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Re: Jackroch post# 123024

Thursday, 01/06/2011 9:37:50 PM

Thursday, January 06, 2011 9:37:50 PM

Post# of 233825
A few things...

Those are Kat Gold (BVIG) filings.
Access them here: http://www.otcmarkets.com/stock/BVIG/financials

I have no idea what's up with the noticeably larger volume the last couple days. It could be folks that already owned free-trading shares prior to KAT buying BVIG or folks who bought shares since. I know several KATX investors who did buy BVIG already.

As for the filings I referenced. My only point was that the brochure seems to suggest rolling all the KATX properties into Kat Gold, but the filings (as recent as Dec 22nd) state otherwise. So, this has me confused. According to the Dec 22nd 8-K, the company has no intentions or plans to do so, and doesn't have the means, even if it wanted to. It would be nice to see how things panned out with the discussions with prospective investors. I haven't seen any 8-Ks posted to notify us of such a material event. So, I'm inclined to think they don't have financing yet (if any). In which case, Kat Gold may have to sell shares to finance the company. The question is, at what price? On a positive note, at least if they did that, they'd sell at a fixed rate (per the filings), and at least it might give a little direction as to what the company feels those shares are worth...which will be invaluable in light of the (hopefully) soon-to-be free-trading "Handcamp "share distribution.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y