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Re: scubastevemd post# 71302

Tuesday, 07/06/2010 9:24:25 AM

Tuesday, July 06, 2010 9:24:25 AM

Post# of 233062
You could be right Steve. I remain unconvinced either way on the short selling argument but if short selling is happening then they are covering within a few days each time. I tend to veer towards the simplest answer as generally (though by no means always) being the right one and I think there are investors of that size. In November 20m shares might have cost just $60,000 at an average of 0.003.

In any case, for me the main point is that it shows quite clearly that the drop in share price in June could very easily be due to trading patterns and not (as some have suggested) anything to do with KAT Exploration's fundamentals, which to my mind remain as strong as - in fact strong than - ever!

Good luck to us!