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Bid/ask moving up nicely for KATX so far today. Getting closer to a technical breakout every day IMO.
Indeed, a technical breakout looks likely, a little bit of support from the company would sweeten the pot even more. ;)
The ascending triangle continues, will we see a breakout to the upside? The trend is looking bullish. Maybe Ken can give investors a little scrap to chew on one of these days.
The spread on on this stock, sheez.
Some people have a life outside of talking about KATX. ;) It's getting to the point where there's not much left to say on a fundamental level, all that matters is what KATX has in the ground, and how soon Vale decides to start testing the waters on Lucky, and when we'll see a phase 2 for Handcamp.
I haven't heard anyone say we're seeing a technical breakout, although I think we've seen the bottom from a technical standpoint.
We've got the 10 and 20 comin' up hard with the 50 being pretty level. Plus we're trading above the fast averages. Time to get in Cheepo. ;)
Lol, I don't have any expectations in OTC land anymore, but KATX has a few things going for it. Having an option to JV with the largest mining company in the world is nothing to sneeze at.
Just speaking generally with OTC stocks, not saying KATX might not be a $5 stock someday, but if you're going to exist in the realm of OTC land, the "long term hold" mentality can prove costly, that was an expensive lesson for me. =)
I just see a trading opportunity. Support held well even through end of year tax loss selling. It appears KATX is moving some assets around, but I can't elaborate any further cuz you never sent that PM in which you were going to inform me of some of your findings. ;)
Then you haven't been on this board much lately, there's been a "few" posters wondering about the BVIG distro, my suggestion is to stay tuned, as it appears KATX is moving again.
In OTC stocks like KATX, it's all about short to mid term movements. With KATX, if you're going to make money on it, you have make decisions based on short term movements. That being said I think we see some bullish short to mid term movement, it's pointless to speculate where this will be in a year from now, as it is with OTC stocks in general.
Early Feb. IMO.
There's some knowledge of the market, KATX has been beat down for quite some time, when people start running, I start buying, it's actually one of the safer bets that I make in the stock market.
At this point I'm wondering if any further share distributions require a future record date be set, or if they can have a record date in the past and base the distribution on that, or what are the legal ramifications to revising a previously announced distro. More research is needed IMO.
Wow, sure a lot of discussion about KATX for a late Friday night. Wonder when Vale is going to put the Lucky to the test?
Yea I think a multi-layered company always convolutes the situation, I think that IF it appears that we might have something going for us KATX will get rolled into BVIG, I also think that at some point we'll see a distribution announced pertaining to the 135M shares KATX got from BVIG.
Did you get more at .0055? That bid drop came out of nowhere.
I know there's many opinions over what is going to happen here, but as far as I can see, KATX is going to own BVIG, that means what's good for BVIG is good for KATX. What the ultimate endgame might be is anyone's guess.
Some good information just coming out over what KATX might have, the chart is ready for a move regardless, with new fundamentals we'll have a runner.
A couple guys big on the future of NL copper talking about it on a world scale. Who probably knows this better than anyone else? Vale maybe?
Copper on the Bonavista noted in the realm of worldwide mining, and our claims just happen to coincide with Vale. I guess when Vale stakes something people pay attention. Going to be an exciting time to see how this all pans out.
Can't blame people for wanting to get in on the bid side, but I think time is running out for bid sitting. ;)
NWGC getting a little love today.
Forward looking disclosure for those interested.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Kat Exploration Inc. to be materially different from the statements made herein.
IMO we will see another date of record established for 135M shares that were just given to KATX, now, I don't know if that date of record is required to be a future date, I still think the old distro will go off, but it will coincide with any final distro of shares that will put everything into BVIG. At least it seems like that is the direction this is heading.
Thanks and I'll do my best, I'm cautiously optimistic about 2012 for KATX.
I think that means the debil is done with shenanigans here. ;) GLTU, thanks for keepin it level headed in here.
IMO we're probably going to have another distribution at some point in time. What that means for the last distribution that was supposed to happen is anybody's guess. I'd be interested to see where the O/S is at right now with BVIG. Anybody have good a good theory to what happens next?
Yes, always good to be skeptical of the story at these depths. IMO I think we will find out if the story is the real deal this year. Can't see Vale letting the option agreement expire without doing some work on Lucky.
Somebody's always gotta be "that guy". MM's probably gonna try to coax him to unload lower, then he's gonna wonder why he never makes any money trading. lol.
That all depends if some KATX shareholders are capable of putting negativity aside for a bit to make a few bucks off a bottom chart play. =O
Think it's getting about time to start paying attention to that monitor again, opportunity to recoup losses or make a few bucks coming up IMO.
Now that is some DD. I think we some Vale activity at Lucky North this year IMO. A few test holes at a minimum.
Nice 400k buy at ask. Take your seats ladies and gents. ;)
This bullish formation at the 50 DMA is a game changer IMO. It's been a long time since we've had a bullish formation period. .005 support held through the end of the year, I didn't think it would. I guess even tax loss selling didn't prevent some investors from mopping up shares around .005.
When there is a trading opportunity.
Ascending triangle continuation today for KATX, it was looking thin to .008. Looking for a break upwards.
Don't know if there's any old assay info out there, NWGC's strategy has mainly been buying interest in already producing mines.
Vale only worth $120 billion give or take....maybe if they can get everybody in NL to pool their money they can make a downpayment.