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Sorry man, the disclaimer is up there, I came to it through different paths just to make sure, one was through a bio of Greg Parham. There are some screaming red flags here. If this was all dreamed up by bashers, it's pretty elaborate.
After seeing what's been going on with S*EI after their huge run this week. I'm once again thankful for being heavily invested here, with all the scams out there in pinkyland. Not saying the aforementioned mining stock is a scam, just being thankful that KATX is local boys and local properties. In the end the drills will have the final say, not pumpers, bashers, or paid newsletters.
You never know man, I thought it was safe to call a bottom at .08. You're still getting dips into low .06's, IMO that's still a good buy right there.
Hey man thanks, happy holidays to you too. I'd wish you luck on your trades too but you I know you don't need it, I on the other hand need a little help ;) I feel comfortable where I sit right now on this. Cheers to you and yours.
It was a nice thought that maybe good results at HC would positively affect KATX, but in the end it was just a nice thought. From where I sit right now the split into KATG has not been good, they could redeem themselves with a KATX R/M into KATG so there will be one company on the OTCBB at the very least. That's what I'm hoping for.
The only true effect HC had on KATX was the increase on Handcamp's potential, and the decrease when Handcamp was taken from KATX. The market showed that, however, the market had no way to react to HC phase one results, as KATG didn't, and still doesn't, have liquidity.
Really depends on the O/S when all that's settled.
Can you please elaborate on how the market reacted to Handcamp drilling, or how it was possible for it to even do so.
This is a company where management matters even if this is still a pink sheet. This is not some company based in Tampa who bought some mine in Kazakhstan that's supposed to have gold. This is a Newfie company consisting of Newfies who have been working Newfie ground for the past few decades. This exploration play has better odds of "making it" than pretty much any other out there, and I believe that's what will come out in the wash.
Yes, I'm sure they hired a law firm for any possible lawsuits they might see while looking into the future via crystal ball. You said it yourself, you're riding free. Just sell this stinker and move on then if this is going nowhere.
A lot of us have invested in the properties. Look at our properties, look at surrounding properties, look at the mining activity in the area. That's where my money is. I couldn't care less about flippers taking us up 20%, then down 20%, rinse and repeat. Take a look around and you'll agree that those who are realistic about lab turnaround times are hoping for results by Christmas. Today passes without results and you jokers are crying that the sky is falling.
That's a nice thought! I prefer to use the most logical approach when questioning this things, if KAT's attorney was present, it was probably for business, which means they probably had something on the table, for what property is anyone's guess.
That's what your board of directors is for. Having your attorney present is for making sure the agreed language is in place for any contracts. That being said, an average Wall St. firm is probably charging $300-500/hour for their time. So to pay to have your attorney fly up to the conference was for business, unless the attorney just likes hanging around with Ken and the boys.
If you've ever had to wait for a go ahead from a government entity, you'd know that it's not done on your timeline. When the shares hit the market they will probably end up being worth more, as opposed to having a bunch of restricted shares, with the need for unrestricted shares so the stock can trade.
I really like PCFG, I'm going to be taking a position there shortly, it's going to run. I also have this on watch too, just waiting for a bottom.
That all depends on how the drilling goes. If the drills hit there's no telling how high this will run over the course of a week, month, or year. Don't give up now, after a year of speculation we're more than likely a week or two away from ending all that speculation. I just hope that an uplisting soon follows if the drills hit.
That was a good trade, thought about a quick flip as I bought low .06's, but my personal belief in what might happen here kept me from pulling the trigger.
It'll be interesting to see if the aquisition of Barnes as CFO is a precursor to something else. He obviously has ties to China Direct Industries which ironically is known to acquire mineral companies. If you look at his portfolio it states he deals with mergers and aquisitions.
My point is if you are long and were looking to lock in profits, there were a ton of opportunities to do that. Trying to lock them in now was just bad trading.
Well, ultimately, everyone is a flipper on their own timeline. However if you bought in last year and have held this whole time and believe in the company and properties, now is not the time to sell.
IF we go lower, we could very well stay between .075 and .085 like we did for months. I think you probably saw the last of the flippers exit today (the ones who are doing it wrong). Tomorrow will probably be boring.
I can understand flipping for 20% gains, but I don't understand why you would dump into today's action, if you were looking to flip, two days ago was the day to get out, yesterday was late but volume was still there to do it. To dump at the bid with the way it was trading today didn't do anyone any good. I'll never understand it. Obviously I'm waaay long on this play, so short term PPS doesn't concern me all that much, but still, c'mon.
The trading from 1030 to 1130 dictated the day. I'll never understand some people's trading "techniques". I highly doubt that was a bunch of bid sitting, looked like someone decided to just dump.
Just flippers getting in and out in typical fashion. Buy buy buy, dump dump dump.
The property KATX has bought up is along what is speculated to be a large mineralization belt. Ken knows this area very well, which will be to our financial benefit. If RR comes up trumps, I think we have a good chance hitting it with our other properties also.
Yea that is a ton of cutting. I'm curious if they're expanding the same area as phase 1 or if they're exploring other parts of the property.
See! It just ran 2000% from .0001. You missed the run buddy!
I'm sure it will be, they're going to come out with that BP contract PR any day now. You don't want to miss the run.
Selling time for tax season write offs. It's the biggest return you're going to get back out of this scam.
But....but....Ares said......
That's it? I'm thinking the entire anomaly is a big gold nugget encrusted with diamonds. I hope I'm not shooting too high.
Does anyone remember the total depth that was drilled at the HC program?
If we use the HC timeline as reference, as you said we should definitely be in line for results by hopefully the second week of December. This would all depend of course how many cores are analyzed and if they were shipping them off to the lab in sections as they were coming out of the ground. GLTA.
It's important that the site has information on the company, it's not important to me that it looks good while doing it.
You have to remember this is still a small fry company and everyone there probably multi tasks. I could consider it possible that maybe Jack threw the link up there, Ken saw it and didn't like it. He seems to be a no frills type of guy, which is why I think the KAT website is lacking sometimes. Thankfully I didn't buy this stock for the website.
Is it really that big of a deal that a TA video was linked to the website? Somebody probably thought it was a good idea for IR purposes and then somebody decided they didn't want it. I don't see the conspiracy here.
Wow, much ado about nothing. A link was posted that gave a TA of the stock, which basically said if drill results are good the PPS will go up. That's groundbreaking stuff right there. If you guys visit any of the TA boards, these TA vids are done all the time.
I don't blame you, this came down as fast as it went up, and still falling. Shorting it on the way down and picking some up that low and going long to see what comes out of this could be a big payday.
No problem, whatever RR ends up being, it's large and dense. As long as it's something minable, we should be in good shape.
KATX chart is bullish. We had a couple indicator crossovers and the short term MA's are moving up , hopefully this will start attracting some TA players as well as more fundamental players as we count down to finding out the answer to the million (or billion) dollar question.