Plays Big Board , Avoids Pink Scams & Lowers his Investment Risk.
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That's true
Excellent Catch HV. Very good New$ today. Let's wait for some big results.
Who got that big block
Sit tight. ACCUMULATE- That's what I am doing.
Getting ready for 18's looks like
Todays new$ is as real as it goes. 18m-20m tons of low grade copper ore, NI 43-101 is ready to be filed, more drilling to discover new deposits, gold results are awesome, nearing some of the top class mines etc. And this is just CABOT.
IMO we are going to bounce off big from here. Once today's news is sink in, potential will be realized. KATX is no JOKE Watch for tomorrow.
The acquisition is weak
That is IYHO right? Follow the #'s , drill results and finally NI 43-101.
900,000 tons is coming from a small area that was drilled. Drill other targets and you have a potential of massive deposit.
Just a start, drill more and get more. That's how mining works , right
Now calculate how much copper they can get out of 18m-20m tons of low grade copper ore? Say 1%, that is 18000 tons of copper.
18000 tons x ( Copper Price/Ton) = $$$$$$$$ [Very conservative Number ]
Those #'s are coming from drill results. They are filing NI 43-101, may come out to be bigger than 20 million tons of low grade copper. That's why it's a rough estimation, it may be far bigger than they have mentioned, who knows.
It will be in KATX and any gold deposit that comes with this. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton.
They already have a JV with VALE on LUCKY property. The beauty with CABOT is they already drilled this and have a rough estimation of 18m-20m tons of low grade copper. PROVEN RESERVES. Once they file the NI 43-101 , we will see the true value of the ground. And remember this is from a small part of cabot, other ares are open and have significant potential.
Many missed the KEY Points - 18m-20m tons of low grade copper coming right into KATX.
Results are from drilling:
1. A rough calculation has indicated 18m to 20m tons of low grade copper ore, with cobalt as a complementary mineral, together averaging approximately ½%.
2. KATX will be filing NI 43-101 on the Cabot properties.
3. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton.
4. Vale is hungry, sell all ore to them.
5. Potential is huge- nearing mines tells the story.
* The "Tilt Cove" mine
* Rambler mine
* Bretts Cove mine
* The "Deer Cove" mine
* The "Nugget Pond" mine
* Pine Cove" mine were/are gold deposits.
Awesome New$ folks.
~ ESPI(.10) Record Monthly and Quarterly Revenues for the Period Ending June, 2010
Great News.
ESPI(.10) Records Monthly and Quarterly Revenues for the Period Ending June, 2010
ESP Resources, Inc. Announces Record Monthly and Quarterly Revenues for the Period Ending June, 2010
SCOTT, La., July 16 /PRNewswire-FirstCall/ -- ESP Resources, Inc. (OTC Bulletin Board:ESPI.ob - News) announced today that sales volumes for the month of June produced record revenue numbers, with more than $500,000 in total revenue.
After producing record sales volumes for the first quarter of 2010, ending March 31, with more than $1 million in quarterly sales revenue, ESP is reporting that sales volumes for the second quarter, ending June 30, have exceeded $1.3 million.
The opening of a new District Operation in Longview, TX during the first quarter of 2010 for the supply, sales and service of Petrochemicals to Oil and Gas companies located in the Northeast Texas, Northwest Louisiana, and Southern Arkansas regions contributed significantly to sales revenue increases. The region is home to the Haynesville Shale formation – one of the most prolific shale gas formations ever discovered.
"The opening of our Longview, TX facility and the deployment of an aggressive sales strategy for the area has produced very positive results for ESP during the second quarter of 2010. Our product line has gained very favorable response from the oil and gas companies operating in the region. Sales of our petrochemical products in this region have increased significantly," said David Dugas, President of ESP Resources, Inc. "Our plan of an aggressive expansion of the new district operations for the remainder of 2010 and 2011 is obviously producing favorable results with the significant increases in our sales volumes."
About ESP Resources, Inc.
ESP Resources, Inc. is a publicly traded petrochemical company (OTCBB:ESPI.ob - News) headquartered in Scott, LA. Through its wholly owned subsidiary, ESP Petrochemicals, Inc., ESP is a manufacturer, blender, distributor, and marketer of specialty chemicals and analytical services to the oil and gas industry. ESP supplies retail and wholesale specialty chemicals for a variety of oil field applications including production, drilling, waste remediation, cleaning, and waste water treatment. From three blending and distribution facilities located in Scott, LA, Longview, TX, and Mission, TX, ESP distributes its product line throughout the oil and gas regions of Louisiana, Texas, Mississippi, Alabama, Arkansas, and Oklahoma, both onshore and offshore. The wholesale division of the company supplies specialty chemicals to several retailers operating in West Africa. The company's senior management has over 100 years of combined operating experience in the petrochemical industry. www.espresourcescorp.com
Mr Cramer follows my PICK LOL He did the same with GCI.
~DSCO(.23) Will move up gradually from here IMO. By April/May next year this will be well over $ IMO. $1.75-$2.00 will be my first exit point. Will see.
If approved , I will hold 30%-40% of holding for approval.
I am also, looking for LTCG on this. Min 12 month hold for me.
~DRYS($4.10) ~ Added high 3's. Still looking to touch my buy zone, if not, I have got few.
~OCNF(.87) back on watch.
~RZ(.52) Long term winner. Will be adding more today.
~ AVII($2.05) Great News. Still holding 30% of my original buy last year.
Today will be the last day to get free BVIG shares.
KAT Exploration is pleased to update its shareholders and investment community that shareholders will receive 1 restricted share of Bella Viaggio, Inc. (OTCBB: BVIG) for every 4 shares of KATX.PK owned up through the close of business established record date of July 16th, 2010.
Why VALE choose LUCKY? Vale (http://www.vale.com/en-us/Pages/default.aspx ) is after all major copper properties, with some massive potential deposits. If Rusty Ridge comes out to be what we all are expecting, or even 10% of Olympic Dam Type Deposits, I wont be surprised to see KATX turning into a full fledged mining company with some major partners. Rusty Ridge is not just about copper , it's about REE.
KAT Exploration is pleased to inform its shareholders and investment community that a DEEP DRILLING program on its Rusty Ridge Iron Oxide, Copper & Gold (IOCG) property is being initiated in order to test two major Induced Polarization (IP)/Magnetics targets.
A Canadian geological firm with much experience in the Olympic Dam type deposits have been contracted to carry out the project under the direction of our present geologist Mr. James Weick.
Handcamp will take KATX to the next level IMO & remember KATX is door to all future opportunities
Hold both KATX and BVIG - Let RR, LUCKY and HC proves it's worth. HC is due for some major update IMO. RR & Lucky is in queue. Vale is @ lucky and working and they know why they are there.
~ESPI(.105) Keep on watch, another long term winner.
~NLEF(.30)- Success is written all over it. One of my long term play. Accumulate and hold, we have a big winner in NLEF.
Volume coming in and looks good today.
KATX has laid out a plan and process well in advance and now they are in a process of executing these plans. Most important, we all know the details as to where KATX is heading, what they have planned for future, and how they are committed to build value for their shareholders. Hang tough and watch how everything unfolds here. KATX may be a play of a lifetime and is a vehicle to get into other future KATX projects/ventures etc.
~VRNM($5.03) - On fire. Up 104%. More to come.
admaiora:
IMO and from my DD, Power of KATX [ Copper ] will be far more powerful than the Power of Gold [ HANDCAMP ]. BVIG/KATG is just a gravy , real meat IMO is in Copper.
Buying KATX/C, I am getting best of both worlds. Added 125k so far.
G/L,
-911
I love them too. 5m-10m volume days will take us past .30c.
~DSCO(.22) is in my load zone. IMO it will move up from here.
~RZ(NYSE, 0.535)-->> http://www.rasertech.com/ Keep on close watch.
These are old- Just focus on LUCKY ( With VALE i.e. http://www.vale.com/en-us/Pages/default.aspx ), RR & Handcamp. IMO just these three will be sufficient for us to retire Looking to add some more today.
VALE is already on LUCKY collecting samples and just getting ready.
~RZ(NYSE, .58 ) http://www.rasertech.com/ - Ready for major bounce. Bottom In and great NEW$ today. Shorts will move this UP.
Must read post about Rusty Ridge - Thanks Rick for putting it together. Compare this new maps with what we had before- Looks awesome.
Now Check this picture of Olympic Dam: Compare with Picture -1 & 2 and follow it in picture 3
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch7/NFLD_2859.pdf
Read This http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51189435
But this is JMHO.
~ DSCO - Looks like selling is almost done. It's a good time to load the boat. Bottom is in IMO.
~ RZ - NYSE play- at it's bottom. Very good company and I am expecting this to do real well. Keep on your watch.
~DRYS - Coming close to my load zone and I am ready.