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if this is true than fantastic! but....why didnt vale surround this then? the IP was done years ago...and vale would have known about it...
yes you are correct.
a big error!....lol
yep....nada!
The current iron ore price is a 182 cents per metric ton...so even at 47 million metric tons of mineable ore...ITS 87.8 million total! and you know katx wont have all of that they will have to split it with the company they partner with! and you think thats enough?! check this link out for your prices....
http://www.indexmundi.com/commodities/?commodity=iron-ore
i understand....even though my initial was at .01, ive added at many other times. especially after vale surrounded lucky....so my avg is close to .08-.09 im at a 66% loss...that even if i claimed for tax purposes wont even get me close to getting some money back....but what bothers me is that the company had complaints of the IR from the start and nothing was done....the fact is that they cant even blog regularly WHICH IS FREE OF CHARGE TO THEM...when i say regular i mean not everyday but every once in a while to give updates etc etc....says they do not know how to manage themselves from a IR POV when they have so many eyes looking at them.....that shows a level of immaturity to me..
im not bashing....like others....i feel very betrayed by this mgmt and the way they have handled themselves.....with bvig, rr updates, china update, promise of an american property purchase....etc etc.....all i heard was "we good" so you can say that im pissed....
your assuming the grade is well decent enough to be mined! if that were the case why didnt vale surround RR, the anomaly was known for a while from the IP, and i am sure vale being as well known and connected as it is knew about RR since 97! but nothing.......only lucky and even then only 750k for it , for a hold of 3 years, which prevents others from touching it....whose to say the prices of copper will stay up for that long and we dont have another $hitstorm on our hands....
Thats great....i understand that....but you have to understand that all the needless pumping is what destroyed people here...they kept on pumping it , making it go up, adding at higher prices.....etc etc...all that BS has to stop now!
Thats terrific....BUT GUESS WHAT.....THEY HAVE BEEN MOVING FWD WHILE THE PPS LOST 90% OF ITS VALUE FROM THE .25 HIGH....GREAT JOB THERE TO PROTECT THE SHAREHOLDERS (AS KEN STATED)....GO LIVE IN YOUR FANTASY LAND...BUT FOR NOW THEY HAVE DONE NOTHING...
THE NUMBER ONE THING PEOPLE HERE NEED TO DO IS STOP COMPARING THIS TO OD! THIS ISNT OD, ITS CANADA AND CALLED RR.....THERE IS NO EVIDENCE IT HOLDS THE SAME MAGNITUDE OF PROVABLE DEPOSITS.....IT DOESNT EXIST....IT HASNT HAPPENED SO IF BMB OR ANY ONE OF HIS OTHER ALIASES DECIDE TO POST ON HEMATITE OR OTHER CRAP GO DO YOUR OWN DD....HEMATITE IS VERY COMMON!! AND FOR THE RESERVE TO BE WORTH ENOUGH MONEY IT NEEDS TO BE MASSIVE...DO THE MATH...LOOK UP HOW MUCH IT COSTS PER TON AND THEN MAP OUT THE RR PROPERTY....EVEN IF THE WHOLE PROPERTY IS THAT ITS STILL NOT ENOUGH.....NOT ENOUGH! IT ONLY DOUBLES OR CURRENT VALUE AT BEST...TO A PPS OF 5-6 CENTS..BIG FN DEAL SINCE MOST BOUGHT IN AT THAT RANGE....SO SERIOUSLY..UNTIL THE COMPANY CAN PROVE SOMETHING....ALL THIS IS CRAP...AND BUYING MORE SHARES RIGHT NOW IS PISSING IN THE WIND.....
yes and that could take another 3 months! and then further testing, and drilling.....meanwhile the PPS will keep falling...so whats being done? nothing?!
thank you, you have confirmed what i thought.....so until then....i will stand by my word and not add blindly...never again....
interesting....sure...but does that mean profitable???
like i said...IT WOULD MAKE SENSE TO ADD MORE WHEN YOU KNOW THEY HAVE PROVEN SOMETHING....AT LEAST DO ONE OF THOSE THINGS ON THE LIST FIRST....I MEAN COME ON.....BMBs BS and talk like "i sold my car" or " i put everything in this stock" from people on this board have pumped this up....they keep saying HC is where its at, then RR, then lucky, whats next....IOCG...oh no wait we meant REE...even ken said it was IOCG and then said oh no its a REE and its "interesting'...yea interesting is right...down 60% in one week is very interesting....ON MASSIVE VOLUME..
WHY do people say its manipulation?!! no where does it show this...
fact
NO SHARE DISTRIBUTION YET--bvig
fact
sub economic copper (NON MINEABLE!!) IN HOLE 1 AT RR
fact
VERY low REE percentage thus far in hole 2 (NOT PROFITABLE)---STILL NEEDS TO BE PROVEN...
fact
PR (partial results...10% analyzed, 90% unknown...and the RESULTS WERE NOT ONLY INCONCLUSIVE BUT WERE BAD ON TOP OF IT--no need for this)
fact
no china exchange follow up, since update LAST YEAR!
fact
No follow up from twilight, or cabbot
FACT--NO AMERICAN PROPERTY PURCHASED AS PROMISED BY THIS YEAR!!
WHAT HAVE THEY DELIVERED?! WHAT?! I MAY HAVE BEEN BLIND BEFORE BUT THE FOG IS CLEARING UP ..... BMB HAS POLLUTED THIS BOARD, NO WONDER ER0CK LEFT WHENEVER HE SPOKE OF ANYTHING LOGICAL HE WAS SHOT DOWN BY HIM....
are you still in this stock? or have you sold....
i agree...but its just VERY FRUSTRATING...that ken would even state that RR is IOCG like without knowing whats in the ground. It caused a lot of hype and pump for this stock....and from a CEOs standpoint THIS IS NOT LEGAL without giving evidence first of its existence....i AM AT A HUGE LOSS but until i see some mgmt changes i will not add more...especially with shorts INCREASING TO 11+ MILLION NOW....that never has happened before....
erock let me ask you, are you still a stockholder in katx?
WE were never told of a RM....AND ALSO...HAVING TWO SETS OF INFO ONE ON THE HANDOUT AND ONE THE WEBSITE AND THROUGH PRS....IS NOT GOOD! IT SHOWS THE COMPANY IS SAYING ONE THING TO ONE SET OF PEOPLE AND ONE TO ANOTHER.....DOES THIS SOUND HONEST?! PLEASE QUESTION YOURSELF.....
Rick with all due respect...ken has mentioned RR as an IOCG target...and now that he didnt see this, hes saying its a REE target....and called it "interesting".....WELL ...it not interesting us shareholders lose more 60% of our value in one day because of mismanagement......
yes exactly...which means nothing...the first 30 minutes this always happens....then HDSN steps in....but one thing is right...KEN HAS ALWAYS MENTIONED HIS RR AS AN "IOCG" TARGET...it states on their website...AND NOW HE SAYS it has "REEs" hes trying to shine a turd now into GOLD...this isnt being honest with shareholders like myself and others....
where is HDSN?
new? you need to check yourself....ive been in this since NOVEMBER 2009 ....its just getting sickening how the company handles all the administrative nonsense....and yes like others i am frustrated...we deserve answers like pro trader has said.
its my guess....but if i were them id pr about a new PR guy....THAT AINT HAPPENING since jack and ken are friends and hes not getting fired after christmas
the company WILL NOT PR ANYTHING BEFORE NEW YEARS...not after that fiasco
last day for tax sell off is tom as well....no reason to buy before then...
yep....its heading down to 52wk low of .0165
WE STILL TO THIS DATE HAVENT HEARD ANYTHING BACK REGARDING THE FILING FOR THE INVESTORS OR CONSULTANTS.....NOTHING....IT SHOULD BE PUBLIC....STILL TO THIS DATE...NOT ONE AUDITED FILING EITHER....THIS IS GETTING VERY FRUSTRATING...IM STUCK IN THIS TURD NOW BUT HOPEFULLY IT TURNS OUT GOOD, I CANT JUMP NOW, IVE LOST TOO MUCH.
I agree we still have 2 more days until the final tax sell offs will end next week.....i still think we can see .02 or lower even back at the .01x levels....before anything happens....most bought around .02 from the original buys...including me for my initial buys..so if that happens I will add...but for now i will watch...
as i am still waiting..for...
bvig shares..
china exchange agreements..
lucky options agreement.....
an actual full RR report....that is by the actual GEO...
any other plans at all for phase 2 HC drilling...
SO MANY REASONS TO WAIT.....TO ADD MORE....FOR NOW...I WILL WAIT....
i bought more by the gallons...lol..but yes while they are being forced by investors whos incharge here? ken or us? he still owns the majority another route could have been taken to placate the investor just tells us we are awaiting full results still because the lab is delaying...thats it...second, there is no deliverance on any other promise yet..GLTA
if they staked additional claims because they thought the results are 5x times what was reported today thats not being open with investors saying that they are waiting still for results when they "know" the results are better and there already....SECOND...why didnt they wait for the ENTIRE RESULTS..we waited an FN HALF A YEAR if not longer whats another 2-3 weeks..i mean seriously....THIS IS HAPPENED TOO MANY TIMES NOW WITH KATX on prs that were "supposed to be exciting" but resulted in just a waiting period for more results....I for one am now stuck LIKE OTHERS who have been in here since the double 00s but enough is enough....still to this date...they havent told us about the financing deals (is HDSN related?!) still to this day the china issue hasnt been mentioned again...still to this day NO BVIG shares...and we are now 1.5 weeks away from the original 6 month hold agreement......are they serious?!....I have no choice to wait...but for others id wait to jump in unless the company gives up something TANGIBLE OF VALUE...REAL VALUE....happy holidays everyone...
time for more egg nog...
36 million traded is LITTLE MORE THAN A OVER REACTION!!
yea i think so.......this sell off was on massive volume....why it took so long for results is beyond me....this is against all timetables by katx and the bvig shares should be issued if they were under the old agreement next week....so WTF is going on?! Ive been patient since last November but this is fn ridiculous....
quick someone cut off their internet web access to porn..maybe the SEC WILL GET SOME WORK DONE!
what negative information?? what are you talking about?
I thought you sold all at 18, isnt that what you said??
yes, and the float is even lower! i read 247m somewhere....
i think katx has much lower than 800m outstanding shares....
again...another opinion.....