"the results of the ongoing work have strengthened our feelings to a much higher level of excitement and anticipation."
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me too! i did not sell a single share....i'll be right here with you...i just wish i had more money to buy!
You'll see, this thing will bounce back up!
i'm thinking of selling my other holdings to buy more!
"be bullish when others are fearful!"
I agree with you...I don't know why the PR was written like this, compared other mining company's pr...
....However, imo, THIS IS GREAT BUYING OPPs....
...STILL LONG and Strong...
GUMP
It appears like Gump was right....for now..
... no news...means bad news...
however, there is still hope... it will be great to pick up some cheap shares at these low levels...
... for the record...still got all my shares...i'm in for the long haul (just like a bad marriage...hopefull, it will turn good)...will buy some more...just want to see where this free fall settles...
fyi..Richard Galterio, vice president of CDII on Youtube talking about Chinese growth...
28:20 - forward the call to the 28:20 mark that's where Abraham asked his question about Katx.
I listened to the whole thing, and they did not want to get into the specifics other companies. The impression that I got, like abraham said, the spokesperson (forgot his name) appears to be familiar with the name "Katx Exploration" - he was not unsurprised by the mentioned of the company. This says to me that at the very least CDII have had communications with Katx managements!
I'm feeling more confident that something is happening behind closed doors that we are not aware of - YET!
Thanks Abe for asking the questions!
(now if we can only get Katx management to hold a conference call like that...wishful thinking, i guess).
anyone has the link to the webcast?
tia
I have a feeling, it may go sub $2.0 again! *sigh!*
The Steet Article - Will it affect LPH?
interesting article and video from the street:
http://www.thestreet.com/story/10952277/1/sec-probes-china-stock-fraud-network.html
interesting article and video from the street:
http://www.thestreet.com/story/10952277/1/sec-probes-china-stock-fraud-network.html
though i would like to see news tomorrow, but
imo, we won't see news until after the new year due to ppl being on holiday, etc.
At this time: Silence is good!
imo, big deal is happening behind closed door.
What does China Direct Industries have to do with Katx?
tx
Merry Christmas everyone!
Do you think we'll get news next week? IMO, I don't think we'll get news next week since it is the week before Christmas and many ppl will be off etc...
If I had to guess, I think news won't come until January or later. So, I'm not expecting anything...just silence like the last we months...
JMO..
Thanks! That's great...we're no. 45 three before Vale :) (coincidence) ... i'm surprised to see so many companies exploring in nfld&lbrdr....
Since the "he" refers to me, I will respond.
Thank you for letting me know the fact about it not need to filed, but it has to be compliant.
Whether to "file" or not to "file", my position is the delay in releasing the results is a good sign that it may be a good result (read my earlier posts for reason).
In this case, silence is good.
jmo...
The Longer the Wait
Yes, I agree! The longer the wait, the better the sign! If the results are bad why would Katx keep them to itself?? Release them right away and end our miseries. It does not make sense that Katx should delay the revealing of bad results.
However, only one conclusion can come from this delay, that does make sense, is the results are good. And the delay is due to either filing N43-101 or a "back room" deal with a senior mining company, or both.
in this case: silence is good
...jmo...and what makes logical sense to me!
The Longer We Wait IMO, the longer we wait the better. Logic says, if they are bad results, then KATX would have released them by now - no reason to hold on to them.
However, if they are good results, Katx may do many things with them. Katx may be working on a "back-room" deal with a senior company or it may be preparing an N43-101(sp??), hence, longer time needed. Hence the delay in releasing the results.
In conclusion, Ken, take as long as you need to do things right - into the new year if you have to!
The longer the wait, the better, like a fine wine!
KATX is not on the top 15 active forum...interesting...
I suspect good news will come in the beginning of the week or in the middle, usually, not at the end of the week. I will look forward to next week for news...
Christmas Gift from Katx?? It appears as though results may not be released before Christmas and share distribution won't happen until after the new year.
O' well, new year's gift then!
Liberty will be even more happy by the time it is eligible to sell...it is because of the its deal that the PPS is rising.... I'm glad that the recent deal with Liberty did not undercut us much....I'm looking forward to the coming week - see how far we can rise before it levels off and starts to trade sideways again...think we'll hit $ before it levels off?
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Earnestly SEEK how be saved from hell - for nothing else really matters.
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sorry... the evidence do not look good...it appears like the accusations are true...
I just watched...the video is very convincing...i think CEU may go down the same road as Rino...
yes, I am in agreement with you.
You know, it would be nice if Katx had a call conference with share-holders like some of the big companies do. The call conference would allow us to ask questions such as these... and others.
thanks for the link! - very useful!
Yes, I knew about the share structure and its plan to move from Katx to KatC, however, just like the HC property which has become KatG, I was wondering if Katx has found a shell company so it can move out of the Pinkies. As you mentioned, they have not yet found a shell company - thanks.
Being in pink-land sucks as, I believe and have no proof, that manipulations of the pps are more likely in pinkies than in the otc or venture...just my observation.
When the company does move into otc and become KatC, will it retire shares? It would be nice...its 400+ M o/s does not look too attractive. I would prefer it that when it becomes otc katC, it's o/s be around 100 M o/s or below. Just a nice wishful thinking - then again, who am i but a powerless retail investor!
has the company filed to become "non-pinkie"? it sucks that they are pinkie...i wish they were at least otc or venture...
Thanks for this!
I wonder who the "prospective investors" might be? Tech com?
I think when they finaly have a deal with the prospective investor, there will be dilutions. by how? who knows?
thanks for pointing it out.
Since none of the HC shares is registered with SEC, thus, the company has to register them. And because the shares are not registered with SEC, is this the reason we have not yet received our share distribution?
What's the amendment about that we did not already know?
tia
yep. "a/t" is my short form for authorized shares...
"At that time the authorized was just 70m shares for BVIG and therefore had to wait until we received approval for the increased authorized to take effect in order for BVIG to issue the remaining 96m to KATX."
from the recent 10Q, KATG now has a/t 500 M sh
BIG JUMP Today! what's the reason?
Happy Thanksgiving to our American Neighbor!
I think there might be another run coming, around the corner!
At last count, this company has about 5 JVs
Some Highlights from the 10Q
Under the terms of the agreement governing the Acquisition, the Company issued 65,000,000 shares of its common stock to KATX on September 4, 2010, and the remaining 96,000,000 shares of its common stock were issued to KATX on September 14, 2010.
The shares were valued at $0.70 per share, the closing stock price on the date of the closing, resulting in recorded goodwill of $112,700,000. The Company’s management, upon review, determined that such amount might not be fully recoverable due to future cash flows being an uncertainty and an adjustment to write down the property was recorded.
Common stock, $.001 par value, 500,000,000 and 70,000 shares authorized, 163,644,500 and 2,645,000 shares issued and outstanding at September 30, 2010 and December 31, 2009, respectively
The Company has no material income and/or assets other than Handcamp and has cumulative losses from its inception through September 30, 2010 of approximately $113,000,000.
The Company estimates that it will require an additional $1,000,000 to fund exploration work on the Handcamp property as well as for working capital. The Company is in discussions with prospective investors to provide such funding and anticipates that the receipt of such funds would enable it to satisfy its cash requirements for a period of six (6) months.
Drilling and excavation
$131,554
IMO...Great company with lots of cash!
Has 18 properties claimed and currently drilling PROMOTORIO!
I'm hoping for a "copper"-coloured rabbit hopping out of the hat :)
What will happen if the company does not meet the "grace" period deadline of 5 days?