KAT Exploration Inc (KATX)

[Er0ck]

You really have no clue what your talking about. There wasn't some massive sell off or anything of that nature that dropped our price. This stock was up well over 700% in the course of roughly a week. That was it's first big move up in a while, with any large move up, it has to establish a base, a range. And that is exactly what it has done. You don't go up 700% in a week and then continue to trade at those levels after you hit that high. You go up, then after the move, you start a down trend where you find a new range.

Ever since it moved up, it has set up a bottom at .015. It has tested this bottom many times and it has held nicely. It's trading rage is pretty much .015 to .02. This is it's new range, it's new bottom. There is strong support at .015.

Thats all there is to it, pr or no pr, it should hold around these levels for a while. Of course we got many more prs to come, but there is plently of support at these levels.

I am not expecting any major moves up or down unless they are PR drivin. Once bigger news hits, it will shoot up and establish a completely new, higher trading range after that spike.


This is an extremely healthy stock. But of course it might lose support at the .015 level at some point and move lower. But that is fine too. This still will be over .50 on any really good news, and easily over $1 on any major news like a JV. If goes lower it's simply a incredable time to add more shares before the next big move.