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.
Longs,mark my words here,as it will be the last post i will publish here...imho,i am assured about the future financial base of KATX,et alt.
As noted before,i might not be surprised about a M&A going forward.
Similar patterns can be found in grassroots companies like KATX in the past.
I trust the management,and the validity of their claims,and their master plan for the sake of the shareholders.
Yesterday was an interesting day,and it might trigger a paradigm change,as the possible rigging of the gold,and silver prices is going to court,initiated by a member of the CFTC.
It might take some time seeing results,but the truth will be out concerning this Ponzi scheme of price manipulation.
QE2,competitive devaluation of currencies,and other monetary factors will,in the long term drive the price of gold,and silver in a parabolic way.
Of all asset classes,investors are less then 1 percent invested in gold,1980 was about 26 percent...we have nothing seen yet!!!
Non financial companies have nearly 1 TRILLION of cash,waitng to be invested,and just wait,when the managed money pulls out of bonds!!!!
My best guestimates for the future...Bond market decline,further quantitive easing,hard assets going parabolic,stock market rallying 2011,and 2012.
Strong parallels with 2004,and period 2005-2007!!
Look for the MSCI World weekly chart from 2007 onwards,it has resistance at 1240.We might see a test of the 1150 level,ie lower limit of the trend,and then,when we break 1240 level,the bull market will start.
Thanx for all the very valuable DD posted here,mainly by the board commentators here,i had precious insights!!
Keep the one eye in the kingdom of the blind!!!!
Glta,God bless
The Guru
955,good point!!
It might have been thrown in here before,but i am still VERY astonished about the rangebound progress of the pps.
Most recently,i have watched a similar case of a rangebound pps,and history tells me,that BEFORE a bigger company swallows a smaller one,one in most cases sees exactly a pps 'trajectory'like in KATX as of recently.
With the potential of RR we might see an A.pretty surprisingly!!
As always my very own opinion!
Cheers
A few minutes ago i reviewed the core speakers of the Munich precious metals and commodity fair,taking place Nov.05,and 06 2010,among them legendary Rob McEwen,and i see James Turk also there.
Unfortunately i did not see any presentation of KATX:(,but i hear they are pretty busy;))
I will be attending on Sat.,06.
I might have personal contact with the publisher i wrote a few weeks ago about KATX,and i hope he will get me an update concerning his personal DD concerning Katx,and subsequent publication thereof.
Keep posting any results here.
Goooo KATX
As expected,RR will be impressive,as it looks from here!!
The gold consolidation might be on stage now,as given previously,with a technical pullback likely,which means a healthy pullback.
So far the inverse correlation of the USD,and gold remains intact,with gold depreciating,and the dollar appreciating slightly against other currencies.
Nearterm,as given also previously,a pullback per oz of gold denominated in USD most likely to around the 1270 level,then retake of the previous recent highs and beyond.
The present pps of KATX,imho,is a bargain!!
Although the death cross happened recently,the pps seems to find a solid base around 7-8 cents.
Long n strong go KATX et alt.
Cheers,guru
Thanx for some posts i received recently,and today,unfortunately,the 50sma crossed the 200sma from above.
Being aware of the progress of this co.,with RR drilling around,i hope the pps level will hold nearterm!!
Glta,guru
W.C,a good post,indeed!!
As with real money invested in any venture,every investor is responsible,how to proceed onwards,especially with a grassroot explorer we have at hand with KATX here!
Past comprehensive experiences with explorers,and their lifecycles going forward have told me 3 distinctive patterns,first pps normally rise VERY fast in expectation of drilling results,the second phase is a rangebound market,and the third phase is the strongest cycle,with imminent production.
As said previously,i lean towards impressive results for RR,but it might take a while until we see the news.
I conclude,we might see a death cross of the 50/200 Sma's,and in consequence the pps might tank further,till finding a solid base again,with adequate volume,after.
In general,i see a rise of the underlying gold till around 1370 nearterm,then we might find ourselves again at a level of 1250-1270,before we see a stampeding rush into gold till the end of the year 2010,at least.
QE 2.0,of the FED,and the devaluation battle among exportoriented countries bode VERY well for gold,and silver!!
Glta,guru;))
Just a sidenote here on Vale....they plan to invest 20 BILLION Dollars in FY 2011,maybe KATX gets a piece of the big cake;))
Cheers
Paying due regard to the chart,i can see the MA50 fast approaching the MA 200 from above--0,11 and 0,10 respectively,and concerning the fear among investors,it might get some more selling pressure when the MA 50 death crosses the MA200,given no news.
One can speculate more averaging down before we see news about RR!!
I personally believe in excellent results in RR,and this might get a company maker.
I lean towards more patience in this stock,regarding myself, for the records!!
Cheers and GL
Guru
A theory with possible merit...i was glad to sell @1,78,left the rest beyond the principal running,and also sold it,when it broke the 1Dollar support!
Gltu!
Right u r!
It is such an agony to see the pps declining in a steady,slow pace,with all the sophisticated technology at hand.
Month ago,i stressed that the PR-work is weak,and in my opinion,we did not see improvement so far going forward.
I am also inclined to say,that all so far strong support levels were taken easily in the more recent past,aka.months.
I do wish all the longs all luck,i for my part will leave this ship in favor of other interesting ventures,nevertheless will monitor temporarily on any progress of the company!
Cheeers,the Guru:))
but....in appreciation,silver will even surpass gold,in percentage gains!!!
Guru
1650$/oz minimum @ mid January 2011,mark it!!
Guru
Joey,welcome here!!
Are you thinking european;)),though you are on the island;))
M long on ESPH also,and i lean toward,,we have nothing seen yet,in relation,what the future will bring for the company.
SUSTAINABLE COMPETITIONAL ADVANTAGE...the word for success,and ESPH has it.
The short term beating the estimates Wallstreet dudes will be blasted out of the water in the long run,and i will looove that!!
We will hear from each other,i guess..hehe
Guru;))
Thanx 4 sharing!!
Industry and political sources tell me,that for the sake of environmental issues,chinese delegations are looking for technical expertise on how to exploit shale gas formations,as the US are having most experience doing exactly this,and from reliable sources i know,that they are really interested in ..on hand experiences.
With pockets full of cash,and a lot of inland shale resources,they will be a big player in the shale gas sector.
I hope,that they get to know ESPH technology!!
GLta,guru
We will be rewarded,just need to be patient,and believe in them.
We are good,no doubt about it!
Loong n strooooong as ever!
Gltu,cheers,Guru
I agree fully,in particular your last sentence is VERY true,and nowadays so UNlikely to happen for many greedy market participants expecting over night riches;)))
I also believe fully in Dennis and his team,and i rather like the perceived underestimation ofthiscompany!!
Cheers,and gltu
Guru;)
Hi guys,looooong and strooooong,gooo KATX with little kitties then;))
Congrats to the ones adding recently at this insane selloff!!
Glta,guru:)
Hi Co.,i do think as well...i looked up the recent Form 4 again,and there were insiders exercising warrants,and stock options into common stock in July,and August 2010.
Except for Director Wolfe,who was selling,if i recall correctly,around 72k shares of ESPH.
The rest were acquisitions,and so far,nobody of the recent purchases were selling!!
I am curious,what will be there end of September....
Gltu,guru
Solid,good point!!
Silver also appreciates today.
Looks to me,that gold and silver is DEcoupling from the general market.
Many parameters i am following concerning both are extremely upbeat,and silver even surpasses gold.
Imho,repeat.,silver and gold producers from the second row are REAL BARGAINS now!!
KAT will do fine,as the tide lifts all boats!!
Gooooooooooo KATX,loong n stroong
Guru;))
Big,though maybe not lifting your spirit,but the OVERALL markets are in INSANITY mode!!
I might remark as well,even traders have their troubles,as they need TRENDS to unfold,but there are NO trends at all.
Look out,when the bond bubble bursts,with a lot of investors being inside,seeing the yields creeping down on a daily basis!!
Then the money will find new safe havens,like gold,silver,and stocks,and imho,we have nothing seen yet;)))
Cheers,guru
Ev,respect,a man with an overall perspective,500k$,lol,and a few ppl gaining thousands of pennies,woooow,what an accomplishment...this makes the JOKE of the day:)))
Loong n stroong!!!
Guru
Ooopss,i meant 2-5 Sep;)
Ppl,i just ask myself a question...why are you responding to Gump90?
If i am up to entertainment,i got several other options....
WE ARE GOOD!!
By the way,anyone here from San Fran.,gonna b there soon starting Sep.10,for a beer,or 2,talking about the KAT?
Cheers
This might be a good idea,start60,by adding now @ the dips.
So far i can see clearly a biz-plan for the core-company,and i lean towards seeing progressive continuation.
I just read through my daily DD concerning many fields in investing,and imho,in consequence,the gold EXPLORERS of the second row are indeed not adequately priced for their assets.Here i see tremendous momentum going forward into the seasonal strength of the gold-silver markets!
Katx is still a grassroots company,and in relation to many,many explorers they do an awesome job there!!
GLTU,cheers
Start60,you just described a market called...RANGEBOUND MARKET,and we might see it for several YEARS 2 come,as the latest bull market ended year 2000.
Completely other principles of investing are the name of the game,the buy and hold strategies are a thing of the past!!
Cheers
Aaaaaah,thanx again;)saves some time looking the fig's up on Edgar!!
Wondering,how ESPH plays out today.
Anyway,i do not hope,that all those guys doing some insider-transactions in July,and Aug.,do not get rid of common shares graduallygoing forward...
Gltu:)
....sonofagun;)
thanx!
I just looked up Edgar Form 4,and Mr.Wolfe disposed of about 74k of common shares,transaction @23.Aug 2010,pps 71cents.
Analyzing the Form 4,i can see many insider transactions,mostly exercising of warrants,and company stock options,many of them taking place on the 2.July 2010.
i will follow up on this front on a temporary basis!
Cheers
Thanx Dv,i will research it soon,have a good 1:)
Cheers
Just came back,and was a bit surprised about the volume decrement.
Support seems to hold,for the time being.
I might have missed it,which officer do you refer to selling,thanx!
I do agree with you,a PR would boost the price again;)
Gltu!
As of yesterday,the support was holding,and we saw volumes adding up to the volumes seen recently,more than 500k.
As soon i have a chance to update today,i will post it here!
Glta;)Cheers
On the 12.of August,the Exec,Chairman C Vinick exercised 1 million stock options,with a validity till Aug.2015! for a price of 82 cents.
That makes 820000 Dollars..
Momentarily,the stocks are lingering around 70 cents,and i believe,imho,that something is brewing in the background.
Chartwise,we are meandering around the support level,with more volume in relation to recently.
Generally speaking,the stock is way oversold!!
Its pps is below all Sma's,especially the 200MA.
Boli is further narrowing,and the pps is even below the lower part of the Boli.
The support of 68 cents tends to hold intraday so far.
I suppose,imho,a gap is likely rahter sooner than later!!
Glta;))
Thanx for the location of the IBox,i found it already b4 and was forwarding it already;))
Cheers
Ab,found the ibox already,and i did send the content a few minutes ago to the proper addie!!
Cheers
You are all welcome,and by the way,nice idea,but...
Where can i find the Ibox?
I will forward as soon i have info accessing the IBox.
In the meanwhile i gave a quick summary already concerning the company to the rep.i am talking to,keep you advised,cheers:)
Good day,KAT's,
KATX will be published in a VERY well known online publication,as i was asking for.
They need to make some DD before,of course,and that will require time.
Whenever i see it posted there,i will announce it here,for the sake of all Longs here on this board.
The man behind this publication has a longstanding excellent reputation in the field of precious metals!!
Cheers,the Guru
Chapeau to you Bio!!
A reliable,investorfriendly,competent CEO,and spectacular assays are company makers!
M glad i am long!
Fu.. all the ppl having lost faith in this company!!
PATIENCE IS A VIRTUE!!
Glta loongs with a clear horizon concerning this company!!!!!!!
Dvi,just chill;))
We are good!
This pps level presently is a strong support level,and i lean towards,that it will hold.
Nevertheless we have to leave behind the resistance level,sitting at roughly 1 Dollar,which was the previos support,before the pps breached it.
If you look at the 1 year graph,you can find consequently a double top,with a very similar pattern.
We need VOLUME now,and if we get it,momentum will set in.
Fundamentally,the stock never ever was stronger than now.
A triple top might be a probable scenario,imo!!
Gltu,the guru
Good post,neom!
Ppl in downmarkets run like rats on a wheel in a cage,they exhaust themselves to the limit,but no forward movement!
Imo,the big picture was up till today,the 20.Aug.,that today is an option expiry date,with depreciation on all fronts.
The market has NO direction at all,but we also see HUGE uncertainty in market participants.
Volumes are small in general.
As given before,next Monday ,the heavyweights will enter the market again after vacation,and it will be a different ball-game.
Katx took a beating,indeed,and what i see on the charts is a contracting Bolli-band,with the pps on the lower band,RSI declining into the 30 range,and support @ 0,11.
IMO,I also lean towards the last opportunity to load up the boat concerning gold,and silver explorers and producers,before we enter the months of rising pps for gold and silver stocks.
Katx FUNDAMENTALS did not change at all,even improving with time going forward.
And doing a little math,2 mill.shares represent roughly 240000 Dollars average today....really a non-issue!!!
Glta again!!
Enjoy the weekend!!
Most of the markets tanked recently,BUT on low volume only!
Coming Monday,most of the heavy hitters join the market again,and i guess it will be another game then.
With the FED running the money press 24/7,in general Gold will among the best hard assets going forward.
Institutional money is 80 percent in bonds,only 3-6 pc are invested in the stock market--BUT this will soon change.
Also,S/P500 companies hold cash positions of roughly 836 BILLION of Dollars,waiting to be invested!!
Gold producers are absolutely undervalued,and prospective explorers will follow suit!
Rising tide will lift all boats,seasonality of gold stocks sets in now:))....if i were a CEO of a company,i would also post news,when i am fully aware,that heavy hitters are listening....
GLTA
Geeee,like in kindergarten,who is right and wrong;))
If charts ONLY works out 4 you,good,earn it and spend it,other posters here might lean also towards using fundamentals,and other DD!
Grassroots explorers are a different ball game,watch,what happened 79/80;))
Cheers