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Max Power

06/08/10 11:15 AM

#59181 RE: snow #59165

Junior Explores really aren't priced based on their properties like that unfortunately for me. (SxxR would be trading at a buck if they were) KATX is valued by the market due to speculation of forward events, including the handcamp property, but ALSO including all of the 'goodies' like we saw today. People see a value in this and that will drive the future value of KATX... I don't think it is wise to 'talk your investment down' in my humble and strong opinion. I really don't think it is a good idea at all snow.
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Defuser

06/08/10 11:22 AM

#59198 RE: snow #59165

How did you come up with that 20% calculation? Nobody knows the value of any of the properties.
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Rick-UK

06/08/10 11:22 AM

#59200 RE: snow #59165

I'm not going to argue about the dubious percentage value you place on handcamp relative to the remainder of KATX, except to say that so far as I can see it's very difficult to judge that right now.

Instead I want to explain why your math is completely wrong. You have forgotten to account for the fact that in order to maximise the value from Handcamp, Ken has moved it into an OTC/BB shell where it will be able to achieve its potential. Your plan to leave where it is in a pinksheets exploration company is one that Ken has rejected. Of course you could be cleverer than Ken, Tim, Jack, the Wall St law firm partners, the financers and whoever else is providing consultancy and advice on this, and maybe you know more about both the financial markets and the Handcamp property than all of them combined... but my money is on ken and his team rather than on you. No offence.