Awesome Post .. Sure - things didnt work out as they were said .. And i agree HYPE was the main reason for our (shareholders) downfall. Thanks to some bigotry idiotic stmts by few.
I am holding because: **I believe KEN is the right guy and has been around in this business for a long time. Cornerstone.. Heard that he was also involved in JV's with cornerstone. **The quick land claims he did on Lucky, HC or RR is an example of a good leader who wants to maximize his ownership. Call him a dreamer but i take him as a BIG risk taker. You have to in any form of business. I like that attribute in him. I think he knows there is some thing there but just needs time to prove it. **I believe he is quiet now and he has all the reasons to be aswell after all that stupid idiotic crazy PR's they had started to send out & that said kinda threw our creditability out of the window. People started laughing at us. I think he is waiting for the NEW IR team to jump in and start updating professionally. ** Vale would not have jumped into LUCKY - had they not found or thought of lucky being valuable to them in the first place. ** Ken is trying .. GUYS - Exploration companies arent like Pharma Stocks - This Shit takes time. Wait for the second hole2 - it shows promise and even that fails then we should try third hole - RR is a big PROPERTY !!!! - its not the size of ur back yard FOR COMMON SENSE sake people. ** I think ken got into this awkward corner .. every one that i know of was writing to him .. there were some peeps here that were calling him left and right. That was nothng short of harrassment. HIS MISTAKE is that he actually picked up the phone and answered. LOL - He has a PR Guy - let him do the talking. BUT he was a nice guy and he cared for his investors. SHOWS he has a heart and feels for us. JACK i know is an idiot .. they should have taken time out and addressed every one at the same time. Also there were rumours that some people might know more then others..THUS creating the creditibility issue. ** Financiers need thier money - BUT since we dont know the details on financing yet - I dont want to jump on conclusions because to be honest - i dont know. I think if i was a financier then i would some how know few details that you would not know. Imagine this - Go to the Bank and ask for loans. They will def ask you for your employment letter or ur Home as a collateral. People that are financing are definately going to see the details & check katx claims of hitting a home run. Again - They can be good or they could be bad. This is ur call. ** KAT had a seminar at the convention center last yr & it was a pretty good one too. They had some real stuff to show and mining companies def had shown interest in them too. RIGHT AFTER there was a JV on Lucky.. if u all can remember ** if you go to katx website - they are already getting JV offers on RR .. Ken doenst want to spin this baby off because i think he believes too much init. Ken knows what he is doing and u and i dont. ** I COULD BE WRONG on this ONE - IF he doesnt get financing. I am sure he can sell these claims off for a JV.. I think there is enuff interest in that province for land. Most Claims have already been EATEN up By Vale. BIG GUNS are not going sit back and let this slip away. REMEMBER : VALE is building a 1.2 billion dollar refinery. THAT IS NO JOKES !!!! ** Remember the cornerstone Claim few days ago - they think they have REE's in one of em hills.. YEAH - Thats pretty close to our property and u know what.. They also mentioned KATX in thier PR. Some FOOLS came on here and started a conspiracy theory.. JESUS. They will doubt any thign and every thing but believe in urself and ur OWN DD
My GuT feeling tells me to trust him .. i will and i am willing to take the chance to either gain BIG and take a HUGE loss. Thats the way i guess i invest and maybe its because i love katx and becasue of the DD i have seen on this Board.
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This company might sink or it might rock !!! We as investors have to make those decisions and if one thinks this is the time to get out / fine then do what is best for you. I might just stick around myself (MIGHT) - i still see a pretty big potential in this play. U just never know .. !! things change way to fast in these pink plays. Just one PR - people forget every thing and jump right back in.
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