KAT Exploration Inc (KATX)

[penniesfromheaven1]

Thanks for the excellent explanation.

KATX is hopefully a better company than GNXP, which kept its investors waiting most of last year for drilling results. It had traded over $1 but is now in the 10c to 20c range. Tuffnell exploration also had a run over $1 also partly based on a push by Elite Stock Report, etc., but is now around 50c. There are dozens of precious metal exploration or mining companies competing for investor money.

I saw "Gold Rush" Alaska last night, with a group of unemployed Oregon men trying to hit it big on a gold digging operation. The percentages are not good in that type of situation. Of course, the professional exploration and mining companies are in a completely different league.