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That'd be great if they got some work done on HC this year but as of right now whatever is done at HC doesn't affect KATX, Ken made them two completely different companies.
With all these professional geo's alledgedly working for KATX, where's the NI 43-101 report for Rusty Ridge or Handcamp?
Those are some ugly facts.
Looking at the accumulation we're going to have to start moving up again.
The chat is neither good nor bad, most of what is discussed is fluff in my opinion, some like the experience to chat with the CEO on a personal level, some think it only opens the CEO up to questions that can't be appropriately answered. I'm indifferent to whether it continues or ends.
I think we are quickly approaching the end of the loading zone, this type of chart can be patternistic, I've been anticipating the first couple weeks of June to see if we get a pop.
I agree with that, I just doubt we'll see it run on air again like last time.
Yep, but this stock has a bit of a dark history now, back then it was a brand new pump. That makes a difference.
I doubt that many 7's are even available, usually a dip into the 7's is only by a small bidwhack.
That would be a market cap of about $65 million pending any further dilution, good luck.
I would hope so, it's June already. Then again, "soon" is a pretty relative term when it comes to KATX. We were going to be updated about the share distro soon 6 months ago. I hope it's not that version of "soon".
No they absolutely do not move slowly when a major or a junior is on to something, with the current prices of metals they move absolutely as quick as they can and will drill 24 hrs. a day. Maybe it's just that Lucky hasn't proven to be anything special.
The SEC and those unclothed shorts, it's a conspiracy.
Yep, there's a lot of anticipation going on right now.
It is BECAUSE this is a junior exploration company that every last dollar has to be wisely spent, when I see that out of initial financing, less than a third was spent on drilling, that should raise eyebrows. Now we have drilling results we should've had about a half a year ago, and now a year going on the promised BVIG shares that we still don't have and haven't been updated on in quite some time. Yea, I would say there have been a few misteps, and shareholders have paid for them, and will pay for them again in another round of dilution for more financing.
.03 to .05 would require some pretty stout earnings, but crazier things have happened. I like the direction this company and this chart is looking. Just waiting for things to come to fruition.
It's much easier to throw around conspiracy theories blaming everything but the company than it is to bite the bullet and admit that MAYBE from a business standpoint Ken has a lot to learn, and it shows.
Volume has been low everywhere the past couple days, not just KATX.
Some T/A's don't quote pinks.
Yep, this stock, like all pinkies, will stink or swim. AWYI has some things going for it that you don't normally get out of a typical pinky. Nothing is gauranteed, but I like where this is heading. I'm a chart guy, and the chart can often reflect the fundamentals, and all I see is loading for the last six months or so.
It sounds like a contract with the DoD was almost imminent, once we start seeing the numbers this thing is going to take off.
Read the filings, look at the A/S increase, look at the lack of anything going on right now, look at KATX's own admittance to currently seeking financing. Some of these things could be considered clues.
Extremely low volume on just about everything today, wonder what's up. Maybe I should turn on the news lol.
I wasn't aware that majors are interested in properties showing sub-economic copper, the grades and intersections not even worth mentioning in a PR, and non-economical intersections of light rare earth elements. I bet they're beating down the doors as we speak.
Agreed 100%, all I know is I see loading upon loading upon loading going on here. Just patiently waiting.
I give buyins.net the same amount of credibility as any other penny pumper site, because that's what it is. They promote "short squeezes", as if they actually occur. There hasn't been a lack of shares or opportunity for any short position to be covered here. I'd be more worried about the terms of any possible private placement if I were you, because THATS what is going to make or break this stock in the short term.
Sorry, I invest in probabilities, not pie in the sky dreams of grandeur. Good luck with those naked shorts, buyouts, air shares etc, etc.....
I think we start moving up in the next couple days.
If you honestly believe that financiers are going to finance shares at market value that's your prerogative. I'm speaking in probabilities, in that they probably won't.
I'm talking about financing as matter of fact, not in a negative light, equity financing....it is what it is. The positive is you have drilling, the negative is the share structure increases and per share value decreases if nothing minable is found. We know the share structure increased by 280M shares, if these shares are used in any type of private financing, they're probably going to start hitting the float in 6 months, and financiers aren't going to finance any exploration play at the current PPS, they're there to make money, and they do it by financing at a largely discounted share value.
The recent low was only half a penny off, what if they can't do a private placement and dilute with the 280 million they just increased their A/S by, what if shares are financed at .005 or lower in a private placement? Then maybe? From a fundamental standpoint KATX is in no man's land right now, so I wouldn't put anything out of the question.
You may laugh, but if six months ago you said that this stock would go as low as .01 people would've laughed at you also.
Either way, I think we see a big move coming in the next couple weeks. GLTU.
Absolutely, common sense would've told most investors that when a pink sheet is approaching a market cap of $150 million, it's probably time to cash in, but many here were convinced by "longs" to hold and even "average down" while the PPS plummeted to where it is today, even as these "longs" admitted they had sold or taken profits. Everyone is responsible for their own trading, but I would just like to prevent those misleading statements from creating a new round of bagholders.
Those types of statements are part of the reason that people lost a ton of money on this stock, unrealistic expectations.
Every JV Vale enters into doesn't come to fruition. Because Vale (Inco) developed Voisey Bay does not mean they have the Midas touch with every property they do a JV with and that their luck at Voisey Bay will somehow translate into luck KATX.
Once again, these comparisons to what happened at Voisey Bay has absolutely nothing to do with KATX, it didn't the first time it was brought up, and it still doesn't now that it's been brought up the 100th time.
Good luck man, although I think we might see a retrace from this week's action.
Yep, load 'em up boys. We have more room to run this time around.
I think if they announce financing you will see a short term pop in PPS, but they need to disclose the particulars in the deal this time.