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I understand what you're saying, but my point was that a pump and dump doesn't have to officially be from the company, I have definitely questioned the relationship that Ken Stead had with some of the "longs" that used to post on this board.
So basically don't be transparent when you don't have to. It seems katx is following this idea very well.
No, there was absolutely no pumping going on at all.......
Pull up the daily chart, click on the indicator called "accum/dist", then follow the line up. When price doesn't follow an upward accumulation trend it's a sign of weak selling pressure. Just waiting for this to pop out of the accumulation channel we're in. It's only a matter of time usually before price follows the trend.
Accumulation is still off the charts.
I know there was some noise about AWYI making the regsho list, as of Friday it was off.
I'm here but will be out on any pump we might get if nothing else changes regarding transparency. Hoping the new IR firm can pump this thing up just once more.
Some companies dilute to finance, others try to increase earnings or lower overhead. With these small exploration plays selling stock is all they have, dilution should concern you because it decreases the value of your holdings. Many of these exploration plays have O/S's that are in the multi-billions, this is heading towards being one of those. Does it bother you that with the previous financing less than 1/3rd of the money was spent on drilling?
I'd just be happy with becoming fully reporting for starters.
Let me ask then, if the 46M shares are direct dilution from the company then why isn't the company doing any drilling? We're getting into mid-June here. It's much more likely that those shares were previously restricted shares. Now, if they dilute directly into the O/S with the 250M or so shares, what do you think that will do to the PPS? Look what happened to the PPS when 46M was dumped into the O/S.
I think we will if he's running overseas putting stuff together. Whether anything ever materializes is the big question. I just don't know why they would put together the deal with trying to pay off Cornell if it's nothing more than fluff. I do think the intentions are there.
Well it sounds like he's overseas now so hopefully we get some news about whatever transpires.
Eh, I can think of quite a few companies who have gone quiet for a long long time, this isn't really that bad IMO. As far as financials and contracts, I hope it happens, as far as technicals, I can see us getting a nice pop. Whether this has been loading on anticipation of solid fundamentals coming out or a big promo I couldn't care less and is anybody's guess. I just see loading, that's all.
I don't know man, I'm still seeing the loading going on. My opinion isn't better than anyone else's but I feel strongly about it, whether it's in light of solid future fundamentals or a big pump.
So many assumptions, nobody knows what the financial status is right now.
Chart was getting overbought, most were looking for a pullback but it went back under all the MA's. Now the MA's are lined up and heading down, the conditions are there for another test at .01.
Does anybody have any idea what might be transpiring overseas or who is involved? Sounds like we could be having another flurry of updates soon. AWYI on the move again.
The problem with that is I'm sure KATX will show they don't have any assets, they only showed about $10k in the bank as of the last filing.
Alrite man I'll let you know how it goes, but I still think we see a nice swing on this one. GLTU
I don't think anyone would mind, but T/A is what has been driving this stock lately. Today was not good from a technical perspective, so we'll have to see if traders bail or not, you saw some of it at the end of the day when it was obvious .014 wasn't going to hold.
I agree 100% as far as pinks generally being oinkers, this is one of those plays that I've been looking at the chart and think I see some stuff going on behind the curtain. Whether it runs on pump or fundamentals doesn't matter much to me. I just see a big swing coming sometime in the future.
Regardless, if any entity was dumping shares, the chart would show it, and I go by what the chart says, because everything else is speculation. I've been in plays where conversions were being dropped in to the O/S, and the PPS and accumulation showed it.
If Cornell has physical shares to sell, then they are part of the share structure. FTDs are not related to selling.
NL and Labrador have a pretty different climate, NL winters are only slightly cooler than what I'm used to here in the Midwest.
So how does this equate to being listed on the regsho list? I already know your opinion on the company.
Perhaps you're not familiar with NL climate, it's not exactly the frozen northeast.
How do ftd's equate to Cornell selling? I'm not following your logic on that one. If anything being on the regsho can indicate the float on the stock is tightly controlled. Once again I refer to the accumulation that the chart plainly shows. I'm not saying this is the only reason a stock makes the list, but it's much more likely than what you're asserting.
I'm looking at the accumulation as in indicator to future price movement.
Sorry, I've been dismissing absolutist statements here for a long time now. If you have some evidence for your position that doesn't involve cut/paste or "Ken said", I'm all ears.
Yep I hope it happens too, the only thing anyone can do until then is play the chart, load when it bottoms and sell on the way up.
Agreed, if the chart didn't look so good I'd have my doubts. I just continue to see loading upon more loading, sooner or later this will go. I think the accumulation going on is a look behind the curtain. That much I'm pretty confident on.
I don't doubt that at some point you'll have more PR pump, especially if they can't get a financing deal done and have to sell those 250M shares into the open market. That's how the game is played down here.
You should get your chance, support broken today, next is .011
I already have a core position, not buying anymore until this circus starts to have some clarity, no matter what the price is. This stock is starting to go down the path of many exploration companies before it, dilute, spend, rinse and repeat.
At the end of the day they are still two completely separate publicly traded entities.
Once again, just a PR from a pink sheet company pumped ad nauseum, how about some grades with intersections? I'm surprised that KATX hasn't taken any initiative if mineralization is as good as they try to make it out to be. Hmmm, makes you wonder.
With all the attempts you make to compare our properties to known major mineral finds, I figured maybe you were privy to the NI 43-101, since that has the final say on what a property has and what it doesn't. I'm going to venture a guess and say maybe the reason one hasn't been completed is because there hasn't been anything found that's been worth spending the money on a 101. Just a hunch.
Still waiting, chart still ready for a move though.
Showing a t-trade at .0008, anybody see how big it was?
I have looked for it and can't find it, there's really not an excuse to not have one completed by now, especially for a small drill program.