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I have seen this description used in the Olympic Dam district documents.
http://econgeol.geoscienceworld.org/cgi/content/abstract/102/8/1415
But its seems to be bad when used in the RR assays..
I wish my mother did not drop me on my head as a child....then maybe I would under stand all of this
Geologic observations suggest two stages of hydrothermal activity at a number of presently subeconomic iron oxide copper-gold systems in the Olympic Dam district
Is it really that bad?? see link
http://econgeol.geoscienceworld.org/cgi/content/abstract/102/8/1415
For some reason HDSN is helping us out....LOL
Keeps dropping ask down when many many more would be willing to pay more this morning.
Pass the hot potato before price runs?
KATX NEWS Drills Rare Earth Elements
KAT Exploration Inc. Drills Rare Earth Elements (REE's) at Rusty Ridge
MOUNT PEARL, NL, Dec 23, 2010 (MARKETWIRE via COMTEX) -- KAT Exploration Inc.
(pinksheets:KATX) http://www.katexploration.com
KAT Exploration Inc. (pinksheets:KATX) is pleased to inform its shareholders and
the investment community that partial analytical results have been received from
two diamond drill holes completed at its 100% owned Rusty Ridge property.
Drilling tested two separate target areas: a deep coincident gravity and
magnetics anomaly in drill hole RR10-01 and Rare Earth Element (REE) plus gold
potential within altered peralkaline felsic volcanic rocks in RR10-02.
Hole RR10-02 intersected variably altered and mineralized peralkaline felsic
volcanic rocks throughout the upper 245 meters of the 344 meter long hole.
Initial ICP analytical results indicated elevated lanthanum and cerium through
several sections; these, along with other selected sections of the drill hole
were sent for a complete suite of rare earth and associated elements. Results
have been received for the upper section of the drill hole from 30 to 40.1m. The
analyses indicate a 7.5m interval from 30.0 to 37.5m having elevated rare earth
elements and zircon, returning a weighted average of 0.164% TREO (including
yttrium) consisting of 0.113% LREO and 0.051% HREO (including yttrium). The
results also returned 0.268% zirconium dioxide, 0.039% Nb2O5 (niobium oxide) and
0.022% rubidium. A table showing all analyses will be posted to our website in
the near future. Additional samples are being analyzed for the rare earth and
associated elements from other deeper sections of the hole and will be reported
when received.
Hole RR10-01, approximately 500 meters south of RR10-02, was drilled to a depth
of 719.3 meters to test a coincident gravity and magnetics anomaly. The hole
intersected mafic volcanic rocks, conglomerates and mafic intrusive rocks that
contain indications of sub-economic copper mineralization throughout most of the
drill hole (including native copper and chalcopyrite). The conglomerate unit is
also strongly hematite altered, which could explain the gravity anomaly. The
upper part of the magnetics geophysical anomaly is coincident with a thick
magnetic mafic dyke.
Ken Stead, President/CEO, states: "We are very encouraged by the presence of rare
earth element rich rocks at Rusty Ridge and are eagerly awaiting the next batch
of assays to find out just how consistent REE are at depth and if the grades
improve. While there is much work yet to be carried out to determine the
significance of this discovery, we feel we are in the very early stages of a most
interesting project."
The property will be re-examined in light of potential for additional rare earth
element mineralization. Further testing of the main Rusty Ridge zone as well as
other targets including strong IP (Induced Polarization) anomalies, some of which
are coincident with gravity anomalies, will be considered.
The property is located near roads, seaports and power infrastructure, improving
the economics of any mineral deposits found.
Rare earth elements reported were analyzed by Acme Labs in Vancouver using their
Group 4B analytical method, which produces accurate analyses of the rare earth
and associated elements.
The Company's exploration work on the Rusty Ridge Project is supervised by Barry
A. Sparkes, B.Sc. (Hons.), P.Geo. and J. Wayne Pickett, M.Sc. P.Geo., both
members in good standing of the Professional Engineers and Geoscientists of
Newfoundland and Labrador. Mr. Sparkes and Mr. Pickett have verified that the
results presented above have been accurately summarized from the official assay
certificates provided to the Company.
This press release contains forward-looking information within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and is subject to the Safe Harbor created by those sections.
This material contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual results, performance
or achievements of Kat Exploration Inc. to be materially different from the
statements made herein.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1463331
(http://www2.marketwire.com/mw/frame%5fmw?attachid=1463331)
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1463334
(http://www2.marketwire.com/mw/frame%5fmw?attachid=1463334)
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1463404
(http://www2.marketwire.com/mw/frame%5fmw?attachid=1463404)
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1463344
(http://www2.marketwire.com/mw/frame%5fmw?attachid=1463344)
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1463347
(http://www2.marketwire.com/mw/frame%5fmw?attachid=1463347)
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1463351
(http://www2.marketwire.com/mw/frame%5fmw?attachid=1463351)
Jack Zwicker
Kat Exploration Inc.
Investor Relations
Ph 902-497-3188
jzwicker@katexploration.com
http://www.katexploration.com
SOURCE: KAT Exploration Inc.
mailto:jzwicker@katexploration.com
http://www.katexploration.com/
Copyright 2010 Marketwire, Inc., All rights reserved.
20101222|KATX|1571778|3683976|O
RR must be a dud....LOL
Kat exploration just about doubled the size of the claim area around RR today. Cant wait to hear all the reasons why this is a bad thing..
Date|Symbol|ShortVolume|TotalVolume|Market
-----------------------------------------
20101201|KATX|1351471|3281597|O
20101202|KATX|464899|1354334|O
20101203|KATX|501519|1206408|O
20101206|KATX|1361302|2124090|O
20101207|KATX|1515781|3003453|O
20101208|KATX|2312086|6167638|O
20101209|KATX|782888|1238941|O
20101210|KATX|2035069|3879614|O
20101213|KATX|1232107|1685711|O
20101214|KATX|1298869|2129803|O
20101215|KATX|487460|1239875|O
20101216|KATX|407018|910799|O
20101217|KATX|613211|1547176|O
20101220|KATX|2548049|3736059|O
20101221|KATX|1612372|2760617|O
I am really bad at math but it looks like yesterday was %58 short volume.
Maybe this is why Kat Exploration has been so quiet lately???
Those with naked short interest would have a hey day with PR if it were not solid and big.
But if PR is solid and good then Boom, smack....catch them with their pants down (no pun intended)
It would be interesting for them to call a KATX share holders meeting and see how many share holders show up???
How is there a seller without a buyer?
ITS REVERSAL TIME....
Opportunity to get more shares at a lower pps. :)
I like to think of it as transferred, or just invested.
there have been 685,173 shares dumped at .08 today
Just curious if any one slapped the ask and got filled at bid this last hour?
PLEASE DO NOT DELETE THIS POST....IT IS VALID.
There is something odd happening here with KATX and I would like to know a few of these answers myself...
Apparently everything referring to this event on the FB page just got removed......Hmmmmm somethings up.
Either its good or someone is getting in trouble....
Strange, HDSN sold (3) 30k blocks @ .069 then dropped to .067
Now (2) 30k blocks @ .067
So the glass could be half full???
There always seems to be two sides to this forum.
Why is ASEL LEAVING supposed to be a good sign (Tradition Asiel Securities Inc.)?
Talk about entertaining.....Just watch the L2 in the last 10 minutes of almost every day for the past few weeks.
Pull the rug out from under, then help the poor chump back up.
Shows increased volume and a increased or held pps.
Thanks dayadoger. That worked.
Sorry dont have private messaging.
Watching the L2 I noticed the last few buys went through above ARCA ask of .0689? Why???
.072 .073 .074 all above the ARCA ask of .0689??
Is the market trying to keep ARCA from shorting?
Does anyone here keep tabs on the KAT website?
I check it (and a few other OTC items) before logging on here every time, like turning the knob before opening the door.
On a side note: Someone should recommend to the KAT team that a second individual should proof read the blog entry before publicly posting it.
Makes sense, Thanks for taking time to educate the greenie tonight.
Thanks daggfish, I have looked at that.
I guess I was hoping to find something to give me a clue what was going on in the present without waiting for the month to end.
So every day retail trades are in control of this pink sheet stock price? That would be nice. :)
Thank you, I dont seem to get very many replies on this board, I was beginning to think I was annoying.
Could you help me with one more thing regarding shortable stocks.
I have looked at this page a few times the past few weeks and the number was not too big to start but keeps getting smaller. (click on availability)
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=katx&cntry=usa&tag=United+States&ib_entity=llc&ln=
Mean anything?
Did I ask a stupid question eariler?
No one has responded to my posts about the shares available to short being so low?
Also I only see NITE having shares available? When I look up many other stocks I see multiple MMs with huge amounts of shares available? Why is KATX so low? Setting up for a squeeze?
I am beginning to think when I see NITE on the bid I should buy and hold? I also watched NITE bump up the price a few times today, why?
A little help from the pro's here? I am green and wet behind the ears when it comes to stock trading I am looking for a bone here guys (gals).
Maybe we need to be asking why the MMs are holding this stock price? either up or down?
I have to say without any PR this stock seems to be holding quite well. Maybe the MMs are helping the PPS for a reason?
STOP selling people, you are only helping shorts cover....
And some poor folks bought at .002 :)
What a poor investment this has been....
I think NITE is the only MM offering shares to short.
Last night they only showed 10,000 available to short, today it is at 6000 available.
The only question is how many is NITE holding over that they are planning to short.
Just Google "Shortable Stock availibility" for this info
Dont know, but I was able to PM once back also.
This has happened on a few other PM's that I got, Some I could answer some I cannot??? I am confused.....
GUMP, My apologies, you answered my question in your PM (even more than just what you composed). Unfortunately I can only receive PM but not answer back a second time. So I am not ignoring you, just cannot PM.
Still not sold on this forum enough to pay for a subscription yet.
L2 closed with a (2) 200 blocks at .078
I know some say MM signals are not real and some believe this. (I am on the fence, since I know nothing in this world of stock trading)
So if one were to have an opinion that this means something other than a coincidence what would that be and please post a link.
I was playing off of a GUMP typo a while back.
Would PM it but I am too cheap for that kind of fancy account.
I was joking, I hardly think we have anything to do with what is going on behind the wizards curtain....
Kidding right???? HDSN is only looking at the market as a MM. When you are covering shorts and play the market it does not matter if fort knox was transported to Rusty via a flux unicorn REE powered Tesla chariot. Thats a different game, we are playing foot ball in the middle of the MMs baseball diamond.
And please pay attention to ALL the information and try to keep up....The pope is a She not He....
HDSN just showed you, he must be listening (or shorting) .078
But what is up with the double 200 buys at the end.....
Is this good or bad?
Maybe we need to be a little nicer to the special needs kids.
HDSN just showed you, he must be listening (or shorting) .078
Maybe we need to be a little nicer to the special needs kids.
Rattle Rattle then Short Short Short......
Some one is going to make money, will it be the Sheeple or the MM's today?