News Focus
News Focus
Followers 0
Posts 230
Boards Moderated 0
Alias Born 04/16/2004

Re: Biochemist2002 post# 90526

Friday, 08/27/2010 7:01:36 AM

Friday, August 27, 2010 7:01:36 AM

Post# of 233828
Projected KATG minimum share price estimate. It's easy. For a time KATX was trading in the 5 to 6 cent range. Then news came out about plans for drilling of Handcamp and the price rose to a high of 24 cents. That's a increase of 18-19 cents (say 18) for each KATX share due to the potential of finding gold at Handcamp. Now Handcamp has been transferred to BVIG (KAXG) which only has 1/4 the outstanding shares of KATX. Ergo, KATG should be worth a 4 times 18 cents or 72 cents. But wait, gold has been discovered so the property should be worth more that and 72 cents should be a minimum.

I posted above on the BVIG(KATX) board but most here own shares of BVIG so it should be of interest.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y