Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I've always chuckled at the few here talking about trying to get in at .015. According to them, KATX is a POS at .02x, but magically their opinion will change if it gets down to .015. Everything will be all good then I'm sure.
To clarify, when I said A/S, I meant the O/S as well. Compushare doesn't keep track of either.
You're not understanding me, Compushare doesn't keep track of day to day A/S changes with pink sheets, they reference the filings. When you used to call and get the day to day A/S, it was before they changed the TA to Compushare.
TA isn't gagged. Compushare just references the latest filings, when it comes to pink sheets it appears they don't keep up with the day to day A/S structures. This has been dicussed a few times now.
My thoughts exactly. One million block after the next for the last month, some pretty big accumulation going on. And with the way the trade is being set up it's with a minimal uptick in PPS.
They don't have any proven economic reserves YET, which is what I'm sure you meant to say. Still workin it hard for that .015 entry I see.
I'd have to agree with this judging by the price action before and after the block goes through, regardless of what the block gets officially marked as. Usually the block goes through at about the low of the day, which I don't think is a coincidence.
So I think it would be fair to assume that the results have been back for quite some time. It makes me wonder what else is going on behind the scenes. If it were just a matter of getting results back and getting them organized, be it good or bad results, I don't see why they wouldn't have been released. It makes me want to speculate that something else is going on.
Agreed, I believe some entity had a lot of cheap shares to sell, which is a big reason why we are at the current PPS. I believe it has to do with the financing, it's a speculation but we all know how these companies are financed.
You know full well that MMs can manipulate how orders are executed to create the illusion of buying or selling pressure.
Isn't it great to know that mineralization has been found within the first two holes? If this proves to be an IOCG deposit we are ahead of the game. I think the "good stuff" lies in the area surrounding the anomalies. We've just scratched the surface of the Rusty Ridge property.
The most likely possibilities would be either a JV or an outright sale of the property, we obviously already have a JV with Vale on the Lucky property, which is nothing to sneeze at. It really depends how much KATX wants to prove the property before signing on the dotted line. If they expand out from hole #2 and continue to find high mineralization, the better terms they'll be able to negotiate for a JV.
The "run for the hills" rhetoric of some on here has become quite humorous. Like you said, if the close is painted down by a small trade, it's the "market speaking", if it's a nice trade up, it's "just paint". You will never win. Just realize that EVERYONE is here because they have a vested interest in KATX, when money is on the line, there are no good Samaritans.
I agree, it was painted down in the last minute of trading, due to the ask being cut at the last second.
I have a hard time understanding why you want to relive the misery of investing in KATX every day here on the board. Are you a glutton for punishment? Put your investment out of its misery if things are really that bad. Everybody vents, but when it becomes an every day occurance you really need to cut ties with whatever is making you that miserable.
The only thing that matters is what's in the ground, no amount of bashing or pumping can change that. Certain posters are working overtime to get to that .015 entry. At this point this board is 90% noise and 10% fact.
I doubt very few are happy over what has happened over the last 6 months or so, I think it would be fair to say that I'm pissed, but you know what pisses me off even more, when every time I check on anything on this board there are the same 3-4 bashers spewing the same crap day after day after day. OK, WE GET IT, YOU THINK KATX IS A POS STOCK, SO SELL AND GET OUT! How hard is it? Just push the button already.
I think what you should do is keep talking trash about a company you're invested in, which is a sure fire way to expand your portfolio. You act like you have a gun to your head preventing you from "selling" (I'm assuming you actually have shares to sell).
Then what are you worried about? You're playing with house money, which is better off than most here, but yet you jump up and down like your house is on the line day after day repeating the same stuff over and over. Give it a rest.
You'd better sell then.
Ken isn't saying the stock is going to get to $100/share, he's saying if it did there would still be people complaining, judging by the postings on this board, I'd say he's probably right.
I'm not sure anyone has been able to get current share structure info from a TA since we've switched to Compushare. My point is this doesn't make a TA gagged.
I've heard it's only the case with penny stocks, due to the high volume of calls concerning share structure. If you've ever called a gagged TA they specifically say they cannot release current share structure info., Compushare just says "no changes". I personally just keep an eye on the A/S. If that changes, run for the hills.
You should also note that some T/As don't release share structure info. when it comes to penny stocks, they usually just say there's no changes they're aware of or refer you to the company. This is what Compushare is doing.
The last time I called the TA they told me the OS was 641 million I believe and that there was no change to the share structure that they were aware of. That was about a month ago. I also keep an eye on filings, A/S is still at 700M, while pinksheets can dilute up to the A/S, they have to file to increase the A/S, which everyone finds out about.
Some here have been working overtime to "save" others from an exploration play like KATX. I'm glad there are still "good" people out there "looking out" for others. KATX is proven to be a real company with real properties that have real mineralization, it's just a question if the deposits are economic. Some on here are creating as much noise as possible to cloud these facts.
Why do you care how KATX is traded throughout the day? Just looking for conversation?
Hopefully it's a good meeting.
After he hired an IR firm, he came over and made me a sandwich. To be honest Cheepo, I never bought into the hype of KS this, KS that, I just researched the properties and liked what I saw.
When the naysayers are challenged with providing an exploration play with better properties/potential/DD, the answer is always silence.
Man, did Ken slap your mother or piss in your Cheerios? I hate to see you so bitter towards this stock. The problem was Ken, Tim, and Jack were trying to do everything. Ever hear the saying it's better to be good at one thing than average at two? We have an IR firm now, that was a step in the right direction. It was KATX listening to the shareholders.
HDSN still supporting upward movement today on L2, god knows he owes it to us.
An "axe" can start a run out of thin air, then MOMO players jump in and you have yourself a nice little run. Not saying that's what's going on here, but considering the circumstances, it's possible.
While they have provided constant selling pressure for the last 6 months, so far it appears they are defending .02.
This is an easy chart play right now, most indicators were damn near bottoming out.
HDSN has spent much more time on the bid the closer we get to .02. It's been mentioned before as speculation, but .02 could be where our financing was at.
While I certainly can see IR willing to discuss KATX inquiries, being that's what they're there for, I cannot see them saying things like the distro isn't happening and the company being a mess right now. Whether those things are true or not is anybody's guess, but I can't see IR saying those things, as it would be counterproductive to their purpose.
The accusations made today were misguided at best, sinister at worst. Does it seem likely a law firm would discuss sensitive information regarding a client to a Joe Shmoe investor over the phone? Depends if the lawyer likes his job.
Speaking with a little knowledge on the subject matter, not only would that firm open themselves to litigation, they could also face reprocussions with their license itself. I can gaurantee you, no law firm I've ever dealt with would EVER discuss a client with anyone outside the firm without the client's permission. The consequence could be disbarment, if it is proven that client/attorney priveledge had been violated.
It was getting pretty thick today, some pretty wild claims were stated that we no longer had our Wall St. law firm, and someone from that firm divulged sensative information regarding KATX, such as the distro not happening, the company looking for new financing, basically saying the company was screwed up. This was quickly pointed out that it would be extremely unlikely that anyone from ANY law firm would make such statements. A whole bunch of FUD, IMO.
I'll probably be giving them a jingle myself. Just realize that for a firm to give out ANY information regarding a client, it's accompanied by a subpoena 99.99999% of the time. I would say 100% of the time, but I don't believe in absolutes.