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Thursday, January 14, 2010 12:39:54 AM
My best advice would be try to hold on to KATX as long as possible. As good news does happen to come out soon, and the stock does shoot up, then your good to go. But just always rember, this has the possiblity to go much higher down the road.
The news I am refering to btw comes from the PR Ken put out last wed. He stated that he would be informing us all on the status of financing in "a cupple weeks". I have some reason to believe that news would be big, and that they will pretty much tell us they have acquired financing for the test drills. It is also possible that the reason they got financing is because they signed a joint venture with a mining company and that would be huge too.
But my theories on this are based on some logic, common sense, and reading between the lines. None of that may be the case. We will just have to wait and see. In anycase, great things will be coming to this company very soon.
My only question is, if the status of financing hasn't changed, what would the point be to update us on that fact..... :)
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