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darbyflier

06/25/10 1:44 PM

#67703 RE: stokes1 #67701

I suspect there will be very little motivation to dump them as the drill results will be pouring in. Quite the opposite might be true. To me, what you suggest is an unfounded or irrational fear about the restriction lifting.
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Stayahead

06/25/10 1:44 PM

#67704 RE: stokes1 #67701

Also allows the owners to make decisions for the good of the shareholders without having the volatility that comes with OTCBB shares.

That is a good thing!!!!
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john10204

06/25/10 1:44 PM

#67705 RE: stokes1 #67701

What is there to fear? They are free right? Didn't pay a penny for them...I think the idea is not to join in a massive selloff when restriction is lifted to but hold long term...right?
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Jay Jay

06/25/10 1:45 PM

#67706 RE: stokes1 #67701

But what can you do though? This is just how dividend shares work. Sure, they could restrict some half of the shares for 6, the other 12 but that wouldn't be fair.
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TAonly

06/25/10 1:47 PM

#67709 RE: stokes1 #67701

Thats what I am concerned about kat stock. Im scared the day after the divy date the pps will drop like a rock unless the company comes out with something that will hold the interest of shareholders and prevent this from happening. Should get real interestng to say the least.
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Breakout

06/25/10 1:48 PM

#67711 RE: stokes1 #67701

You are assuming everyone would want to dump. If they hit something one one of the property and the stock is undervalued. The longs will hold for more profit and those who dump will be replaced by those wanting the long value of the reserve. Yes you may have a week of volitility but value, if there is value, will always bring the price back.
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goob83

06/25/10 1:53 PM

#67715 RE: stokes1 #67701

AHHH but I disagree. the cool thing here is yes they set it up for the common man to dump after 6 month but did you notice 12 months for officers and directors.
I am hoping this will keep the shares tight and provide confidence to longs. It will also IMO give strength to the stock now showing they officers are committed to the dump that will occur in 6 months. They are locked up for 12 months to play the bounce and triple up on the dump. I would be worried if the officers and directors had the same restriction date.

These shares will be restricted for six months for common shareholders and 12 months for Officers and Directors of the company. KAT Exploration