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Well said alan
I may be wrong but don't you need to be a share holder or ex share holder to sign up for such action
Good luck with this. Never going to happen because this has been posted for a long time and nothing happens because there is nothing there.
Here is the way I see it. An agreement or contract are basically the same thing. What is important here is the way the agreement was written. You are correct that they are not in inforcable by law but a breach of contract openes the door for litigation if the present owner feels he is entitled to compensation or damages.
BTW, I stated earlier that I had enquired through the present owners agent as to whether there was in fact a signed agreement with kat gold. I did not expect a response but last night he did. He talked to the owner and did get verification that yes such an agreement was in place. He also stated that upon payment kat gold would own the mine. I would hope that a announcement stating financing has been obtained is in the offing. I would think the present owner would have vetted Mr stead and kat gold before initiating the agreement.
An 8-K is a statement of significant issues. Has nothing to do with credibility. If big considered this to fall under the heading of usual and customary activities then they would not need to file an 8-k . Granted it would be nice to see it filed but I guess it is their call. Imo
You seem to indicate that an agreement is the same as a loi or mou. An agreement is binding. A letter of intent and memo of understanding are not. IMO
If you read the press release you will see that the agreement was signed. If you refer to a dictionary it states that a contract is an agreement between parties to either do or not do something.
There appears to be a lot of denial by some that Kat gold Holdings owns a gold mine. Repeatedly stating the opposite does not change the fact that it does. I feel the company is moving forward and will reward shareholders in the future. That is my opinion and I would not try to convince anyone to either buy or sell based on what I post.
According to the real estate listing for the mine it is red flagged as under contract and off the market. I sent an email asking who the contract was with but got no reply but that probably is as it should be. Under contract same as sold in my opinion. People buy property every day by the same method.
http://www.goldandsilvermines.com/aasum.htm
That is unfortunate . If you take the time to type and post something it should be allowed. I think the bar must be set too low.
Very unfortunate indeed
I am interested only in Katx and bvig. That is why I come here
In my opinion all post should be available to all other posters and readers of this forum. It is for the benefit of all that others opinions are presented. It would be the fair thing to do if fairness is what we want. I am not directing this at one side or the other. It is just hard to follow a thread when some of it is missing
Can you please elaborate.
In my opinion any who post are not observers but rather players. I find both sides interesting and sometimes informative .
eelfland...thank you for your explanation of the issues concerning the present situation with shares of bvig. However I do not feel scammed or taken. I am fully aware of the risk and hazzards of this type venture. While I agree that the present situation for shareholders is somewhat dire I tend to look to the future. One thing about the present us that it quickly becomes the past. I do not base my decisions on charts and etc describing the past. I feel the future holds great promise so like many others I am not interested in parting with my shares at present. I do appreciate your concern though.
Doesn't someone have to want to sell before you have a buyer. No one wants to sell hence no vol.
I would agree whole heartledy with your post if both sides were treated equally but that is not the case. Can you elaborate on why. It is very frustrating .
David you are correct. There are no requirements for posting here. My post was an honest question .
Thank you eelfland
Sorry but the majority do not agree with your opinion.
Absolutely correct Allen
Actions here are one of the reasons I see potential. Pump and dump. No way. Time will prove who is wrong.
You are insinuating a grand theft ring. I subscribe to the mining journal and basically all the ads read the same. Claims go up for sale all the time just like residential real estate. Most are bought and held by dreamers who never prove up the claims beyond the basic requirements I.e. a min amount a hours per year at the claim. That doesn't make them bad claims just not proven claims. Some claims are indeed worthless or non economic. Trying to cast a broad net and claim that the cracker creek claim falls into the same category as some in az is misleading. .
I guess I am confused. Your original post was about patented claims with structures in place. I think your intent is adrift and your loosing me
What does this have to do with cracker creek??
Way off base. The so called claim in az is owned by a recreational prospecting club. Members prospect or mine if you will mainly by hand methods. They do not allow the use of mechanized equip. Has nothing to do with the claim in question. Cracker creek is a legitimate operation on patented land. It is not now a recreational site which I believe it once was. Makes no difference anyway. Recreational mining barely scratches the surface. One of the basic rules of gold mining is look for gold where gold was found before. BTW, rich hill in az was never really mined. Prospectors basically picked up potato sized nuggets laying on top of the ground. Hence its nickname the potato patch.
I am pretty sure if the Ldma wanted to really mine rich hill the finds would be staggering. Prospectors are still recovering multi pound nuggets at the site with metal detectors.
Links please, so the rest of us can form our own opinions.
That door swings both ways.
Banks....you are correct. The pps tells me that these two companies are neither pump and dump or scam. If they were either they would have dissapeared long ago. No one is making any money right now and most are holding waiting hopefully for promising developments.
Proof would give your statements credence short of that just more BS.
Can you elaborate on this post.
I really doubt that there were or are any so called paid promoters. I wouldn't equate lack or posting to lack of interest. There are an abundance of shareholders like myself who see no need to banter until news , good or bad , is made available. You , however are welcome to keep calling this a scam but I don't think any are giving the claims much credence.
Alan....that word be a breath of fresh air. I would welcome an investigation into fraudulent and damaging activities taking place with these and other small companies trying to get off the ground. Thanks for the post,
I don't post much anymore because it is a waste of time but how about an update on this pending lawsuite that seems to be worthy of a stickie. There are a lot of claims that both companies are scams so I would think by now all claimants have signed up. I am sure all shareholders and observers would appreciate your input.
That is old news. Looks like he was just an adviser/consultant who purchased his shares and was compensated with shares honestly. It would appear that he departed long before the downturn. What would be more interesting would be his activities since departing. IMO.
I have one question. Where is the indisputable evidence of any stock being dumped by any of the officers. All arguments as to this redundant claim come with no proof. TIA
In past filings it was stated there was trouble getting info from a third party. Probably still the case and makes you wonder who the third party is. African govt. probably.
Skyhawk... way to go. I hope this puts an end to the redundant postings claiming they are not related.
no need to call. The lack of response has answered my question. DOA
actually a revision means to amend or correct. You can twist it any way you want but you might want to consult a dictionary for a better clarification of the word.