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GOOD GRIEF !! They DRILLED HANDCAMP and then let the drill leave the Property. YOU NEVER NEVER NEVER NEVER NEVER release a drill in the busy summer time if you have hit onto something good. IT IS JUST NEVER DONE !!!!!!!!!!!!!!!!!!!!! Hilarious !!!
The big new additional dilution because of a terribly cheap financing is going to further diminish the share price here. And that's the Bottom Line.
Until you get the bonus spin-off BVIG shares in your hot little brokerage account - YOU ARE HOOPED by Ken. Are they there yet ? NO !!! Will they ever be ? You don't know that for certain - do you ? Nor do you know what price they will trade at. Meanwhile almost ALL the KATX assets are gone - and Ken has left you with an almost worthless shell. I'd say you ain't lookin' that good.
Big hairy ho ho ho !!!!!!!!!!!!!! The new pumpty-dumpty is about to start. Pics are MEANINGLESS without captions. Rusty - my butt !!!!!!!!!!!!!! WHERE are the assays ? WHERE is the working capital ? Enough of this hocus pocus -- results talk -- B S walks. LOL !!
What is Ken going to do about WHAT ??? He took your money and ran !!! I think he is finished with KATX.
Nobody bothers with Pink Sheet companies. Some are even non-reporting. This allows the Insiders to scam at will. And they do - and they did here on KATX. NOTHING AT ALL to do with any M M s.
All of you people who think you are going to get this Spin-off should check with your own Income Tax accountants to find out exactly where YOU DO STAND. Don't go on what you read on this Board. Incidentally I think to-day's trades are the last ones to settle in 2012.
SUPER SUPER ----- but the true definition of a mine is - a mineral property that gets mined up to the point where it pays its first dividend to the Shareholders of the Company that owns it. THE EKOM EYA IS NOT A MINE BECAUSE IT SIMPLY DOES NOT QUALIFY. It's merely an extensive hole in the ground. LOL. There are many many many many of those around throughout the world.
Ehhh !! Being that it is Christmas, etc., and Goodwill to men -- I beg to strongly differ about who or what took KATX up like a rocket to 25 cents a couple of years ago and then slowly dragged it back down to where it is now -- TRIPLE ZEROS !! NO in my opinion it had nothing to do with M M s or stock bashers. It was paid touters on behalf of Ken Stead who hyped it to 25 cents and then it was Ken and his entourage of Insiders and Groupies who drove it into the ground of triple zeros where it now languishes. Innocent speculators lost millions of dollars.
It works both ways, trooper. The crooks live in both countries - BUT THE CROOKED LISTINGS are on the Pink Sheets in the U S. THEREIN LIES THE PROBLEM. The Pinks stink !!!!!!!!!!!!!
With all respect to you Mr. W - that is not the context here. Stock con men live on both sides of the Border. Ken Stead is a Canadian with Canadian mineral properties. He formed a U S company because he could not get a Canadian one that HE COULD TAKE PUBLIC because the properties were not good enough. He should have taken them to the TSX.V but they were not strong enough. Almost anything 'goes' on the Pink Sheets in the U S. So he went there. And those are the bottom lines here.
You cannot assess a value to BVIG shares right now because they are yet to trade in volume so that a true and realistic price can be put on them. YOU CANNOT SAY $2.5 million dollars. As far as delivering the spin-off shares is concerned - they are already in place with a definite number and THEY CAN BE DELIVERED. No sweat. Why is this all so difficult to understand ? I am astounded that some set of happenings can't seem to be understood.
When the S-1 finally got accepted at the S E C the share price of KATX promptly DROPPED. Why ? Because KATX got approval to DIVEST of a large part of their assets -- namely BVIG shares. How anyone can think that was good for KATX beats me. They now have less assets and a lower share price. HOW CAN THAT BE GOOD ??????????????????????????????????????????????????????
Yeah -- after they robbed you by taking away your KATX assets, they are now going to 'paper' you away with cruddy KATG almost worthless shares. AND YOU THANK THEM ????????????????????? You will lose money overall FOR SURE !!!!!!!!!!!!! Your assets are gone and you do not yet know what you got for them. BIZARRE !!!!!!!!!!!!!!!!!!!!!!!! A very cruel JOKE played on you by Ken Stead. He wishes you a Merry Christmas. Ho Ho Ho.
Yes, also, from the Old Gumper to all the Members. Best holiday wishes to all - and may 2013 bring you many good things.
Over and over and over again -- I have tried to explain this -- TO NO AVAIL. The MM s are ALLOWED to legally go naked short. ALL adjustments of debits and credits are made at the DEPOSITORY. They go short against the DEPOSITORY ---- NOT NOT NOT NOT against clients. There are no such things as air shares or I O U shares. If you wish to have ALL the shares you have bought and you wish to take your certificates home -- YOU CAN DO THAT !!!!!!!!!!!!!!!
The big thing about all that is -- SO F N WHAT ????????????????????????????
DOES NOT MEAN A THING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You are absolutely correct. You covered it nicely. I only know Canada - and if this was in Canada, the Spin-Off would have been P R ed long ago because it is a Material Event.
THAT is unadulterated B S !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
KATX was naked-short beyond recognition.
Another con man I guess - to join the parade !!! The next parade - that is. LOL.
Please tell me why the investors here are plenty optimistic.
It will be interesting to see what will happen to KATX now. Most likely new Management. The Steads will now concentrate on another pump a dump on KATG if they can pull it off. With new Management I'll not stay on KATX. It was only the Steads that kept me here. Slimeballs who needed to be exposed. People miners. Sad but true.
Beats me how ANYONE can remain optimistic on KATX and KATG in view of their sorry record on the stock market and in their non-existent field work. They come across as a complete group of buffoons. FACT !!!!!!!!!!
Those are what we call gopher holes. You do a lot of gophering around to find tiny spots where you can make a bit of money. LOL. Penny ante -- very very very very few ounces of gold were actually produced.
I'd say that is Mel Stead. Ken's Brother.
Of course -- I know all that stuff -- but I also know FUNDAMENTALS -- At the present time both of these Stead stocks are horribly bloated up with SHARES ISSUED. Those are called bloated pigs. FACT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I for one know who they all are !!! I even had some of them - including Ken Stead try to shut me down by writing to people they thought were my family members. Complete invasion of my privacy. To no avail I might add.
Good companies with competent management and good assets are impregnable to bashers and naysayers and any M M s.
As we sit right now there just ain't a market for any amount of this KATG garbage. All their ducks aren't lined up yet. Nothing is yet coordinated and they can't kick-off yet for the new game. THERE IS STILL NO LIQUIDITY. LOL. You and I know this - and so does Ken Stead. NEW suckers must be found and touted !!! KATX is temporarily up the creek without a paddle.
Was your bid $0.0005 ???? No wonder you did not get filled. If you leave that in long enough it WILL get filled. Ha Ha.
OH ?? Is that right ? You have no idea the price they will open at on the market. And of course until you actually see them in your account - you don't even have them yet -- NOR IS IT GUARANTEED THAT YOU EVER WILL !!!!!!!!!!!!!
It is the anomalous volumes that you look at. How much are you 'down' so far on this P O S ??
Remember that oldie ? -- The Truth will set you free. I believe it will soon be with us.
I hear you can get the free shares just for "liking" KATX on the internet.
I always thought that is one of the things going on here too.
It used to be strong at $0.001 but that one finally broke after hanging in for quite a while. I think we are now seeing year end tax-loss selling.
A lot of speculators simply do not understand how the Clearing House and the Depository system work.
There are no problems because most of the PHYSICAL shares are kept at the Depository. It acts like the Bank. Debits and credits get shuffled around. Very simple and elementary. If you wish to buy lots or sell lots or take delivery of lots -- it's all there -- ALWAYS !!!!!!!!!!!!!!!!!
It was a diamond drill hole. I only know mining stuff and not much about the Petroleum Industry.
It's pretty hard to stay optimistic on these 2 Stead stocks. I often think Ken pays stock to those who would continually tout his stocks for him. Pretty hard to lose money when you get shares at zero cost.
I call you on that one. the deepest drill hole in the history of Canada was on the Rusty Ridge Mountian and I would like you to prove it. We recently had one in British Columbia that went down for more than 8000 feet.