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I'm really concerned more about the drill results and getting KATG up and hoping that AW on the other board is out when it finally goes up. Some people are just real easy to dislike. It is sickening watching this stock manipulated day after day by criminals. THere I said it criminals!
Stop watching it won't happen until ou do or it will drive you crazy. I know because I am!
SSDD Yes, and then there's the snow, a piece of equipment could break down, Bin Laden could attack the site, a plague of locust could foul the equipment and make driving hazardous, Ken's wife could shoot him for sleeping with a bear and then what about global warming?
My god, it would be amzing if this ever got off the ground!
Diversity is one thing and calling these guys liars another, but I would expect that from a Vols fan. While I'm not a happy camper at this moment Ken does have a track record and knowledge of the area and signed an option contract with Vale so I'm sticking it out. As far as being on the list not sure that is as important as having the results and once they do then I'm sure the post count will go up. Also, many of us are limited to one post on that board since we call out a few posters.
None of us know the real value Solid and that is what we are waiting for. Most have a tremendous amount of faith in one persons ability. I have bought numerous stock as I'm sure you have that you had faith in management and have been lied to and lost tons of money. Then there is the chance you have a honest person that just gets it wrong. Thing is you never know until the person performs and you see the results. We either get great news as we are lead to believe by the samples and glowing reports or it does not come out as hoped for. Thing is when you trust people you open yourself up to also get burned. I hope this is not our case here as I have a good sum invested. I am not overly impressed with Jack as he seems a bit surly for an IR position. He will also blacklist people if he does not like what you say. Not very professional.
IMHO the longer this goes without positive news the more pressure on the price as people get weary. I do think the communication of the time we were to get result should have been better because they have to know shareholders are a bit tense at this point. GLTU
Seems to me the drilling is more than done on the initial and they said expedited. Maybe they should have told us that expedited did not mean 2 days and that they were not paying more to get it done but just asking. This has just allowed the manhipulaters and MM's to walk this done one again, while us loyal longs sit on our thumbs and watch. Sorry, but it makes me want to puke when some posted come on boards and tell you it is going to .10-.12 and it does because things are dragging on getting KATG up and running and or the results out. IMHO either poorly planned timing or communication by KATX. I'm loyal, but this is hard to take week after week when you are not in the money and certain people rub it constantly in yor face!
Might want to check your math. While it is a large sum $4000 / .001 =4,000,000 shares. That times .145 = $580,000. Now I certainly would not complain, but not correct. I sure wish I was in at that price versus .159!
They recently did one why would they do another? They won't do another one unelss this become a penny stock again. I hope they succeed but after watching this for 15 years I have my doubts.
Trader I'm back in today and things looking very promising. I'm out today and it will take to weeks and I'm waiting for .12. I agree with Gump that the odds are slim. Gump they could hit gold. The odds are i in a million. Look it up folks if you want a good laugh. Andy Gump sell high ened porta potties in Ontario, Ca. So we all know he's full of
LOL
Can you hear the train coming? Short (not covered for those non believers) was 61% yesterday. They have to cover before the news hits and they know it. They will try and beat it down hard today to get out. Don't let them walk it down. If you have powder buy it up and make them close it at the high to exit before tomorrow! One and only post!
My one post. As I understand it Twilite will go into KATG and we will get shares depending on how they value it which is hard to tell this early because there is little information. Fo all we know it could be a better property that HC. That will round out KATG and any other gold properties will be bought directly by KATG. KATX will be moved to a OB shell and called KATC with all the copper properties in a 1:1 move. It is just a lateral move off the pinks to the OB. Just a step up the legitimacy pole, but still the wild west. As of this point I really do not see any other 'free shares' coming as no other companies are being moved. Ken said Cabot despite having both gold and copper will remain in KATX. OK- I'm ready for some news how about you?
Steve
THere is an alternative now as both KATX and BVIG(soon to be KATG) have Yahoo boards with open message boards now. Many that are not happy with this boards dubious past and the protection afforded some naysayers and basher and not their counter attackers are moving there. This is not to say this board does not provide some great people and DD as it does, but some question the control and motivation which is not a problem on the Yahoo board. BTW It is a NO G zone as that individual is immediately on Ignore!
Steve
If we get news today it could be an explosive run and if not I expect we will be doing well to stay at .15 as the uncovered was about 55% of the trades yesterday so I suspect some may think a delay of the findings could put this off until KATG is no longer BVIG and as some say there are shares to trade. The one thing I have found through all my years is the as I should say (bad guys) shorts are better informed (willing to pay for information is my guess)than us longs. I have held throughout and am under my average at this point so the sooner the better the news hits in my opinion, but timing in these matters is always tricky. Let's hope lady luck is on our side today.
Red Back Mining and Kinross in a $7 billion dollar merger today in the news. Here's a piece on one of their 2 Gold mine in Africa.
http://www.redbackmining.com/s/Chirano.asp?ReportID=148971
In light of the discussions we have had regarding mieralization of HC I found it interesting.
Steve
Maybe KREE would be a good one. Here's one for our favorite poster for all to enjoy.
Quiet before the storm? 500 shares in 10 minutes. No one selling or buying just waiting on news!
It seems you either are unaware or misleading the board in regards to what a Market Maker (MM) can and cannot do so I offer you a definition. Funny, I just had this on my Series 65 studies also.
A brokerage or bank that maintains a firm bid and ask price in a given security by standing ready, willing, and able to buy or sell at publicly quoted prices (called making a market). These firms display bid and offer prices for specific numbers of specific securities, and if these prices are met, they will immediately buy for or sell from their own accounts. Market makers are very important for maintaining liquidity and efficiency for the particular securities that they make markets in. At most firms, there is a strict separation of the market-making side and the brokerage side, since otherwise there might be an incentive for brokers to recommend securities simply because the firm makes a market in that security
In others words they can buy and sell from their 'own account' !
Steve
PS This is my one post
Hedge funds can buy and sell whatever they want. They make money based on a percentage of returns. IMHO the only way they buy a pinky is if there are two things. Volitility and Volume. They also may look to see if the stock has a good 'story'. KATX has all that and is fodder for hedge funds and traders. Ask yourself why so many MM for a small pinksheet stock. I guess it is the same reason Willie Horton robbed banks, because that is where the money is.
Well, rule you are entitled to the way you think, but I feel you are way off base IMHO. You seem to always the the worse motives of the Stead's for their actions and I do not think they have given you any reason to think this way up to this point. They restricted their shares for 6 months after ours. I see that as honorable. I also, have had bad experiences with management from other much larger companies than KATX, but I still judge them on what they say and do and as long as they keep their word and if there is a change communicate it I have no problem thus far.
I can see why you do not like restrictions since you cannot trade the shares but everything is not done to satisfy you, but the longer term shareholder trying to build value and lve day to day.
Yes, great post thanks Rick. I just hope the starts are aligned on our timing because that will make all the difference in the world between hitting the big time or not. It seems the decision to inflate our way out of this mess along with cutting expenses is the only way out. I see prolonged low rates along with business tax breaks which eventually will inflate. Our greatest fear IMHO is deflation, but I think the Fed will do everything possible for that not to happen and even at that Gold could become the defacto world currency.
Yes, if you read the example that what I implied. Been in the financial services business for 30+ years. At some point you have to pay taxes on it or your heirs do unless you die this year that is! If you get a deduction now they get you later. I have some KATX in a cash, IRA and Roth account plus the KATG. If or when we hit it big I will buy a large life insurance policy which will be owned by a trust to pay the future tax liability to my heirs.
Funny, I'll bet you are back in already or waiting for it to go lower. Come on Trader call a spade a spade and stop with the under handed bash because it is getting real old. Maybe Ken was trying to time the PR as to somewhat mitgate what he knew the folks like you and the MM opportunist would most likely do. In the future I'm in hope he give little to no time on these share distributions and times PR's with as much stealth and surprise as possible to catch the large daily short and cover going on and players with their pants down. While I do not doubt your ability you are not sincere.
I guess my point was that if KATX and or BVIG(KATG) hits it big and you now have say $3 million off of your say $80,000 investment you would have no taxes under the Roth on tha gains of $2,920,000 versus over $1 million in taxes under the IRA that is tax deductible. Hopefully we will have that problem!
Not sure that is a good idea. If you kept it in a Roth all the gains would be tax free. Now what you have done is made them taxable. I hope you meant the opposite of what you stated!
Just a thought for all to ponder. Assuming BVIG stays at .63 and whose to say what it will be in 6 months, but play along. Take that by the number of shares you have in BVIG. OK now, take all the money you have spent on KATX shares. I'm betting that the majority here will have more in their BVIG shares than they spent on KATX shares. I know that is true of me and my average is close to .17!
I hope this helps those feeling a little down!
Me either but with all the divy shares I expect to be either there or close. With this last one I'm at 722K plus change. I just wish I knew about this earlier. Heck, I'm even a bit under water at this point, but ask me if I care. NO! I can see the future and it is bright.
Sure they have not, but do you doubt they will come? Do you think next time Ken may get tired of the games traders are playing and make them the announced date or give very little time to buy or retroactive? Play your games and take your chances!
Yes, and just think after all this many will have over a million combined shares and just one of all these properties hits and the shares goes to $1 you are a millionaire. Now if one see $3-$5 or more you should be set for life unless you spend way to much money. Remember, to take care of family and give what you can to support the charities you believe in after you hit it big. Someone told you about Katx, but you had to decide to take the risk and buy. Ken put us in the position to become wealthy, but we have to hold and let it come to fruition now.GL to all longs and for you players take your crumbs. You will not get mine!
Just when you thought it could not get better they add another! WOW! So, this one has huge amounts of copper and also gold? So, I wonder if this will stay a KATX prperty or move to the new KATG? Another huge find!
I would not be surprised if the MM are doing this and taking small hits just to scare off shares so they can cover their short. Sorry, MM Hommey don't play that game!
Not sure what you mean the ontl holders?
MM's and shorts again walking it down on light volume. Doon't play into their games and let them steal your shares. Make them cover high by placing a sell order at least $1-$5 or as high as your broker will let you go. Then once news does hit they are screwed and have to bid it up to cover!
Yes, I realize that and don't think they will increase the float unless good drill results and whather JV arrangement warrant it. Let's just wait and give it time to develop and be patient since we have no control over what happens anyway.
I think you are correct on KATX, but not on BVIG since there were few tradeable shares and the dilution did not hit until now. It was distorted and still is somewhat since many of the shares are restricted. Value will come and be based on what the drill results are when the shares are free to trade. Ther will be a ton of specultion between now and then on the tradeable share if results are oststanding or poor. Time will tell. I will just sit on all my shares and let this play out!
Maybe because now there are quite a few more shares of BVIG and that is why. Maybe they are taken what was the price difference of the announcemnet and multiplying by 4X to come up with that figure. It is all pretty meaningless unless you own tradeable shares and until we get some news on the drill results either way. It is all just numbers until you cash out.
One would think for a National Security interst that the US and Europe along with Canada and the free world would try and keep this in non Communist hands and therefore the value of RR would possible exceed any normal value due to limited supply!
Heck Rick I'm a newbie and did not find out until May. I have to give all those that bought lower kudos for sticking this out and holding for the brass or should I say gold and copper ring. If we all hold and build the base we will get closer to our goals sooner and if we are not providing the liquidity by selling on doubt and fear mongering then the flippers will find this an unfriendly place and move on. They need to shake us along with the help of the MM (that know what is on both sides of the trade and trade for their own accounts along with handling the trades) GL and have a great weekend
IWalker I was adding the .07 to what Katx at .175 and that is close at .245. Not sure you got what I meant.
Just think what happens if they list on the China market and China either buys or JV's on RR? Demand for shares could be huge for shares!
what do you think the divy will be set at this time?