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Thanks, as you can see in the quarterly this has a good share structure also.
You wouldn't think so, but who even knows what's going on with this company. People have been touting grab samples from Lucky forever, but we don't have any reports for them or even know who analyzed them.
They way I read the agreement VEC will foot the exploration costs, if it ever makes it to the point where it's going to be developed into a mine KATX will have to pony up for 20% of the costs.
To watch a scam like KATX go down in flames.
And it was .06 before that, company showing increasing profit every quarter. Not too worried about the daily swings, I'll wait for the financials.
Yes Mappo, you don't have something until you have it. Does Lucky have proven reserves? No it doesn't, and you know this.
KATX will need to foot 20% of developemental costs, that's why it's called an 80/20 agreement.....if KATX didn't contribute anything to developing the property why would they get 20% of the profits?
Wow, are you STILL trying to compare grab samples at Lucky with assayed drill cores at Voisey? Voisey is worth billions, Lucky is worth NOTHING, no amount of wish thinking will change that.
You have any hunches that you care share with us?
Absolutely not, look at pretty much any L2 on any pinky here and MMs will more often show 5k or less available from individual MMs, next look at the trade blocks that go through, sometimes millions of shares in a single transaction. If these pinkies really traded that thin you would see HUGE pps swings with single trades, as we all know, that doesn't happen with KATX or 99.9% of pinks.
IMO anything older than 3 months in the pinkies starts to lose relevance when it comes to patterns. The only 3 month patterns I see for KATX is the "falling knife of dilution". You DID get see your .005-.0055s that you saw in the chart though from awhile back.
Interesting to watch how this is trading today.
If VEC hit good grades at Red Cliff then it would've been only 7.3 km, now that phase 1 bombed at Red Cliff it's 73 km away. lol
See my reply to mtsr, hit the ask for 5k and see what happens, with it being so "thin" you guys should have no problem pushing it back to .01 today.
Don't take my word for it, hit .0059 for 5k shares and see what happens.
Nonsense, so when we had that 2M dump at the bid yesterday, how did PPS not go into triple zeros? L2 didn't show 2M in bid support above .0052. Is gullability a prerequisite for being a KATX investor?
Do you honestly believe there's only 5,000 shares available at the ask? If you watch how KATX trades you'll get your answer, there's plenty of shares available, most important thing is bid support as this creeps closer to .005. How low will it go before people feel comfortable entering again? As long as Ken keeps investors guessing, it might be lower than .005.
Over 5.9M shares dumped on the bid with a paint job to end the day. Not looking good for tomorrow.
Ignore the paint and look how it traded throughout the day. Not good.
KATX is one big giant dip, if you bought KATX at any point in the last year and a half, chances are you bought on a dip.
With all this buying going on, why does the PPS continue to tank? I don't get it. lol
People have been "buying" all the way down from .25 I guess.
Ouch, no matter where this closes it was not a good day. Big blocks setting off at the bid that were either dilution from KATX or big holders lightening up their load. 5.9M+ sells to 450k buys.
Slow Sto positive cross and moving up from the bottom. Good buying opp.
Whoever is accumulating NWGC is doing a great job of keeping quiet about it.
More good news today. All aboard before the Q3 financials hit, chart is ready for a move up also. NWGC is going to be a big play in the coming months imo.
As you stated, MM's don't show how many shares they're looking to unload, but looking at how this is trading, there's quite a few shares available at the ask. Makes it hard for PPS to move up. It's the same thing we saw from HDSN for a year.
Depends on which flowchart you're referring to, there were a couple floating around. It's also unlikely that any R/M would be beneficial to KATX shareholders, you'll probably see a R/S with KATX before any merger.
It seems he's found that it's easier to sell stock than find minerals.
This would go over like a lead balloon with the SEC. They need to award the distribution shares to the appropriate parties or this could get uglier than it already is.
It probably will after KATX gets run into the ground. Then you'll see the properties transfer into BVIG and Ken will try one last pump imo. It was a good run, but KATX has been damaged goods for some time now.
I see you also noticed the high market cap on BVIG also. My guess is Ken will have a market maker ready to unload on the opening bell after everyone gets their shares. If they can start at an absurdly high opening, such as .20, there's much more opportunity for selling on the way down. Ken isn't as big of an idiot that most here think he is, look for KATX and its properties to merge into BVIG at around that point for Kenny to pump one last time. This has been about Kenny selling shares from the word go.
I don't think there's any question as to what "Mr. Stead" intends to do. lol.
So Ken can sell into it? Remember the last filing? I personally think Kenny boy has it figured out. When KATX is dead, do one last pump with BVIG and milk it like he milked KATX. Then Kenny checks out after fleecing shareholders of hundreds of thousands of dollars with KATX/BVIG. In pinky land, if it doesn't look right, it's because it isn't.
What about Ken receiving his BVIG shares Dec. 2010 and nobody else receiving theirs? Now that Ken's restriction is off.....doesn't make Ken or KATX look very good.
Par for the course with HNSS lately it seems. A bunch of "almosts".
Looks like .006 support could be getting ready to fall.
Still early for tax selling but it's something to keep in mind if this doesn't turn around soon. With KATX doing Form D's, I don't see PPS moving up if KATX is going to continue to finance this way, there's going to be selling pressure into any upward movement like we've seen before, only difference is investors are aware the O/S is growing this time around, unlike last time when Ken kept investors in the dark while the O/S went from under 300M to over 700M. It could be a very long winter.
Nice move up in the channel for NWGC today.
I wouldn't count on finding a motherload of anything. Just having VEC plan a phase 1 for Lucky would be great right now.