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Re: eddiebali post# 100141

Thursday, 10/07/2010 9:20:06 AM

Thursday, October 07, 2010 9:20:06 AM

Post# of 233158
I am confused. How can an announcement that drilling at our most important property Rusty Ridge will start next week be considered a "fluff PR"? That makes no sense. It's not a fluff PR, drilling Rusty Ridge is a material event if there ever was one!

I'm also confused because you wrote this in July:

deep pockets on the way
will be fully loaded up with katx
dumping others to buy at these prices
cannot believe my luck


Then much later (and presumably after buying KATX in July as you stated) you posted this...

What properties does Katx actually own???????????


And at the end of September you posted this...

trying to figure out what stock to buy

katx or bvig

so confused

katx has RR

Bvig has handcamp

whats the best option for a newbie who has missed the 16th cut off date


and this...

Buy katx or katg ?

Handcamp seems to be the priorty ?

We are excited about that property, but it is a property that if the Handcamp Gold Property starts turning out what we think it might, because of gold prices today, we may just continue with that one and do the Rusty Ridge a little later.

The only thing is, with the Handcamp Gold Property a priority, we are not sure if we will get a drill on the Rusty Ridge this year. If we can find the time to promote it and get a major company to come and use their money, well that will really help


But now you are saying this...

REVISED TARGET .0475

20 days languishing at .08 and rewarded with a fluff pr
Yesterday the dam well and truly broke
Technicals rule with no news to drive the stock upwards
winter is upon us
Stops will be taken out
.05 is a certainty followed by .04s

In my opinion katx management hasnt got the experience, know how or funds to deliver in the short term.


And I don't understand where you are coming from! I'll leave aside the buying decisions, that's not so relevant, but what about Rusty Ridge? If Rusty Ridge is important (which you appear to recognise it is) and if we are ahead of where you feared we would be (ie drilling it this year) then why is it a fluff PR and why are you saying winter is upon us or that we have no news? We will certainly hear back with results from Rusty Ridge this year and we may even be able to start Phase II at Handcamp. You were loading up in July at much higher prices and meantime management have delivered both a drilling programme at Handcamp and now at Rusty Ridge.