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Agreed to Disagree then, Here is the PR
Assuming Financers would pay such a premium,
well believe as you will
KAT Exploration has secured funding for up to $5 million. The funding contract guarantees $1 million over the next 6 months and the remaining $4 million to be delivered upon agreements within the contract being achieved over the course of the following 6 months of no specific date. The funding is to provide operational support for Kat for at least the next 5 years. The funding was secured with 50,000,000 restricted shares.
Kat Exploration has retired its previously executed REG-D 504. There are no REG-D 504 offerings, warrants or options in place to date.
Its a cryptic Katx PR
Let all make up their own minds
Stock was trading .05 or lower
somebody may cross reference the dates
http://ih.advfn.com/q.php?pid=nmona&article=41128631
Sorry Dag must Disagree there
I fully disagree the MMs have anything to do with it
To qoute .10 for financers is very unrealistic IMO
You would have to assume Financers gave 5mil cash for 50mil shares
When the stock was trading at .05 and below, maybe the 3s...huey
More realistic would be 1 mil cash for 50 mil shares
After that, the cryptic PR leaves us wondering
I do however AGREE that a single Good result at RR
could turn this a round in a hurry...
Also, Katx may not have been a PUMP and DUMP
but it Darn sure was a Promote and Dump
Sorry to Disagree
Agreed One, lets hope they find something :)
Agreed, a find now would be very helpful though.
As others have said, if nothing is found now
after drilling deep into the heart of the RR amonilies,
it will be hard to justify further exploration.
That does not mean it won't happen, as you said.
It will just take more time and money.
More like 12x14 with a small bath attached LOL
at least is not 4x8....
Keep up the good work, Vick
Katx ain't dead yet...RR has one Hole left..
Sorry if I posted back at you by mistake
Agreed and very Hopefully sir...
Some should not start a Fight with me after posting BS.
Unless you want to hear all I have to say all over again
Learned to Box right here with JB and sir Gump
I will challenge lies, and misreprsentations
Still no answers to the questions ask just today
GLTY
Hopefully RR results will be good and the company will begin to turn things around with the promises made.
And just what have those JVs done for Cornerstones PPS...
Not much if anything
RR, 0 for 1 BTW, I notice still no answers, eh
Yes indeed, the way things have been stretched out, Katx's past is now suspect to me, selling by financers still going on with no Idea of how many shares have hit the market. Past and current promotions. second hand properties yet to pan out.
Promises unkept in the past and currently more promises only
Yes I expect the worst
Shall I go On....I'm just getting warmed up
Thats is another misrepresentation of the posts I have made now isn't it...
I expect the worst and hope for the best
For now Katx has an awful lot to prove to me
Any filings yet to start uplisting...
And the questions I just ask about Cabot
RR results, what do we need
Float, any speculation there.
Again
Why can't the simple truth be enough
No answers to any of the questions I have raised
Just Hype
Yes Enough, Enough of misrepresentations, and what could be considered out right lies. Twisted words for what is an obvious agenda......And people make accussations against those who challenge such Hogwash...
Why can't the simple truth be good enough for Katx...
RR results are coming
Know what to expect?
Cabot does have possibilities, Know what they need to do there to become compliant...
Know how much drilling will need to be done for a FS.
Know how long it will take to accomplish these goals...
Any guesses on the cash needs for all this and does Katx Have it.
Just Say'n
BS, Dilution is on thing, The new Float will be quite another.
Kinda like a JV thats not there eh.
Good Deal, as it Should Be...To bad they did not give us a full share structure quote. The float is important..
But they are Listening....
No one is laughing Abe. Truth is those promises were made close to a year ago now. Also uplisting Here was promised also.
Why not let the Company Prove to Us what they are going to do.
Have Any Filings shown up yet?
Till then.....
RR results are due soon
Lets see how that turns out
Then maybe we can talk of the Moon
Agreed, To have incorrect info such as that posted on the web is not good. One would think the company would be more careful
But a New posibility has been brought to my attention which has to be considered. .
That 13 mil matches Katg very well
Either way, the company needs to Clarify this or Correct it...
IMO
It also raises the question of just what is the Float now with Katx
With all the selling (and HDSN back at it) the float has obviously grown
How much? We do not know. But that yahoo quote was quite staggering..
But thats yahoo, I do know from pure common sense that the 291
still quoted from otc, can no longer be correct..
Good Luck to You also Onemo...
I hope it does all work out.
For you, everyone and the company..
You are very correct saying it is all
an individual decision to make.
GL :)
A.............n.............d
Slow enough, LOL
Sorry I couldn't resist that.
Cabot could turn out well but that Is down the road..
Newfie says it will need some work to get into NI 43-101
compliance with some of its older data and all.
After that, grades, widths and all shall tell the tale.
Most people are concentrating on the company and RR
If RR hits it will be a big boost for the company
and its future capablities to work Cabot and more.
Simple Home. The company posted 13mil as the OS or float today on their website.
It is a misrepresentation to say the least.
An incompetent mistake if nothing else.
A couple posters said that they emailed the company for clarity
And ask them to correct the web page if incorrect
Hence
It Needs to be off tomarrow, they've been told about it
IMO of course
I will not speculate on there being any truth to it unless
some word comes from the company or a filing is noticed.
Till then, I will personally treat it as a mistake.
Vic, get real my optimistic friend, the cost would be astronomical. For an exploration company who already says they will need future financing to do what they do, Explore.
Not a very realistic option in my mind and almost all who have posted here and those peeps a watching....
Not trying to be mean,
But check out Newfie's post as an example
It is extemely doubtful that they are buying shares....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58666751
a serious player which it deserves.
Serious players don't put their self in the position to need an RS.
My goodness all the RS talk is just that, talk. But to think anyone would think that is a good thing..
Why is RS (Reverse Split) considered so bad. It means a company has squandred its shares
and is now so bloated its unattractive to Financers and Investors a like..
RS is just a way for a very bad company to reload and begin taking advantage once again.
Good companies never have any reason for such a thing
But yes, there are examples.
They are the exception, not the rule.
Now, how any competent company could accidentally post such a gross mistake about their Share Structure,
on their own website, is beyond me...
It Needs to be off tomarrow, they've been told about it.
I'll agree with that. Lets just hope its the 50mil shares and that is all.
A serious thought then...
Yahoo has 641mil with a 569mil float.. That could be all to close if financers paid 50 mil shares for every 1 mil in cash..
yahoo
http://finance.yahoo.com/q/ks?s=KATX.PK+Key+Statistics
Maybe they can get quotes from compuserve
Otc still has 641 and 291
http://www.otcmarkets.com/stock/KATX/company-info
Yahoo should be close after financing
yahoo 642 @ 569
otc 641 @ 291
Google 13mil.
website 13mil
Thats a big float, less than 80 mil of entire OS
HDSN was busy again to day.....
At todays prices they would actually be losing
They did sell mostly above .05 however
Speculation, sure, but has to be considered as a possibility
And what the float may now be
And do remember the 160 mil of the Steads, that would throw a curve to my numbers, as a matter of fact, now that I think of it
Man ol man, Who really knows I guess, sheess
No Arguments
Not even sure what those are any more, but no more conversations
Hdsn right back on @ .04
Come on Guys! If they can post that they could post the current share structure. SS is something Important to get right.
Maybe thats what they were trying to to do and screwed it up
It would be refreshing as HDSN is back in
Ya know with so many things up in the air, a website is not that hard to maintain...
Maybe thats what they are doing but
How much can be glossed without asking more Questions
Its not just one or two little things, its almost everything...
Hate to be negative again but
I'm leaning more to the Gal with the write ups.
HDSN just now moved off for a break, they will be back
It would also be very nice to know how many shares have in fact hit the Market, then they post a 13 mil OS
Some nice posting, thanks Rick, Bio, Grahamber and all.
Here are the 2 benchmarks given by our Geos, again, on RR
Although ask, Gump has given us no opinion of what to look for.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58441423
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58433674
Looks like Light and Heavy REEs, both are looking more for the heavy. Widths of intersections are always important in mining, 10 meters was given as a min.
Percentages of 1/4 to 1/2 being heavy.
Question to the talent (and I am sure its already been Posted)
What are the heavy REEs to look for
No way for me to become an over night Geo,
or understand all the formations and what they can do.
But reasonable discussion can educate,
and Geo's can give opinions as things are posted
and when results are given.
Also food for thought on business, If the company is going to Uplist Katx and are going to begin filings. Maybe its just that simple..
The 6mo coincedences Bio uncoverd may well have more to do with the share distribution and finacers. If Katx does hit minerals it would be nice if the financers were done. Noticed HDSN again yesterday but did not see the afternoon action. Do not need any hard selling into a positive PR and Hdsn did stay out of the action after the last PR till yesterday..Thats Good.
Again sorry about the arguement yesterday..Old News, however important.
Hmmm, Well maybe more should be said about the Company's Agenda
Could you explain it to me sir
What are Katx's future Plans?
Still no agenda Skyhawk. An argument yes..
I hope for the best and expect the worst overall with katx
But I will stand my ground when challenged, just as Balihi
Any particular topic you would like to raise.....
Good Points or Bad
A conversation with Balihi...
Although you are correct Jack
Point taken :)
Not really a laughing matter imo.
Its very serious when a company leaves so many important matters in an uncertain state.
A new IR can not make a new Business plan, tell us about financing. etc. .
They only help you communicate better....
Filings will help when they get to it
Yet, when one questions, attack, not answers
And I guess thats because there are only questions to often
And, things do tend to shift before the last is complete
Thats not a good pattern...Just Say'n
One thing we Can count on is the Drilling
Results are Results
I disagree with you on 5 out of 6
Share Structure...¸VERY CLEAR-FILING
Share Distribution...VERY CLEAR-FILING
Current Financing..... VERY CLEAR -PR AND FILING
Future Financing..Uncertain
Business Plan ...VERY CLEAR-FILING
Minerals...PARTLY KNOWN
Minerals, imo.. Tick Tock
I do not think any of those are clear at all
maybe that's why the argument, we disagree....
you should, everyone should.
A problem that grown with katx over the past months
Share Structure...Uncertain
Share Distribution...Uncertain
Current Financing..... Uncertain
Future Financing..Uncertain
Business Plan ...Uncertain
Minerals...Tick Tock
Sad to say the word shell game has been used before.
Further more, with that law firm, one would expect more
These are the things this company needs to address
Even a New IR firm has to know what is going on
People just think you are bad mouthing the company
when you point these things out. But it is bad.
And they do raise questions.
all present in Olympic Dam
Hmmm, Katx not the only one to compare,
gives some creedence to Katx's claim
to bad the first hole was a dud
atleast the 2nd shows something
And all exploration co. due use a big find to compare with
But its a positive
In a word "Uncertainty"
KATX shareholders are receivng shares
Someday, but will that make up for the PPS drop KATX experienced over the deal.
I maintain that the company did not have the results at HC to continue at that point.
I further believe that KATX needed RR drilling to maintain hopes for Katx..
Now the flow Chart is in Question by all except maybe you. Which adds uncertainty...
Uncertainty, Slow shares, slow results, selling and bad initail results from RR leave all in question about much
Friday,s PR was a needed update with little substance other than Promises
Following up aon that PR is Very Important
Results from RR, even more so in the short term. 0 for 1 so far
To me and Many, Katx has a lot to prove after their poor preformance over the Past months
We are all intitled to our Opinions aren't we....
The Company Owed Katx Shareholders something after the "sale" of HC into BVIG.....The HC deal Hurt Katx shareholders...If you were going to have 2 companies, you must take care of both. Now the Plan has changed, no one is quite sure how it will go. These are the things Katx must address to keep shareholder confidence.
Short term, RR results
Longer term, uplisting and Katx's other properties
Keep investors informed of company plans...
JMO
Yes, RR is up and most Important in the short Term, Imo and many others....Anything else will take time...
Thankyou Sir, That is what I thought, You're tops...
Call'em out Buddy,
"The truth will set you free ?"
Not bold face lies, that discredit all
I Thought Katx bought Cabot or is in the process of
Am I wrong Pro?