Replies to post #9546 on KAT Exploration Inc (KATX)

[Er0ck]

Short term anything under .02 is a very great price to buy in at. The new bottom appears to be around the .017 level so far. Long term, anything under $5 or $10 might be a good buy in lol. Wont know till the news hits and this starts moving. But as I said in my other post companies like KATX with far more dilution and far less spectacular properties have had no problem moving from the penny to $3 - $12 dollar range very quickly.

Also want to add something else that might have got over looked in my other post. These type of companies don't always expload right away on great news like a JV or test drilling. I would expect KATX would expload up very quickly do to the very low OS but it might take some time. Either way it WILL go up. Some of these companies go up big in only a few days, others take a few months.

UXG is a great example of this. They went from soemthing like .06 to $3 bucks, but it was a slower rise that took over 4 months to hit the high of $3. And then it took another 5 or 6 months to hit the high of $3.50. Others have gone from around .20 cents to over $10 in a few days to a few weeks. Just all depends on the news, the results of any type of test drills and the OS and other aspects like that.

Mine exploration companies like KATX are like Biotechs, they don't make any money for the first few years, but like biotechs, when they get their first drug approved by the FDA, they shoot up. I was in one this past spring that went from 20 cents to $1.85, and saw another one go from $2 to $25 in a few days. Of course in our case our drug is "gold" and other rare earth metals, but when we hit it, these companies shoot up as well just like the biotechs.

But heres the kicker, we already found the gold and coper and silver! All we are waiting for is the money for the test drills, which I believe we alerady have and are just waiting for the CEO to complete the deal and annouce it. This is the classic time frame to buy a mine exploration company right before it really takes off and runs to the hills.