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Almost happened, you seem to forget that KATX is worthless now. The company and shareholders used and abused by Kenny and Timmy.
Gonna need some momo to run that far but imo a triple from these levels.
Looks like someone wanted out, must've realized this is well on its way to being an empty shell. I sure thought Kenny and Timmy would've updated shareholders as to why they stripped everything from KATX.
Wow, you'd think we all those great properties the company wouldn't have to offer more convertable debt. Guess they weren't that great.
Copper and cobalt are by-products of the nickel concentrate from Voisey's Bay. The plant is specifically designed to process the concentrate from Voisey. Specific copper processing methods can be added on, but it would be another project from what I understand. From what I've heard the copper ore would have to be shipped out and refined before it could even be handled at the plant, so what does it matter? If there's copper worth mining it'll be mined.
Need something new to pump. I'll throw some pennies in my back yard and Ken can come take grab samples.
It's not for copper, it's to process nickel concentrate from Voisey. If any copper makes it to the plant they'll have to add on to it, but KATX doesn't have any copper or nickel, so what's it matter? You're worried about step 32 when you haven't even gotten past step 1.
No the PPS is definitely not showing that, but it wouldn't be the first time the price of a stock hasn't accurately reflected a company's potential earnings. IMO this will be a play that will be quiet until it's not.
Every statement by every pinky company is forward looking lol. The PR stated the aquisition was completed, but like you said, we'll see it in the financials if it happened, I'm reasonably sure it happened because I'm reasonably sure where the money came from. One thing is for certain, the financials have looked solid this year.
Just to elaborate a little, using some guestimations I think they generated about $1.4 million over the past couple months, then came the mine aquisition announcement, I have reason to believe that money was used for the purchase of the second mine.
Company was diluting, shortly thereafter they announced they purchased the second mine in Peru.
I'm not aware of any promo that took place recently. There was absolutely no chatter about NWGC on that spike to .16. If there was a promo, it was a very small one.
Well I doubt it's happened yet, but IMO something is in the works. We've seen good volume with no pump, when we start seeing some attention here I think this low floater will move quick. The fundamentals are there.
No, I never said the SEC was investigating KATX, I said that they don't give out any information pertaining to an investigation, or if there even is one, but feel free to speculate about the SEC investigating all these bashers who felt a year and a half was enough time for a company to get a share distribution done.
If no one affiliated with KATX dumped how did the O/S go from 287 million to over 700 million in a little over a year? Magic? Why the need to bump the A/S up to 1 billion of no one is selling?
SEC isn't going to give info. about an active investigation, when you find out, it'll be too late.
We've already had some great news, the company is profitable and expanding, but I'll always take more.
Another day of the bid getting hammered so far, wonder where the market will value KATX when the dust settles. Not much value here.
Are you serious? O/S was ~287 million when the big pump took place, company sold into it, O/S sat at ~715 million mid-October, and they bumped the A/S up to almost 1 billion. Where have you been?
Little more volume when it made that spike to .16 in Sept., but that spike was on no news whatsoever. It was funny because we had all this action but absolutely no one was talking about NWGC, investors are loading while keeping things as quiet as possible IMO.
Who could forget all those air shares, lol. I'm sure it had nothing to do KATX doubling the size of the share structure and poor drill results.
I bet that's why we had a huge selloff when those numbers were announced, because they were so encouraging.
KATX has all the makings of a shell game scam, former and even current investors are calling it for what it is. Train wrecks are hard to look away from. Good thing we have tax write offs.
Gonna go out on a limb and say there's a bit more than 10% of shareholders who have a negative opinion on what Kenny and Timmy have done to KATX.
How is KATX a steal at .006? KATX is almost an empty shell now. To buy KATX you'd have to trust that Kenny is going to compensate KATX shareholders in some way, and that's an aweful lot of trust to give a pinky CEO who hasn't been able to get a share distribution done in a year and a half.
Hopefully Black comes through with the Microfill machine. It would be some pretty huge verifiable information, couple that with getting current with filings and this could run again, a multi-bagger for sure.
I was an investor here when this ran from .003 to .03, this moved big on low volume back then, now this is trading 28M in a day? I don't know if the entire float was even 28M back then. I'd say it's a safe assumption that the O/S has gone up.
I know what I see. Share liquidity is not your problem here.
I've been watching HNSS and I can't help but be reminded of another stock I was a part of that had a MM constantly dumping on the bid and would jump the ask and dump there also into upward movement, it seemed they had a never ending supply of shares to sell. Well, it turns they did have a never ending supply of shares due to the company dumping through them. Either HNSS is dumping or they took part in some dilutive financing and the financier is dumping. At least rock bottom isn't that far away. All IMO.
Shaping up to be a pretty good day for a Friday. Looking forward to next week.
Almost all posters are current or former investors of KATX who feel strongly about the company one way or another and post their opinions of the company on this public board. Hopefully you won't ask that question anymore.
As already mentioned those are gravel pits, but at least somebody is working the Lucky area, because we know it isn't VEC.
The properties WERE under one roof before shareholders were conned with the shell games. Ken was able to sell quite a bit of stock with all the hocus pocus.
Gonna make a prediction that we'll see another announced "share distribution" to try to encourage more volume on KATX so they can finish dumping and stick a fork in it.
A sure fire $2 Billion in the pocket? That would've netted Ken a cool $372 million with all the shares he gifted to himself. Pssssshhhh, I'd rather offer convertable debt and roll the dice. $372 million just doesn't go as far as it used to......
Sorry, I think you need to go and slap the source of your rumor. VEC doesn't flop $2 billion for a property in which the first hole has yet to be dug.
Two billion for a property that hasn't even had a phase 1 program done. You're dreaming.
You hear a lot of things that never happen.
He's saying Vale doesn't care about the company or what exchange they trade on. They just care about the property, but the option agreement is specifically with the company, now that KATX no longer owns Lucky, the agreement is probably void.