just learning but have lots and lots of KAT stock!! This is the best DD I have ever seen! Thank you in advance for all your help! Also should I buy in to the BVIG?
I talked to Ken about this.
Very well said!
Jackblack - do you have shares?
Are you ever happy???
I agree this just goes to show you that Kat is solid and when their is real news Ken will get it out there!
I am in for the long haul!! Go Kat!!!!!
Did anyone see Michael Cohen's email about his stock pick that comes out tomorrow - Gold Exploration Company? What do you think??
Hopefully soon, my car is dying!!! LOL
In it for the long haul - Go KATX
I agree I talked to him as well!
Thanks
Just ignore them!
April 27, 2010 at 11:59
Good for you GUMP!
Lets Go Katx - from Snowy Baltimore!
Wow.... Don't get so excited its not your money.
I will email you from my Island next year and let you know what the weather is like..
Amen!!!
Chill! We are in for the Long Haul!!! No need to panic!!!
Lets go Katx! Pour gold like it is pouring SNOW in Baltimore!!!
Thank you!
Green Days are coming$$$$$$$$$$$$$$$$$$$$$$$$$$$