Good Afternoon everyone. Sorry i was not around during the day, 24hr flu sux.
Katx was .005 before it had 3 major runs.
It also had a tiny float before selling shares into there major run. I agree we may not be in the katx category yet, but If CNEX finds gold, and other minerals in these sample things could escalate very quickly.
They may have the results already, and are preparing to do further work for all we know.
Raising the Authorize could have been done for many reasons. It could give them more shares to sell we know that. But it also gives them protection while the pps is so low to ward off big block buyers as well. There are many reason to raise the Authorized. I think you can only raise the authorized a specific amount of times as well.
I am disappointed like alot of you. Let's just see what happens.
Smitter SMTT
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