KAT Exploration Inc (KATX)

[Jackroch]

Thanks for the answer and your thoughts. It did help.

I guess we will see. Anything could happen, really.

NERVOUS LONGS. Hopefully the PR has done enough to help assuage the nervousness of some longs. If some bought when this stock was up in the .10s or .20s and they didn't bail when it hit the .02s, I am wondering how many of them would bail NOW when it is starting to go back up and is around the .05s. Maybe some will decide to cut their losses at this point if they think this is as good as it gets or if they want to re-enter at a lower level. Maybe longs will hold their shares and even buy more.

FLIPPERS. Perhaps the prospect of future results will keep some "flippers" in the game. Even if they got in thinking to play it VERY short, some things in the PR might get them to stick around a little. Maybe not. I am not good at the flipping thing and I don't really do it. There are some real pros out there. The fact that the PR specifically puts certain events, including the Rusty results and the uplisting, into the medium range future may make them stick around at least that long. Seems like some weeks.

At this point I have bought as much of the stock as I can. I am out of money for speculative investments, of which this is one. I own few things as risky as KATX. I think most KATX longs are well aware of the potential risks and rewards. Maybe other longs will keep buying and maybe they won't.

It promises to be an interesting few weeks, IMHO.