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Re: binks post# 95712

Monday, 09/13/2010 2:51:40 PM

Monday, September 13, 2010 2:51:40 PM

Post# of 233166
I understand your frustration as everyone else. But, lots of people already explained including EROCK why PPS took such a dip. It ran too fast on expectations of Handcamp drilling and when that was bought out by BVIG the uncertainty took a toll on KATX PPS. Now, with Rusty Ridge being drilled any day now (and it belongs to KATX) things will quickly turn around. Where there is a doom and gloom, there will be lots of cheering soon. You can never pinpoint the total bottom or total top, but I am happy with my buys even if it is not at the lowest (don't see it going much lower and I will take that chance with KATX releasing PR any day now). With so much DD done on Rusty Ridge and if results are even a fraction of what everyone thinks, I don't see KATX PPS lingering at this range much longer.

GLTY and cheer up.