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I wasn't expecting a dividend this soon
Bvig is illiquid. So why even try to say the par value is the value. Cognitive dissonance. Just as you said. Well see what happens next
alan was accurate at that time, now the value is .069 x the total number of shares. It changes everyday as shares are bought and sold. Using the par value to place a value on the company is misleading. That's all.
cognitive dissonance indeed....all stocks have a par value of .001. It doesn't mean anything to the current pps or to the perceived or real value of the company. To claim otherwise is misleading.
Nice try though.
I've been here all along...added more when it got to .003 and lowered my pps. I'm not a big poster but read most of the posts. A good week since there's now lots of green in my account.
http://www.kingmandailyminer.com/main.asp?Search=1&ArticleID=51086&SectionID=1&SubSectionID=798&S=1
Here's the article . Posting from phone. Sorry about the link.
this one dilutes alot! lol.
I too am thrilled with the S-1. I bought alot of shares too, but not as many as you. We'll see what happens when the SEC responds but IMO, I don't think there will be any problems.
Nice call on the divi's!
Nice DD Shorton!
No Shares for Trapper Jim!
In the S-1, they state they hope to have the Commission declare it effective by October 31, 2012. But it can be done in quicker (2-3 months) as Silvergun stated.
Some posters can't seem to grasp that any claims made by BVIG are important to KATX. The share structure has been explained numerous times. KATX currently controls almost 300 million shares of BVIG. That's approximately 60% of the AS. Therefore, any information or speculation about the HC, Lucky, RR or any other property can be posted on either board.
whoops it's back up...someones playing around with the ibox....does anyone know who it is? There's a ton of good DD in there, don't delete it.
Someone's jumped on it.....new ibox coming soon. Hopefully they will keep lots of the good DD that was in there....
I believe that moderators are responsible for the ibox, ...isn't that part of the job description.....take all the maps from shorton, the links from tink, grap some photos from the web site...there you go.
You could even make the stickies have the links to the properties from the newfi site.
Heck, you can even post some info from the filings.
you need to keep the properties that BVIG own too, since KATX currently controls around 300 million shares of BVIG.
Go for it!
Maybe we can get it posted in the ibox with 60 pt font. "KATX Reclaims Shaylee" lol
Information about the new Katx claims:
The Shaylee copper mineralization is in a rock cut on the Bunyon's Cove road. The mineralization is approx 75m wide and continues to the shoreline approximately 1km and consists of stringers of native copper, Chalcocite and Malachite staining. Continuing along the road approximately 200m, there is another copper zone containing Chalcocite and Malachite. This showing is approximately 50m wide
Thanks for the quick update. You have the best maps!
Tink, is the new KATX claim the old Shaylee?
If your a serious investor, avoid at all cost , flip at your own risk .
Listen to those who know this boca group for what it is...dilution central
Scott
Might go below a penny next week.
Wow, that's a decrease of 274 million shares. That doesn't seem like dilution to me! That's about a 35-40% reduction.
this will be their third name in a year. Infospi-Onteco-?????
I suggest Dillution... anyone else have other suggestions?
Time is on our side..yes it is
One small step for KATX... The longs haveseen the DD. Many good days ahead.
Glad I got out when I did. When Dror took over the price was sub pennies and I was a big bagholder with only 100 million share AS. When He pumped it up to .03-.04, I got most of mine out....Smartest move I made. bought other stocks and got most of my investment back.
The share structure was up to 783 million before it was R/S. Talk about dilution...thanks to Ernie for that advanced information, which is the exact oppisite of what ONTC was saying to me in emails about Ernie....lol.
I'd be wary about buying here...
scott
thanks for your DD.
Scott
I like that map!
That's right. Those who are critical and owned bvig shares will sell them as soon as they are issued. Ken will wait a bit and then unleash the PR barrage and that will be the end of them. Holding tight my shares merry Christmas!
KATX is not a shell yet. Lol. 200k invested in a shell. You have got to be kidding me. KAtX still has properties and holds almost 60 % of bvig shares. We still dont know how they will be distributed. I believe there Is still lot to be untold. The properties are uplisted, what happens next with Katx is still to be determined. We shall know all soon.
Doesn't KATX still own Cabot and twilight bigowl? What are your thoughts on this matter?
Did you read the PR! That was a forward looking statement. Which means you might not get anything at all! That would be terrible for anyone who didn't hold onto their shares. I hope that doesn't happen to you. I don't expect that to happen , but hey, you never know.
Welcome to the board. Go Ken and tim
I read someone on the board said it was a 50/50 chance of a JV forming. Do you remember who that was?
I think the odds are 95/5 of the jv, how about you?
I've been accumulating. ...anyone else?
Bvig Is well positioned for future growth. Ken will give us the details when he's ready
Go bvig/katx
Exactly! Bvig is where the current focus. We'll get back to Katx when we get the Cabot update
Gump, I read your disclaimer thanks for that. Have you had any experience with an IOCG property.
It's all coming gump. News and shares. Just wait a bit. Don'tbe so impatient.
Did you read the filing? RR is an iocg property. They have had the results for awhile and that's what the filing states. The REE's are a bonus. Get ready to rock n roll. Ken's setting everything up!