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.
Not a Snoop Fan, but a funny post,,,Gotta keep it lite some times....Keep up with Duelittle, Funny, most of the time.
Good Luck Man
A Good Read on MM's, Take it for what is worth to you...
Won't be around much, lots of work to do, as does Katx this spring and summer.
Good Luck to All
------------------------------------------------------------------
Posted by: CiscoTrader Date: Friday, January 01, 2010 12:39:12 PM
In reply to: None Post # of 218552
HERE IS A GOOD READ ON MM GAMES AND HOW IT WORKS
Posted by PIZZABUSTER1
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45034675
Explanation on How the Market or Market Makers really works
To lubricate their transactions, market makers need a supply, or inventory of the securities they support. This can either be real certificates, or via a process called 'stock lending' (don't worry about THAT one yet - it basically means they borrow stock or "pretend" they have it). Once you have an inventory of stock, and the concept of 'spread' (or 'edge'), a marvelous opportunity opens up. The average price at which a market maker accumulates a security and the average price at which he distributes it are going to be different. Add this to the fact that the market maker sets the price tick by tick, and boom! A license to print money. Observe closely, this is a good trick.
Let's play Chicken
I, as a market maker, decide (for no real reason, or perhaps because there has been some trivial news about them) that stock in ABC Corp is my plaything today. I don't have much of an inventory in that particular security, so what do I do? Mark up the price so external holders will sell me some? No. I mark the price DOWN. Oof. Some external parties see this as a buying opportunity, and as I am a market maker, I am obliged to sell them the security at the new, lower price, meaning I am even shorter on that security.
Sounds mad, doesn't it? But it doesn't matter, because I mark the price down again. And again. And I keep on doing it till I hit the stops of external parties who are long, but weak, or the limit orders of people who are short. As a market maker, I know where these stops and limits are. I own the book, after all.
Ordinary Joe Public mostly think the market follows the laws of supply and demand, follows trendlines or fibonaccis etc, which means they all tend to put their stops in similar places ('resistance' anyone? 'support'? That's right, it exists!). This is a game of chicken, really, and YOU will ALWAYS crack before ME (the market maker), because I can take the market to zero, or to the moon. You have to meet a margin call.
So now I am a market maker who has a LOT of supply of ABC Corp, which has fallen significantly in price. Looks like I'm holding a plum, doesn't it? What do I do next?
So what does a market maker do?
...That's right. I mark the price up. And I QUICKLY mark it up to the point at which the current price is ABOVE my average purchase price. So voila. I'm in profit. In a fairly big way. All I need to do now is unload this stock to you over a period of time at a price above my average, and I am rich. You, of course, sold it to me on the way down, and are regretting it because it is probably already way above where you exited (strange isn't it, how the market seems to 'hunt your stops', and then reverse?!) If I do this right (and it is an art form, for which successful brokers get paid multi-million dollar salaries), I create the illusion that the market is totally random, and is being driven by YOU, whereas I am simply a fee paid middleman, facilitating your activities. Even worse, I give you the vague impression that you are actually pretty good at it, and if you can only get your stops a little more accurate, you will stop losing money!
As I mark the price up, external parties start to worry they will miss out on this growth, and begin an ABC Corp buying frenzy, allowing me to unload. Everyone is happy. Most of the investing public are sitting on unrealized (imaginary) assets, while I am converting worthless shares into hard cash.
So, I have made a real, cash profit. You are sitting on an unrealized paper profit. We are all happy. Until I repeat the process and stop you out. Again. Are you getting the picture yet? In fact, once I have built a little momentum in a particular direction (long OR short) I can let you prolong it, settling simply for my spread profit. I know that eventually the run will peter out, and then I can force it the other way, easily dislodging those who took a position too near the end of that particular phase.
Let me paraphrase. When the market is zooming up madly, market makers are actually selling (usually stock they don't own!) in preparation for a subsequent managed fall, during which they can buy it back for less (i.e. make a profit). When it is crashing down, they are actually acquiring stock, in preparation for the process of selling it back to you at a higher price (i.e. make another profit).
Made my Share of over Trades this last year, lvs, uis to name two. Then would be afraid to chase,lol. Alot of the big investors in the market did the same. Learning fundamentals and to do and follow DD. All the chart stuff too.
But like you the DD creates a comfort level, A really good board here for info if you take a little time and its getting better all the time. A bit defensive for now, but that will smooth out. Good DD brings in smart investors.
Don't like the daily tick much either, don't get to follow much during the day, but do like the way we are holding, Traders don't trade in a stock they are scared of. Will be an exciting spring and summer I agree....
Welcome Again
Gotta go for the night
Good Luck to You
Welcome Mind, Been Doing Your Homework sounds like...eom
Good posts Palacian, all Debate Welcome and Allies..LOL
Sure right Er0ck No Worries Here, and A New Corporate Attorney on the board, I'm not worried about filings, contracts or property for that matter. Think they are building the right team as they go.
IMHO
Good Luck to ALL
Even the biggest companies don't pr documents like that...Family claims such as this are common and limited to 30, per person a year. The steads get 90, now you spend 900 as opposed to 5800. Jack Zwicker was brought in because he was a Business man, that is a good business decision. Before financing every penny counts for young exploration companies. He is also the IR guy now you may get in touch.
Claims and the price paid for them is relevant, Vale will spend a minimum of 400k to keep the claims around lucky per year....That is a lot of credibility to me.
And as far as claims go we seem to be doing plenty of that and may have used up the allotment of family for the year. We claimed alot of land and that means to me the company has confidence in the future and they moved fast to do it. And we claimed it right next to Vale, so we are starting to play with the big boys. Vale knows who Katx is.
Can understand the question, but this is how it would be answered at any company. No ill will here imo.
Good Luck to All
Little Angels are Good for That. LOL..eom
Pinks are Full of Predators. Probably The most Dangerous Environment you can Trade or Invest in.
Thanks for looking out for us Jim, I know your Intentions are Honorable.
Current Status as of now, but will keep an eye on that. Thanks Again.
last filed 12/31/09
Trade On
Sometimes you have to look back at philosophy to lead you to the answers you look for, Granddaughters are good for that.
Whats Earned, is Better than, Whats given.........
Hypothetically, If Ken and his Brother were Given the company by a retired dad or something, the incentive just ain't the same, the hunger maybe lacking, focus not as sharp, meddlesome maybe, always a soft landing. I think you know what I am saying, we see it all the time in American business. Now take Two Brothers, "Respected Local Prospectors", having the vision and using their experience to become successful. I think its pretty ballsy of them quite frankly and best yet, they are proving their way, which to me, is Earning. The vision to see it coming and the balls to commit to it......Thats Incentive that GIVEN just doesn't have. Call it a management thing.
Good Documentary
Good News, I almost had the nerve to call it but.. age.. test drills or full program, both.. we will see, Drilling is Good !
Alot of Good posts and posters out there.
Been comparing companies here is one I ran across searching around. Lots of comparisons to make out there while doing DD, this one shows we are under valued and structured for the future. gcn
Trade On
Good Luck to All
Being philosophical, Granddaughters...
Katx, looking Strong and on the Move....
Katx held strong around .02 and has done the same between .06 and .05 . This Time we are on the verge of A Drilling Announcement, More property expansion based on assay's at Handcamp (Doubled in size), A new (largest of all) property near Lucky and our friend and follower Vale, (last two are based on DD here on the board, yet to be pr'd btw) We Are talking to mining companies after Invitations to PDAC as of last week minimum. I see plenty of catalyst right there, not to mention we will be coming up on NI 43-101 results before you know it and we have the cash to do it..Assays to start at Twi-lite (which was just expanded), Lucky which speaks for its self thanks to Vale, Rusty Ridge.....All this in One of the Hottest Mineral areas in the World and it is becoming Highly Competitive up there...
Learning Exploration Companies has not been easy, but the more you understand about how they work the more one realizes Katx is rising well above the competition, It is positioning its self for the Future and, as a Kat should..moving quickly on its feet. All to many Exploration companies just stake land and don't get much past that, non-dilutive financing is big and we have that, If they do prove, they have to have enough minerals to justify a mill and mining expenses. Katx already has mining companies and a mill close at hand and it looks like enough zinc to cover mining costs alone (Yet to be determined but is good speculation based on assays). Gold, silver and copper would be pure profit and pretty attractive to a JV. Make no mistake, we do not need minerals out of the ground for the gains we are looking for.
Anything can happen from here in, and is going to, Imho, it is just a matter of time....JV's are signed in this arena to share Drilling costs all the time, Difference is we don't have to, if we don't want to, Katx can post NI 43-101 Certification on their Own. But for the Right Deal, that is just money saved for more claims, expansions and the ability to prove other properties. This Will be A Multiple JV Company imo, that has always been their objective... Take a look at numbers on that as you reserach successful exploration and mining companies.... This is not a flash in the Pan Company, these guys are in it for the long haul. Hamdcamp and Lucky, are just the first two up to bat, Twi-lite (another gold property) is up next and we just staked out the biggest of all. Remember,,,two respected prospectors are behind Katx..
No one can even hint of scam any longer, as long as they can read or follow links. We have fought off the Pink Stigma and that is why this board can be some what defensive at times. Too Much DD here now and we are starting to attract the attention of those waiting on it, hearing about it and can now see it. Gold, folks, attracts attention. This company will be out of all "The Boards" Hands soon and we will all be along for the ride. The company is Proving Itself and the Land in a manner that other exploration are very envious of and outside Investors will see. As I continue to compare Katx to other Companies we seem to be well on track and due for some anticipation based on All that has been going on recently and the future events to come.
Howard, disagree with you on Mining verses Exploration companies. We move on financing, drilling and NI 43-101, and JV news. Mining companies biggest on ore to the mill and profit. We both seem to agree that Katx is a Really good investment risk. Just a little patience is called for as you noted.
Most seem to agree on 95% of Katx's future, and, as all big egos do, we can argue over 5% semantics, reminds me of the drop zone in days past, but we always got past it and had some Big Fun. Thats about to happen here at Katx, unless you think making Big Money is not Fun..
Hey Bird, you know I love ya Man..Talked to your Doctor About about That Caps Thing and All... Says.. "The medication is working,,,, and that you should continue those coded messages to the Martians, keeps you Stable and we don't want you Upset, so you will Continue to Produce all That DD." He mentioned the movie "A Beautiful Mind" But you and Tee both can handle your selves. Bird is also an under rated Boxer. LOL.. Thanks for all you do along with..........just about everyone on this board.
Bet we see news tomarrow on expansion, at the least it will be very soon. Drilling Plan may come with it, never the less it is also very close.. JV announcements could be anytime but NI 43-101 is the one I count on. Anything can happen because of the options and name they are making for themselves....
This is Obviously an opinion but there are plenty of maps, claims, assays, posts, emails and info available right here plus Birds face book for reasearch, and don't forget to compare to other companies who have made it, plus more DD it seems every day.
C-YA, Comfortable in this Position
Good Luck to All
Beautiful, 6 lbs, 3oz Granddaughter now here, No name yet, (a girl has thrown us), but thanks for the congrats, looks like Katx will pay for her college, No worries Bio, Her father has a couple of guns and plans to be cleaning them when the boys come calling. She will have to be tough, older brother, two male cousins, an Uncle and a Grandfather close, but she will be safe and well spoiled.
Also a thanks to the fighters out there, Do, Du, Bd, Bi you know who you are and the couple of agendas now laid bare.....
And we will all owe Doubloon a debt soon, I believe he is the one who found this Gem.
Read the I-Box Above
WWW.katexploration.com look at properties
5840 ppb soil, 31.4 g/t in outcrop below
Assay as high as 158g/t Au, 94g/t Au, 82g/t Au. along with excellent Zn, CU, Ag numbers
2 to 3 g/t is the mining minimum.
Taking Lucky for Granted Now.....Multiple JV's is Katx's future. And I believe Katx is in as good a position as a resourse company can get. Lots of options, good properties and the money to move forward.. Plus the mining resources and companies close at hand.
Thanks for All you do Er0ck...
How True Jason.....
Good Luck to All
Baby Girl on Way this morning, Grandchild #4 and the first Girl in 4 generations. Man are we going to spoil Her !!!!!!!!!!!!
Momentum Trades, Next Page...eom
Listen to Howard, Read Bio, Some Good Posts on the board today.....
Thanks for the response Bio and all you do, information brings credibilty. I am learning tons from your posts. Archie is getting an education...Info is the Key for comfort and understanding what this company really is and the future it has.
Great posts Howards, Exactly where Katx is at this point, simply said. IMHO
NI 43-101, Field Work = JV SIGNING with leverage
Good Luck to All
FINRA, You are mistaken Anthony, Reports have nothing to do with short selling of a stock in anyway. Period.
FINRA reports the shares traded between MM's MM's MM's.
From another post to:
__________________________________________________________________
Posted by: B402 Date: Saturday, March 06, 2010 8:06:32 PM
In reply to: None Post # of 27893
Never! Get between a Bird and his Kat......... It is a world of acussations isn't......also
Tikkertje,
A last attempt to let you know that the numbers you are posting are not what you think. The Finra reports have nothing at all to do with, short selling, naked short selling or anything to do with Short Selling.......Its a daily report on the Market Makers and the shares They are Short in Delivering Between Each Other.
Check post #27288,..Another explanition of the same thing.
From the site you posted
-------------------------------------------------------
STOCK/VOLUME DATA FROM FINRA.ORG
"Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available"
--------------------------------------------------------
And Thanks SubCent
Wonder if That was part of the original expansion or a newer one based on the assay results ?
All GOOD
PDAC starts tomarrow and talks to Mining Companies.
Board is Quiet because of confidence...Love it
Last note...... Stocks with overhangs do not trade as katx has. Traders and chartist alike tell me that it would tank after a spike. As you can see in so many examples in the pinks, stocks with overhangs only trade sideways at the bottom.
Good Luck to All
__________________________________________________________________
Pinkshhets reports 10,000 short intrest
Wasn't going to post, out of town on another computer. Its a shame you were scared out of your position by false information Anthony and the 50 day, may or may not effect us, it depends on how many people believe it. Charts are very good tools, if you know how to read them, you will come out on top more often than not, but...Far from always, especially in the pinks.
See you beat me to it Jim, on the ball you are. Listen to Jim on this one guys, Facts is Facts........
No Jim, just a family business thing...Have Fun
I'll Post Anyway.......See Dag met the boys, we have one more poster who was going to make the trip
Good Luck to All
___________________________________________
Lots of Good happening, Good Week to..ALL..eom
Good Read......
Posted by: Rick-UK Date: Monday, March 01, 2010 10:26:31 AM
In reply to: Er0ck who wrote msg# 26134 Post # of 27524
KATX Summary of Current Opportunity
Below I have set out the major part of the findings from the DD I did to satisfy myself that KATX is a good investment. This DD was for my own use and I am simply offering here as a good starting point for others to do their own DD. It is definitely not investment advice, just my DD. Disclosure – I have bought and am holding shares in KATX.
Overview
KAT Exploration (KATX) is a Canadian mining exploration company on the brink of massive, MASSIVE success. KATX has filed no less than SIX claims, recently adding further substantial claims around two of its properties, attracted private investment of $5m ($1m now and $4m upon meeting investors’ criteria) and is (almost certainly) in partnership discussions with the world’s second largest mining company. They have also just released the full results from their Handcamp soil sample analysis which show very significant levels of gold as well as deposits of copper and zinc.
Here’s the exciting news – because they have not yet filed their NI 43-101s or announced the partnership, the current PPS DOES NOT REFLECT THE TRUE VALUE OF KATX and as such IMO KATX makes for a fantastic investment opportunity!
First I’ll summarise the two most important of KAT Exploration’s six claims and then I’ll review the company itself (thanks to Investor911 from $heff’s Station of Stocks and DD and KATX board moderator and to Er0ck, a KATX board assistant moderator and contributor, from both of whom I have plagiarised some of this content):
Claim 1: Handcamp
Handcamp is a very special and unique type of gold deposit known as a "Felsic" VMS deposit. World wide there is only something like 800 VMS deposits and only the best of these are "Felsic". According to the USGS, Handcamp is the highest grade VMS gold site in all of Newfoundland. Surface rock and soil samples show a level of gold FAR higher than any of the surrounding mining sites owned by other companies and to find these levels of gold in just the surface rocks implies FAR more gold in deeper deposits.
The full soil sample analyses results are now back from the independent lab and have been digitally plotted onto a map which can be seen here. These results are very exciting as they show up to 5.8g/t of gold as well as extensive deposits of zinc and copper.
KAT Exploration has recently added a further 5,311 acres to its Handcamp claim. A test drilling programme is currently being planned and details of this programme are expected to be released very shortly.
Claim 2: Lucky
Lucky is one of KAT’s copper claims and the reason why Lucky is so exciting is that on 23 November, KAT announced the results of initial sample and analyses for Lucky and by 11 December, VALE Inco, the world’s second largest mining company had staked claims all around it to an annual cost of $1m. Now why would a billion dollar company like VALE want to do that? :o) Are VALE and KAT in negotiations for a JV? KAT CEO Ken Stead says he “cannot answer that question”. A JV with a mining company like VALE is the Holy Grail for junior exploration companies like KAT. KAT is on the brink of an amazing partnership – but the news hasn’t been announced yet!
The Company
KAT Exploration is managed by brothers Ken and Tim Stead who have excellent tracks records and experience and between them own a controlling interest, making for a very safe and trustworthy investment. KATX is a fully reporting OTC with “Current” status on pinksheets.com.
• A/S = 730m with 500m maximum for common issuance (reduced recently from 3bn)
• O/S = 463m (no further dilution unless required for a JV with a mining company)
• There are 143m restricted shares
• Float = 320m (we can assume a lot of these are now in strong long hands)
• The company has zero debt
• The T/A is ungagged
Recent Events
• January 5th KAT meets pink sheets requirements and achieves “Current” status
• January 14th KAT massively reduced its A/S from 3bn to 1bn
• January 15th KAT secured $5m investment to fund operational support for the next 5 years
• January 19th KAT reduced its A/S from 1bn to 730m, appointed private independent consultants and announced its intention to dual list on an Asian exchange
• January 27th KAT discovers significant amounts more copper at its Lucky site
• February 1st KAT publishes “very exciting” gold results from initial sample analyses from Handcamp and promises completed sample analyses will be shown in full on the website in the near future. PR here
• February 8th KAT adds over 5,311 acres to its claim at Handcamp and 5,805 acres to its claim at Twi-Lite and states will be exhibiting at PDAC in March. PR here
• February 11th Ken Stead states in an email that he has “several mining companies” requesting to meet him at the PDAC conference in March. PR here
• March 1st KAT publishes the final test results for Handcamp and they are considerably better than expected, showing extensive deposits of gold, copper and zinc. PR here
Why might KATX PPS increase to around $2 to $5?
Junior exploration companies are worth pretty much nothing at all until they find file a claim, analyse what’s in the ground and file their NI 43-101 to prove it. Most exploration companies would be over the moon with just one good claim, but KAT has six! Not only that, but early sample analysis from Handcamp suggests KAT is sitting on an incredible amount of gold and recent activity around Lucky not only show the same thing for copper, but also hint strongly at a JV partnership with a world leading mining company VALE, who have staked massive claims around Lucky at a cost of roughly $1m in the first year. VALE would not be willing to spend this money if they weren’t seriously excited about Lucky, and Ken Stead “cannot comment” on whether he’s in discussions with them, and we all know what that means… KAT Exploration is therefore something out of the ordinary.
One year ago an exploration company called US Gold (UXG) were in a similar position to where KAT is now, with a similar share structure. They were trading at around 0.30 and were waiting on the results of test drilling so they could file their 43-101. Within weeks of filing their 43-101 the PPS went from 0.30 to $1.20 and a few months later hit $3.00. UXG’s best results were 2.9 g/t Au. By comparison, KAT’s initial sample analysis indicates 158g/t Au, 94g/t Au and 82g/t Au. Not only this, but as well as Handcamp, KAT has Lucky and four other claims as well. If UXG can hit $3.50 there is absolutely no reason why KAT cannot hit $4 OR MORE if we get a DOUBLE announcement – a 43-101 for Handcamp and a JV with VALE for Lucky.
It's very common for these type of companies to go from a few cents to multiple dollars on great drill results alone. This is because the NI 43-101 basically confirms exactly how much gold is in the ground and how much it's worth. So there’s no need to actually be mining it to make this stock go up, once people know exactly what they are sitting on and what it's worth, this will shoot up accordingly to reflect that.
My short term target PPS is $2 and I believe we could hit that once we get the test results back. Longer term, this could easily be a $5 to $10 dollar stock. They have six properties, two of which look to have massive amounts of gold, three of which look to have massive amounts of copper and at least one appears to have massive amounts of silver. So when you factor in all of the properties and the potential JV with VALE, this company "could" be worth quite a bunch of money. I expect KATX to continue a slow and steady rise with spikes on good new until the test drill program is complete.
Call to Action
Look at the list of recent events and draw your own conclusions, but I believe KATX to be a once in a lifetime investment opportunity. This is a fully reporting OTC with an open, transparent, communicative CEO and fantastic announcements imminent. It’s all there in terms of the provable DD and to my mind it’s a complete no brainer once you’ve done the research. Here’s where to go:
• Post from Er0ck about KATX valuation and the Handcamp gold opportunity: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46213134
• Post from Investor 911 about the Lucky/VALE JV partnership: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46255277
• KAT exploration website: http://www.katexploration.com
• KATX iHub site: http://investorshub.advfn.com/boards/board.aspx?board_id=15632
• Pink Sheets listing: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=katx#getQuote
• VALE Inco website: http://www.inco.com/
• Marketwire for press releases and news: http://www.marketwire.com
Top Ten Key Points
1. Two properties (Handcamp and Twi-Lite) returning very high and widespread g/t for gold in initial sample analysis
2. Another property (Lucky) with VALE (2nd largest mining company) staking every piece of land around it that they can get
3. A further property (Rusty Ridge) described by an independent geologist as being like Olympic Dam – the world’s 4th largest copper mine.
4. Up to five years funding in place ($1m now, up to $5m if conditions are met)
5. A number of mining companies requesting to talk to KAT at the PDAC in Toronto from March 7-11
6. KATX is a pinksheet with a great share structure, an ungagged T/A, pinksheets "Current" status and a CEO who is open and honest with his shareholders
7. Forward looking anticipation test drilling programme for Handcamp gold, copper and zinc claim
8. Forward looking anticipation of JV announcement for Lucky copper and REE (rare earth elements) claim
9. Recent additional claims made that enlarges its prospecting (and ultimately revenue generating) opportunities
10. Ken Stead is a CEO with excellent standing within the Canadian mining community
Where you Been lol..Howard Would Disagree about Er0ck...And think you both made the very same point Which is good for us.
Transparency is important for credibility....an uplisting for Katx gets us out of the pinks and shows the investing world we are filing.
Filing is a form of transpareny and the tougher the filing the more transparent you really are, all the way to The New York Stock Exchange.
You sound well versed Howard and think you like what you see in Katx.
On a more personal note..I must say I think you have Er0ck wrong..After watching him for the past 3mo. He seems very Knowlegable, a bit cocky, but I have seen him back down unrealistic expectations, time and again but remind us of how Exploration (and Pharma) Companies can, do and will move upon competion of the required milestones.... Pumper....No, not imo
Me, now I'm more of a cheerleader, mostly my opinion to spout and learning how to complile and use DD, and a computer for that matter. I think we differ in only one view..
Excitement, you will see here too
Just an Opinion
Good Luck to ALL
Point taken, Gotta go anyway..Thanks All eom
Could be Jim you would know better. eom
Could be he knows the Guys, Just a guess, He knows alot of people to, these respected prospectors do.
Nice to Meet You....Eom
Katx only promised Drilling One Property. Not some or several, Seems They are able to keep their Word. Now they are going to Start Proving Twi-lite, Assay...To me Vale Proved Lucky..
Go Duelittle, Wish I had The Gift
GLTA
Good man Jim, Respect to you for that!
And would think Katx will do it the same way, they have been very smart with their money so far imo.
Read the post, saw no timelines. Just "Believe". No matter, have no reason to doubt the company at this point, They are proving their credibility and focus. Alot of options they have opened up. To live in fear of hypotheticals would not be a good investors route, imo. I could do that with Apple. Will stick to what they are doing, they have done and the stated plan for the future plus what I think is their ability to do it.
Followed pfap, now pap through the ranks to amex..it can be done.
Trade On
Thanks Midnight, more info.. Appreciate your posts and wisdom too.
Good Luck to All
Getting out of the Pinks is what most reffer to, And this will be just one of the few companies to do it. imo
Asia...Now that is just plain smart, imo, Asia is just the place to be as they threaten our number one position. Forward looking.
I believe The Status Is current, think it will stay that way, think the sun may not set today, doen't make it true.
Trade On
Transparency, just the icing on the cake. Deeds come first. And there have been plenty of posts. news and DD to prove it. Many are just getting tired of repeating it, over and over.
Unfortunately Ken and Katx Are Public and are open to any opinion some one wants to post. Glad to hear they have retained legal counsel to protect from those who would cross the line and profit from it.
Its up to us on how much credibility we give to those opinions. And to the time we give it. I am guilty of boxing, as I call it, but notice as the acussatons grow more desperate imo, and are more baseless, they a worth less of my time. DD is the best answer to all, not passion or emotion. (I am learning this personally)
Its about Gold and minerals, proving you have it and proving you are capable to deal wth it. Trust in the company is the icing for me but very important none the less.
Fighting pink stigma is part of the journey, and seperating yourself form so many other exploration companies a challenge. My thanks to vale for staking around lucky (claims are posted under 911's sticky on vale top page) to Katx for Proving up the company and land. This is what its all about. For those looking for a great pay off, I think its right here.
I talked to Ken early on in my dd and And emailed congrats at the proper times, Even got sideways with him over the share structure till I came to understand it and left emotions out of it. Now I leave him alone....And eventually he will have to leave us alone, wether that is sooner or later, will be up to us.
All trust ect. aside, this company is on the move, The dd is there to disprove the scam angle, Katx is doing and not talking or making excuses, and the future events are what propell pps in an exploration company to the heights investors and traders alike are looking for.
Look at he Knowns alone, look at the chart,
oops, looking at the board I see a hole has been left open, like the big boys here, gives credibility or they would not be here. To many other companies to look at if you don't like this one.imho. anyone can make acussations, what I look for is agenda.
Yes this is My Humble Opinion
Good Luck to All
Katx is all good, time for the grand kids
Special Properties ! These Guys are on the ball... If I have it right these are new claims based on the assay....Thats moving fast and smart..obviously, the way Vale is following them around lol.. Prospectors! Could be the next pr.
But seriously, That is smart business, shows they believe in their assay and are moving on it. I Like that, especially with the 2nd largest mining company on their heels...
All is good except for some of the whining, imo . but that is also part of a long play. This stock will have its momentum, but imo, those times will be short and strong. The big moves come with NI 43-101 or a JV. Till then I think we move up solidly on anticapition and as the company proves their self,.. as these new claims show (by the way)... I've always thought we will be trading in the .20s by the time the biggest announcements hit. Thats 200+ or 300% from now.....Test drilling results are only 3 maybe 4 mos away imo. We are starting to talk to mining companies, tonight or tomarrow at the latest thats why Katx is going to PDAC.
Strong Day fri, good vol, alot of buys and a mid day rise...traders closed out late for the week as they have done on the last couple of fridays imo. Word will get out and past these boards soon and I think its begining. There is alot people out there interested in gold...word will spread, DD is becoming more available out side our world and I think its going to be a fun ride...
Brought a Corporate Lawyer to the board, building a team and glad he is local by the way.. Trust thing. ( we have a local millionair here who just bought the Greenbriar Hotel,(from under Marriot, after cxs raped it) buildng a casino, the PGA Tour is coming and they have sold 157 luxury lots since last summer) I believe in local and their intentions. Jim Justice, the man I am speaking of, also still coaches the High Schools Girls basketball team and lives in town.. I put K. Stead and his group in the same company.
Assay Results, Spring Drilling Schedule, Drilling Results
650k for test drills and 4mil more waiting
Starting Talks with mining Companies Right now.
Vale Staked all around Lucky Property
Expanded
Looks like Expanded More after assay
Starting to prove Twi-Lite Gold Property this spring
This and more,,, Thats why I think the board is Quiet,,alot of hard work done on this board the last 2 to 3 months, all the posters here are worn out, but confident imo...me too but I'm archie
Thanks..SubCent and Bird.. FTW, Fort Worth or.............. I spent alot of time in Arlington and Dallas
ALL IMHO
Good Luck to ALL
And Good Night..Wasn't going to post till I saw the bird fly. Hope you make that call relik
Tips of the Day
Never, get between a Bird and his Kat, and watchout for orbiting Baseballs, especially if they are getting bigger......and moving forward
no fun
Never! Get between a Bird and his Kat......... It is a world of acussations isn't......also
Tikkertje,
A last attempt to let you know that the numbers you are posting are not what you think. The Finra reports have nothing at all to do with, short selling, naked short selling or anything to do with Short Selling.......Its a daily report on the Market Makers and the shares They are Short in Delivering Between Each Other.
Check post #27288,..Another explanition of the same thing.
From the site you posted
-------------------------------------------------------
STOCK/VOLUME DATA FROM FINRA.ORG
"Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available"
--------------------------------------------------------
And Thanks SubCent
Wonder if That was part of the original expansion or a newer one based on the assay results ?
All GOOD
PDAC starts tomarrow and talks to Mining Companies.
Board is Quiet because of confidence...Love it
Last note...... Stocks with overhangs do not trade as katx has. Traders and chartist alike tell me that it would tank after a spike. As you can see in so many examples in the pinks, stocks with overhangs only trade sideways at the bottom.
Good Luck to All
Also Agree Penny, Good Weekend All...
Thanks Jim. Shorting, Here is The Post that can help the shorting issue. About the Finra Reports That are Mis-Quoted as shares shorted.
APosted by: Jim Bishop Date: Tuesday, February 23, 2010 9:00:12 AM
In reply to: Anthony1983 who wrote msg# 24796 Post # of 27287
In the simplest terms:
Posted by: overachiever Member Level Date: Friday, February 19, 2010 2:00:24 PM
In reply to: southernnoise who wrote msg# 296116 Post # of 296144
Unless you know what you are looking at, you shouldn't draw any false conclusions. Those are daily tracking numbers
Until a security is delivered, it is considered to be technically short.
If I sell some SPNG today, it will show up as a short sale on FINRA records until my MM meets the buying MM "at the window". This can take up to 10 days. All you are really looking at is the sell side volume minus any flips or buy side through the same dealer. For example. If I buy 10 shares and you sell 20 shares and we are both using NITE and this is the only volume they handled all day long, the system would show NITE is short 10 shares until they deliver your stock to the buyer. Understand?
Stock is never delivered the same day you sell it. That would not be possible.
-------------------------------------------------------------
Someone else posted pretty much the same earlier to day, this is a little easier reading.
MM's ...Cramer...pinks..."Market manipulation is rampent" Love the rules of cramer, as a fellow in the market so long and successfully. Guess we can believe him on this.
Just part of the world we invest in, much like alot of things you have to deal with here.
Have to disagree with you on the mm's Jim, But thanks for the words on shorting. Knew I heard it was "possible" sounds very improbable though.
Good wk
Hope this helps on the shorting issue
GLTA
Good points All Chloeb.. You will never Hear me blame shorts or anyone else, all part of the game....My Rule number 2.. Never fall in love with a stock...That is why I personally look at what the company is Doing..
I personally don't think your points apply here, that is why we trade the way we do and think the market is proving us for one.
Quality Progress...Assay results, verifiable lab, contracted sampling, Vale staking around Lucky. Verifiable claims.
Fluff prs..Till assay results you could say that if you wanted to, I looked at DD done here to keep me in the game. And the good chart to show a strong company.
Financing....Think it is obvious now that the first bench mark is test drills, think that is smart
I have made a few posts that hold my opinion of what I see here and why I am invested, Think they speak for themselves.
Bottom Line.. I think the company is proving themselevs and the land... Making the right moves and have done what they said they were going to do. This is just the tip of the iceberg... Positioning for the future to use the land they have
Look for Stuff not Fluff
Good Luck to you Sir
All JMHO
Nice post Howard, Good luck All Today..eom
Sometimes Inexperience Glares, Baseball is getting bigger ! Eom
Thank you Jim, Seems the E-traders are picking it up. Nite is considered our ax.
Pinks can be shorted as I understand it if you know how, but those numbers just posted are not what they seem I do believe. Jim Bishop Gave a great Explanation of that just a week ago. May search it on the board here,
Hope we do get more volume today, We start Talks with Mining companies this weekend.
Katx has positioned its self very well imo. Have created many options and that is a huge plus in this business. I am holding strong and see nothing but Good in our future.
Good Luck to All and Katx at PDAC, Great Gold Numbers (Birds felsic and vms dd is panning out, People have always know there was some thing about Handcamp even in the past, looks like it took a couple of local respected prospectors armed with the most up to date Technology on what to look for and why). Volcanic Land..
PDAC..Starts our Talks
Great Assay Numbers to take
Able to Test Drill and more
Vale all around Lucky
Twi-Lite to Start the proving Process
Looking good to me.
Good Day And Good Luck
Just an observation, but our friday trading pattern seems to be a normal day with the traders closing out from about 2:00 on and we loose just a bit.
Nice to me we have traders in the game, means we are in play and they want the spikes as well as anyone.
Its not what we want and know, its what the company does and others find out. A few have noticed that we are just about bought up around here and thats a good point to me. More will trickle in from the boards and good word is getting out for others to see...we are hoping for to much to fast, but if this company keeps on going it will all be here before you know it, Just like PDAC snuck up on us and is here. More and More People are going to notice this stock and we will move up. We were trading around ,05 now it around .06...
This is a Good Future here imo
Good night & Good Luck
Going to bed no lesson to night..
What Do you think of this. I had a better one that pointed out how MMs work and how it is the oppisite if what most would think. But here is what most think imo.
Posted by: Trader S77 Date: Tuesday, January 19, 2010 9:00:39 PM
In reply to: The_Free_Nebula who wrote msg# 12969 Post # of 27141
Not necessarily, the MM's mainly NITE are big volume players in the penny and sub penny stocks. NITE can and at times has controlled a stock in various occasions, moving PPS in a controlled fashion higher and lower.
"IF" NITE is able to hold a rather large position in KATX or any other stock (which NITE does on a consistent basis) than even if volume and buys on the ASK pour in, "IF" NITE wants to hold the run, NITE will not U/T on the ASK and keep the ASK at the same PPS, as the buying pressure dies down and sells come through, NITE can drop the BID and lower the ASK.
Since NITE is usually in full control of the majority of penny stocks, other MM's tend to follow NITE's lead. ETMM, DOMS and HDSN are other notable names, however NITE is by far the volume leader.
The MM's will also play off technicals in a given stock. If one looks at the 60 minute / 3 day chart for KATX, we will see that the MACD went bearish today as it crossed below its signal line, because of this PPS was not able to break any higher. The MM's of course see this, and will tend to play down the stock because of the bearish technical(s) and of course vice versa if the technicals showed a bullish signal.
So IMO, yes the MM's can and do change their minds dependent on various aspects of the stock in question, including charts and technicals.