KAT Exploration Inc (KATX)

[RByoke]

I'm just trying to understand the process, I'm not saying that I'm GOING to sell on July 19th...I want to pay off my house in a coupla years so I think holding is the way to go....

As far as ex-dividend date, wouldn't that be two trading days before the record date? You would need to be in on July 13 to allow 3 days to settle. So July 13 is the day to buy by, if you buy July 14th (the ex-dividend date) your trade won't 'settle' until after the date of record and you will miss out on the divvy....I think I have that right...



"yes but remember the company is timing the PRs to keep "value" with your KATX shares, they may announce a VALE update, a drill date for Rusty Ridge, or a number of things....if you are only looking for the BVIG divy , you may get burned by unloading your KATX after the divy date...again the company is aware of this too I would suspect something big announced for "KATX" as well...JMO"