Replies to post #87554 on KAT Exploration Inc (KATX)

[balihi]

That would be a major mistake,you still have time to decide.

[rokosnik]

I don't think we will see 0.18 with no news.

[StocksGoneWild]

uhh, didn't we see .25 with no news? I totally disagree...KATX has had it's best runs with long lulls in between PR's. And the only reason why the pps has slid a little south is because people have either been caught up in some of the emotional nonsense that i've seen on this board, or they invested/risked more than they could afford to have in the market and had/have to bail.(I am not saying that you are either of these people) but its unfortunate because I believe that we are right around the corner from drilling Rusty Ridge...a deep drilling program right into the heart of the most beautiful IOGC/Olympic Dam type deposit. And its HUGE! So big that it could be a deposit of lead and we'd be in great shape. Watch what happens to the stock price when they announce that they have started drilling Rusty Ridge and are days away from poking the drill all the way through that monster...right through the vent at the bottom...

President and CEO Ken Stead stated, "This project will be very significant for the growth of the company if the defined targets at depth prove to be a multi-mineral ore body similar to that of the Olympic Dam, or any deposit for that matter. We know the targets are very intense and now we are ready to prove what they are by means of a series of deep drill holes."

http://ih.advfn.com/p.php?pid=nmona&article=43253742&symbol=KATX




IMO KATX is a pure investment...not a flip, or even a swing trade. I'm Go'n way long here. I'll be right here holding tight when they drill Rusty Ridge. I'll be here when we hear what VALE Inco has to say about Lucky North and South...i'm sure i'll be here for Cabot, Clifton, Twi-light, colliers, phase 2 on the Handcamp and anything else they come up with in between. KATX has awesome properties, and seem to be well funded and very aggressively moving their projects forward...they seem like honest and hard working people too. Thats a big deal to me when investing in pinks(very rare). Oh I should probably add that the lack of dilution here has been incredible. You will be very hard pressed to find another pinksheet company to invest in like this one. And anyone who feels like there has been some sort of "delay" just havent been through a drill program before. They take a little time. In fact we should be greatfull with how fast we are actually moving. We know from Jacks email that we finished up round 1 on Handcamp just a few days ago...They rushed all of their samples and even rushing samples takes at least a week...my best guess is that we will see something(lab results/assays) maybe late next week...and i'm also guessing that they will be great. No way would any of them even be talking about a phase 2 if they were bad. IMO everyone here should just treat their KATX and KATG and maybe KATC shares like an investment or they will one day look back and say DAMN! I should have held that KATX. Don't let it be you :-) Hold em tight!

[pkp544]

I'd love to get there but unfortunately, we will not see .18 without news IMO. We will bounce between the 50 SMA and hopefully .12 until we get an RR update or HC results. We went to .25 with no news but we were on the north side of the 50, 20, 10 and 5 SMAs and EMAs with no recent resistance levels...in blue sky breakout territory. now we have the moving averages as well as the SP resistance levels to break through, which are levels were sellers sell. It takes lots of buying power to break those areas...just the way it is for now.

In time, we will smash through .25, .5 and well over $1.00. BUT we have to drill those anomolies on RR first.

While we wait, I get closer to that 1 year mark to make the amount I pay to my uncle sam a little less. :-)

GLTA,
PKP

[santa cruz]

The market has news now! Gold is up!!! Katx company is working on multi-million, billion? strike potential and may provide $100.00 plus price per share in the future, and everyone is concerned about news coming this week to push the share price to .18?

If flippers are happy with 100% gain, good for them, but I am letting these egg sit for a year or two to hatch, releasing golden eagles and I can retire. GO KATX,KATG!!

[mappo]

admaiora - Vegas is for you.
if you want quickies in stocks,
you won't find many so you should try
Las Vegas instead.