Yes. I'm still here and still believe this company has amazing potential.

And the signals on barchart.com are all still 100% buy.

Thanks. I would love to talk to you privately about this but I don't have private messaging.

That would be a pps of about 3.00. Where do you see the price going if we get some substantial good news such as completed certifications or a successful implementation of the alternative pathogen sample preparation method that could provide a specimen test turnaround time of 4 to 5 hours?

I'm curious. What do you think the market cap should be on a stock like this considering the current share structure and development stage?

I hope you're right but what makes you think so?

Maybe someday, with the right political climate, the EPA may get defanged a bit. In the meantime they are a real threat to free market capitalism. I didn't post the article to dump on lbsr. I just thought people needed to be informed.

http://www.foxnews.com/politics/2014/02/28/epa-moves-against-major-alaska-gold-mine-could-sideline-project-over-salmon/

Nope.

Check this out.

http://www.foodqualitynews.com/Innovation/MIT-and-Purdue-partner-to-prove-laser-light-scattering-pathogen-detection-concept

I'm glad you agree. It's like a cashier mistakenly giving a customer change for a 20.00 when it should have been change for a dollar. When the customer discovers the mistake, If he's honest, he will return the extra change to the cashier. If he's not honest he will find all the reasons to believe it is technically not theft to keep more than the cashier intended to give him. He might even think this unexpected blessing is divine providence. After all It's not his fault the cashier was stupid or incompetent right?

I have not sold anything. And I still have not seen any spinoff shares in my account.

The other thing that is happening is that some people who had shares as of the record date and then sold them afterward are not getting the shares of BVIG they are entitled to. Again these are the people Ken wanted to receive shares in exchange for losing the properties that were removed. That's the whole reason for a record date. Everything is based on shares held on that date. The brokers, whether by ignorance or laziness or for whatever other reason are simply handing out BVIG shares based on KATX shares that are in peoples accounts as of now. Some people are having a party over this mistake. Others are wondering where their shares are.

There has been a mistake. The brokerage firms are transferring more shares than they should into some people's accounts. No one should be getting the one for three shares based on shares that were purchased after the record date. The whole reason for the spinoff was the fact that the most valuable properties were removed from KATX so Ken saw it as a way to repay the investors who had purchased their shares because of these properties. The ones who held shares as of the record date were to be awarded the shares. Anyone who bought shares after the record date were buying a stock that they knew did not include these properties and so were not entitled to the 1 for 3 BVIG shares. They got what they paid for. However some people are receiving BVIG shares based on KATX shares that were purchased after the record date. They believe the mere fact that they got extra shares must mean the shares were there to be gotten and therefore must be right but they are failing to consider the fact that many people, myself included, have still not received their shares. They can talk themselves into thinking this bonus is correct but at some point the shares will run out and things will need to be fixed. Some of these wrongly placed shares may need to be recalled so it would not be wise for anyone to sell any before this gets straightened out. I can't convince anyone of anything against their will so I won't argue the point. I'm just sayin...

Sorry this takes so long to respond. Apparently I'm still working off some penance for some sins committed in another life so I'm still limited to one post per day. The whole reason for the spinoff was the fact that the most valuable properties were removed from KATX so Ken saw it as a way to repay the investors who had purchased their shares because of these properties. The ones who held shares as of the record date were to be awarded the shares. Anyone who bought shares after the record date were buying a stock that they knew did not include these properties and so were not entitled to the 1 for 3 BVIG shares. They got what they paid for. When you reason that the mere fact that you got extra shares must mean the shares were there to be gotten and therefore must be right you are failing to consider the fact that many people, myself included, have still not received their shares. You can talk yourself into thinking this bonus it correct but at some point the shares will run out and things will need to be fixed. I can't convince anyone of anything against their will so I won't argue the point. I'm just sayin...

There has been a mistake. The brokerage firms are transferring more shares than they should. No one should be getting the one for three shares based on shares that were purchased after the record date. Some of these shares may need to be recalled so it would not be wise to sell any before this gets straightened out.

Still here and still holding.

I'm anxious for this thing to explode. But I guess I can wait until you get your cheapies. Hurry up and buy what you can. The future is waiting.

You may be right. That would be sweet. I just thought any sales the company had to date would be pending the certs.

I could be wrong about that. I know most of the financing comes from Gregg N.

Hey R M. I think this is referring to proceeds received from Mr. Nunez as part of his efforts to finance operations.

I hope you're kidding.

Brilliant. Love it. The truth will set you free.

Where did that line come from?

If this is the only reason you can think of you need to start thinking more positively. Isn't it just possible that Brennon stepped down is because he recognized that at this stage of his company's development there might be somebody else who has the experience, expertise and connections to facilitate a smoother, faster, more economically sound game plan moving forward? You don't have to jump out of the vehicle in order to let someone else drive for awhile.

Can you say schizophrenic?

Erock is a smart guy but he could learn a lot from you when it comes to allowing honest disagreement on this board. As a mod he was way too quick to silence people who didn't agree with him. Thanks to him I am still only permitted one post per day here. Thank goodness he is no longer allowed anywhere near the mute button. Keep up the good work. It is appreciated.

Bingo, Abe. That's what I've been saying all along. Time for a new law firm.

Excellent post, Rick. As always I appreciate your thoughtful, honest and calm and reasonable assessment of the situation. If I could add anything to what you have said I would like for Ken to consider replacing Jack, who seems to be woefully unequipped for dealing with investor's legitimate questions in a timely, civil, respectful, and informative way.(In other words, a professional way.)

Also it may be time to consider another law firm. The excuse has been used that Ken's company is so tight lipped because they are constrained by their attorneys from divulging any information to the shareholders. This has led to wild speculation, guessing games and an atmosphere of cloak and dagger surrounding the company. This has obviously proven to be destructive and counterproductive. I personally have always felt it was a conflict of interest to employ a firm that also represents NITE, who may find an information blackout and it's accompanying uneasiness and confusion, to be beneficial to what they do.

In short, from what I understand, it is Ken's natural inclination to be thoughtful, and informative toward his shareholders. Maybe he has leaned too far that way in the past. I don't know. What I do know is the pendulum as swung too far toward silence and secrecy. People have invested a lot, endured a lot and trusted a lot and in my opinion they deserve a lot better than they have gotten lately from the company.

I have not sold a single share since I started buying last spring. My cost basis is a little over .16 so I'm down huge on my investment. Still I do not intend to sell and yes I was buying yesterday. It is insane to think that this company, with all it owns and all it's potential and all the interest it has generated is worth only .03

One last thing. Ever since I first heard of KATX, people have told me what an honest, honorable and good person Ken is. I haven't had the privilege of speaking with him personally. I haven't even emailed him or tried to contact him in any way. I understand he must be a very busy man. I fear though that his reputation has been tarnished by what has gone on recently. So my message to him is this; This is your company, Ken. Step up. Take charge and make it reflect more of who you really are. Then we can once again all agree. This is not just any ordinary pink.

I think you're right. The fact that they stopped short of the original planned drill depths is telling us something. The question is what is it telling us? Some say it means they found nothing significant so they quit trying. Why spend more money on an empty hole? Others are saying the opposite. What they found was so good they decided not to spend any more time or money drilling. They had enough. Let's reason this out.

Suppose my wife sent me out to buy a Thanksgiving turkey. But not just any turkey, a specific kind of turkey. There's a chance no one will have this turkey but there are four grocery stores in town I can try. Now suppose I go to the first store and don't find it, then I go to the second store and still don't find it. So I go to the third store and text my wife that I had to go to three stores and I'm on my way home. What would her assumption be?

I think she would believe that I found the turkey at the third store. Otherwise I wouldn't be coming home without trying the fourth store. Why would I stop short of trying everything and announce to my wife I was coming home after only three stores if I was coming home empty handed, or with a disappointing turkey, Unless I wanted to spend a very miserable Thanksgiving.

On the other hand if I did find the specific turkey at the third store why would I continue on to the fourth store?

Why would Ken stop short of drilling the entire depth, then announce it to everyone, unless he found what he was looking for? As in the analogy, he wouldn't signal that he didn't try everything if he was coming home empty handed, or with a disappointing turkey.

I think this is good news. Happy Thanksgiving.

Great post, Grahamber. It's always best to get information right from the source rather than listening to bitter little men.

Emphatic dismissal. dismissal with prejudice, in which the plaintiff is barred from filing another case on the same claim. Dismissal with prejudice is a final judgment http://en.wikipedia.org/wiki/Prejudice_(legal_procedure)

With prejudice means emphatically as in NO CASE!

Tonight Glenn Beck talked about China buying up REEs on his television program. Pretty exciting exposure considering the REES present at our RR. Watch. http://www.glennbeck.com/content/videos/?uri=channels/338018/1058799

For Ken to say,"We are good." is like A POW nodding or winking at the camera while being filmed for propaganda purposes. Not that Ken is a prisoner but his hands are tied regarding the information he can release. Just as the POW hopes the people back home can read into his wink a message he wants to send, so I believe Ken is trying to communicate to his faithful longs it's all going to be great. Just wait and see.

I found this on another board. Sorry if it has already been posted.


NEW SHORTING LAW STARTING TODAY
New shorting laws come into effect


4320. Short Sale Delivery Requirements

This version of the rule (or interpretive material) does not become effective until Oct 15 2010

This rule was introduced with the filing of SR-FINRA-2010-028, which has been approved by the SEC. This rule becomes effective on October 15, 2010.
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.[color=red][/color]
(1) Provided, however, if a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency for thirty-five consecutive settlement days in a non-reporting threshold security that was sold pursuant to SEC Rule 144, the participant shall immediately thereafter close out the fail to deliver position in the security by purchasing securities of like kind and quantity. The requirements in paragraph (b) shall apply to all such fails to deliver that are not closed out in conformance with this paragraph (a)(1).
(b) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days (or 35 consecutive settlement days if entitled to rely on paragraph (a)(1)), the participant and any broker or dealer for which it clears transactions, including any market maker that would otherwise be entitled to rely on the exception provided in paragraph (b)(2)(iii) of Rule 203 of SEC Regulation SHO, may not accept a short sale order in the non-reporting threshold security from another person, or effect a short sale in the non-reporting threshold security for its own account, without borrowing the security or entering into a bona-fide arrangement to borrow the security, until the participant closes out the fail to deliver position by purchasing securities of like kind and quantity and that purchase has cleared and settled at a registered clearing agency.
(c) If a participant of a registered clearing agency reasonably allocates a portion of a fail to deliver position to another registered broker or dealer for which it clears trades or for which it is responsible for settlement, based on such broker or dealer's short position, then the provisions of this Rule relating to such fail to deliver position shall apply to the portion of the fail to deliver position allocated to such registered broker or dealer, and not to the participant.
(d) A participant of a registered clearing agency shall not be deemed to have fulfilled the requirements of this Rule where the participant enters into an arrangement with another person to purchase securities as required by this Rule, and the participant knows or has reason to know that the other person will not deliver securities in settlement of the purchase.
(e) For the purposes of this Rule, the following terms shall have the meanings below:
(1) the term “market maker” has the same meaning as in Section 3(a)(38) of the Exchange Act.
(2) the term “non-reporting threshold security” means any equity security of an issuer that is not registered pursuant to Section 12 of the Exchange Act and for which the issuer is not required to file reports pursuant to Section 15(d) of the Exchange Act:
(A) for which there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency of 10,000 shares or more and for which on each settlement day during the five consecutive settlement day period, the reported last sale during normal market hours for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more, provided that if there is no reported last sale on a particular settlement day, then the price used to value the position on such settlement day would be the previously reported last sale; and
(B) is included on a list published by FINRA.
A security shall cease to be a non-reporting threshold security if the aggregate fail to deliver position at a registered clearing agency does not meet or exceed either of the threshold tests specified in paragraph (e)(2)(A) of this Rule for five consecutive settlement days.
(3) the term “participant” means a participant as defined in Section 3(a)(24) of the Exchange Act, that is a FINRA member.
(4) the term “registered clearing agency” means a clearing agency, as defined in Section 3(a)(23)(A) of the Exchange Act, that is registered with the SEC pursuant to Section 17A of the Exchange Act.
(5) the term “settlement day” means any business day on which deliveries of securities and payments of money may be made through the facilities of a registered clearing agency.
(f) Pursuant to the Rule 9600 Series, the staff, for good cause shown after taking into consideration all relevant factors, may grant an exemption from the provisions of this Rule, either unconditionally or on specified terms and conditions, to any transaction or class of transactions, or to any security or class of securities, or to any person or class of persons, if such exemption is consistent with the protection of investors and the public interest.

http://finra.complinet.com/en/display/display.html?rbid=2403&element_id=9398

Amended by SR-FINRA-2010-028 eff. Oct. 15, 2010.
Amended by SR-FINRA-2007-013 eff. Oct. 15, 2007.
Amended by SR-NASD-2006-071 eff. July 3, 2006.
Amended by SR-NASD-2004-044 eff. July 3, 2006.
Amended by SR-NASD-2004-175 eff. Jan. 3, 2005.
Amended by SR-NASD-97-28 eff. Aug. 7, 1997.
Deleted and replaced with former Appendix B by SR-NASD-93-48 eff. Mar. 8, 1994.
Added eff. Sept. 24, 1973.

Selected Notices: 73-05, 73-45, 73-54, 73-67, 06-28, 07-45, 10-35.

Don't post here much anymore. I'm only allowed 1 post per day but I'm still long and strong and waiting for KATX to move. It's been sooooo dormant for sooooo long. Kind of like a hibernating bear. But have no fear. Spring is coming and when it wakes up it will come to life with a vengeance!

Someone once told me, “If you weren’t born on a farm you ought to be born again.” Well I wasn’t born on a farm but I was raised in a farming community and there are a few things you learn growing up around farmers if you pay attention. They are a rare breed and I often wondered why anyone would want to be one.

In the spring planting season it’s usually too snowy, too frozen, or too wet to get into the fields when you want to. And when you do finally manage to get your seed in the ground you’re still not guaranteed it will grow.

A farmer needs patience. Lots of it. Crops obey their own rules in their own time and growing seasons can be very long. No experienced farmer would plant seed then go out in his field after two weeks and ask, “Where is my harvest?” He knows things are happening beneath the surface that he can’t see. If he gets impatient, plows everything under and starts over he has lost everything he has invested, fuel, seed, fertilizer, weed killer and time. Yes patience is everything but still a lot can go wrong before it’s time to harvest.

If it rains too much the crop drowns or gets moldy. If it doesn’t rain enough it withers and dies. If it rains at the wrong time you can’t tend the crop.

Then there are the pests and the varmints always trying to steal and destroy the crop. There are insects and plant diseases and birds that eat the seed. And then there are deer and raccoons, mice and all kinds of other critters that want to live off your investment.

You also have to contend with weeds that will grow where nothing else will and they will compete for rain and nutrients, choking the crop.

Equipment breaks down at the worst possible time and market forces destroy your profit margins. And when at last you finally make it to harvest time you are once again fighting time and weather. But when it’s all done, you have your harvest.

All farmers complain. I’ve never known a farmer who ever thought the year would be anything short of disaster. But they always end the year with a harvest. Sometimes an incredible harvest, but no matter how good or bad it is, you can be sure they’ll be back again next year to do it all over again. For two reasons:

1. They love it.
2. In spite of any
Pests ( bashers, MMs )
Drought ( long periods of time with no information )
Weeds ( flippers who seem to thrive everywhere )
Long growing seasons ( endless waiting for stocks to perform )
There will always be a harvest. A good farmer knows what he has in the ground.

Let’s hope it’s a good year.

I actually thought we wouldn't be hearing from him for a while, after hearing the news about the restrictions coming off of the Handcamp shares. After all, His incessant rampage against the company, accusing Ken of selling out the stockholders by placing restrictions on the shares, rendering them worse than worthless, has probably caused many many good, trusting people to lose out on these shares.

How may sold their katx shares because of his underhanded tactics. A normal human being would feel bad about that. A normal person would ,if not apologize, at least be quiet for a while. Instead he has ramped up his rantings again.

Some people's lack of decency never ceases to amaze me.