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Re: Grahamber post# 122714

Thursday, 01/06/2011 9:25:45 AM

Thursday, January 06, 2011 9:25:45 AM

Post# of 233823
I can appreciate your position, its actually one of the reasons i have been posting as I have. Many that I know have watched their profit or principal dwindle down. Mostly based on hopefull dreams of making it big.

HC was a second and third hand property which is at a 50/50 deal. I remember Ken dening that HC was a historical property claiming they were actuall 10k away. The sure enough they used that same data to try and tout HC just before and after results..Further more many consider the HC deal with Investors a Bait and Switch. Katx suffered for that move.

Instead Katx was handed RR two drill. Touted Highly by the Company to be the next Olympic Dam...Nope, maybe REEs but no Olympic Dam.....we shall see if it can produce

At some point the company must produce...there are many companies out there that have second hand properties that they tout and slowly dilute making their money through shares instead of minerals...

Whats Next is just a way of stringing along investors. Now you bring up Cabot. More historical data. With the current and future need for minerals, no one, no one is going to sell hundreds of millions of minerals for pennies on the dollar. Yet the Pinks are full of such claims and properties..

I would like to think Ken an Katx are completely on the up. After the past and all those shares sold recently I do begin to wonder. If he is still legit, one must start to wonder if he is capable and has he choosen good properties...Lucky looks good, but futuristic, cabot bothers me and all the others will need to start fresh and are at least another season away..

So. Do people continue to Hype a property to be disappointed time and time again...

I say its time to keep the hype down, atleast protect the newbies who might believe pure pump. Maybe get the longs who believe and have suffered to atleast look at the company, their properties and their history with a tad of scrutiny

Now all I have been saying is that it is time to Find some minerals. If none are found here and now, investors will take another major hit. and it will be some time before they can recover..BTW smelters run on minerals, not hopeful dreams..

All can say as they will about why I have Posted the way I have. I have been cussed and thanked..

From my Jumping days to investing, fear and respect keep one from making foolish decisions. I will not say That Katx is one of those. But to me, conditions are such that a jump today may not be worth the risk.....

Good Luck to All here, Personally I will be studying and waiting for newfie and Brainstem's assement of results... Here are two of their Posts on what to look for.

Best of Luck to you sir
And all

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58441423

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58433674
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