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Anthem

07/14/10 10:07 AM

#74873 RE: enron crook #74872

Most appear to be operating under the idea that EOD on Friday is last to get in for distribution.

Mr Rollup

07/14/10 10:07 AM

#74874 RE: enron crook #74872

With no selling?

Bang Bang

07/14/10 10:08 AM

#74875 RE: enron crook #74872

Correct, they are not important to "traders" of this stock, but to "investors" they are quite important and will have a lot of value in the coming months.

admaiora

07/14/10 10:11 AM

#74881 RE: enron crook #74872

I am long here but I believe people understand that those shares are not free....KATX pps techincally should diminish in value to offset the new BVIG pps once we know the float ad all the other info.
Having sayed that I still think we will have something happening here really soon. I don't think Ken will disappoint his shareholder

elcheepo

07/14/10 10:12 AM

#74882 RE: enron crook #74872

I marked your post.
We will see what the BVIG divi will do to the PPS by the end of trading on the 15th.

scubastevemd

07/14/10 10:12 AM

#74884 RE: enron crook #74872

Probably not as they may think a sell off occurs after that date and they would be left holding the bag. Not saying that happens, but it is a possibility if we do not have either a holding period or news to support the price. The more predictable the stock becomes the better for the traders to try and walk the stock down or up. I'm in hopes that we get some good news soon on both the gold and copper sides to support the price. I suspect another 2-3 weeks at the outside for results from the first batch of drilling. I also think that withing the next 30 days they start drilling RR, since it took about 2 months to start drilling Hardcamp from the time they mentioned the drilling 'program' was starting.

stervc

07/14/10 10:43 AM

#74916 RE: enron crook #74872

enron crook, with that thought...

That's true for now, but it does appear that the free BVIG shares are more important to "investors" of KATX and BVIG. I think that such was the primary intention of the company.

I think those that viewed the share distribution as the company using a means to pump the stock are sadly mistaken. I think it’s obvious that such was not the case. The share distribution was used as a means to quicker position the company’s assets into the OTCBB (a higher exchange) where transparency is very important for the company moving forward and graduating to attract more sophisticated types of investors.

Also, I think the company wants to do this in a way to reward their dedicated shareholders and not to focus so much on those shareholders looking for a quick flip to move on. I think what is happening with the share distribution will prove to be awesome for both BVIG and KATX shareholders. I am staying tuned.

v/r
Sterling

dragon52

07/14/10 10:58 AM

#74925 RE: enron crook #74872

very obvious... margin players need to buy in today

since the 3 day settlement rule may play a role in securing the dividend or not... volume dictates that not many care about the dividend nor want it. lol

glty