The KATX story keeps getting better! This indicates to me the level of confidence Ken Stead has in his strategy. Hopefully it also helps explain to those who think this stock will take years to go up whilst mining gets under way that KATX is an exploration company and its big PPS gains will come from finding, claiming and proving the value of new mineral deposits, not from extracting the minerals years later.
Those are squares on a map. You sit on your chair and pick them. Map Staking. Now if there are some showings there that Ken knows about maybe it means something. New ground can become a liability because you have to raise money and go out and explore what you just claimed. Obviously nobody else wanted that particular area before KAT moved in just now. Why is it so good ?
I see many longs are starting to see the light of the length of time it will take to set this venture up to full running capacity. Red as we stand and a slow retrace as to two more weeks till possible news on drill results.
I will look to add in the 3's before the next big news.