Replies to post #95712 on KAT Exploration Inc (KATX)

[pooter03]

Well, think of it this way. We are buying in this early because we are speculating on good results, most likely from RR. If the price stayed in the .20s and RR bombed, we'd end up losing a lot of money anyway.

Of course if we get great results and the stock doesn't move, then we are in trouble.

[m1florida]

I understand your frustration as everyone else. But, lots of people already explained including EROCK why PPS took such a dip. It ran too fast on expectations of Handcamp drilling and when that was bought out by BVIG the uncertainty took a toll on KATX PPS. Now, with Rusty Ridge being drilled any day now (and it belongs to KATX) things will quickly turn around. Where there is a doom and gloom, there will be lots of cheering soon. You can never pinpoint the total bottom or total top, but I am happy with my buys even if it is not at the lowest (don't see it going much lower and I will take that chance with KATX releasing PR any day now). With so much DD done on Rusty Ridge and if results are even a fraction of what everyone thinks, I don't see KATX PPS lingering at this range much longer.

GLTY and cheer up.

[GoNiners]

I know...but I'm already past the denial, anger, bargaining, and depression stages. Now I am at the acceptance stage...that pink stocks will do whatever they will independent of good PR and positive drilling results and whatever the MM's will them to do.

If I knew now what I knew then I might have sold at 0.17 instead of buying. But I don't know about RR. I'd be hard pressed to sell at 0.17 even after knowing what happened after HC results. RR seems to me to be way more a slam dunk compared to HC's outside shot.

Going down is what KATX does best....haha...still giggling. <ouch!...that hurt again>


GoNiners