Okay, Lets discuss each of your concerns about KATX. These appear to me to be circumstancial concerns and not actually based on facts, so we will discuss based on the circumstantial concerns.
OK … facts you want – as to why KATX should go lower:
- NO positive PR for weeks – an undetermined time for any future PR – just hopes
All of the PR's from KATX are positive in nature and as informative as the rules allow. Since KATX as a company is not pumping their stock, they put out PR's when they are called for. Not just because some investors on a board "want one."
- PPS has gone from .25 to .15 to .08 in a relatively short time
Your perspective on the dramatic share price rise may be missing some critical information. A group of short term "pump and dump" investors quietly bought up KATX shares and after the GROUP had bought enough they came onto the KATX board pumping the stock with all they had. They started buying about the end of March 2010 with over 14 million shares bought with a closing price of .078 that day and the Historical prices will reflect a sudden increase in both daily share volume and in price. They drove the price up to about .25 as a high of the day for about a week in late May 2010. After that the share price has been in a slow decline back to the original share price in the .07 and .08 range. KATX was not responsible for the share price fluctuatiuon. Short term traders and possibly some MM's with them were responsible. The day traders manipulating the share price is not a reflection of the value of the properties and the future potential for a legitimate increase in KATX share price. I do not see the share price fluctuating as any kind of a negative on KATX management or properties or future prospects.
- HC results were NOT stellar
8-25-2010: KAT Exploration, Inc. and Bella Viaggio, Inc. Handcamp Drilling Intersects Very Encouraging Gold Mineralization at Shallow Depth ih.advfn.com/p.php?pid=nmona&article=44136259&symbol=BVIG
According to Ken Stead (who just happens to be a Geologist as well as the President and CEO) stated "With data collected so far and the very encouraging results from this first phase, the company feels that this project warrants a full scale exploration program to determine the true significance of the deposit. With just four areas drilled at such wide intervals within such a large structure and the fact that we intersected gold in all 12 drill holes, we feel there is high potential for further encouraging results within this mineralized structure. Also the number of targets yet remaining to be tested outside this determined structure lends itself to a high degree of optimism that this project will be of great value to the company." That all sounds pretty stellar to me.
- NOTHING on RR – as yet
Can't argue much on RR. We need some updated information soon.
- Many posters have expressed their “fear” of losing more $$ on KATX than they already have
I have never invested in any stock that the investors did not express "fear" whenever the share price dropped below their buy in point. It's the nature of the beast.
- OS does not (seem to me) to be COMPLTELY clear
The subject of the A/s and O/s has been discussed at length and there is no confusion that i can discern.
- KATG/BVIG distribution/value/effect-on-KATX is Unclear
I agree. But with the issuance of the remaining BVIG shares and the company advising that the shares will soon be distributed (UNRESTRICTED) should solve that problem shortly.
- Comparison with other mining company’s properties are imprecise and possibly VERY wrong
Comparisons of other mining properties and companies are simply going to occur. Unless the provable minerals in the ground of the properties being compared are in fact similar then it is not a useable comparison.
There will always be immature investors in every stock making unverifiable predictions. That says a lot about the individual investors but nothing about KATX/ BVIG.
- Attacks on posters who disagree as to where KATX is
There are way too many sensitive people on Bulletin Boards whose skins are just not thick enough.
YES … this may NOT be true DD …. But, it leads me to a TREMENDOUS feeling of UNEASE with where KATX is and going to be … so far, my advice is NOT to invest NOW = it probably will go lower (.05x>.06x) … maybe when some GOOD TRUE PR comes out, it WILL be the time.
I understand your discomfort about a share price that drops or one that YOU believe may drop further. Your "OPINION" about the company and the share price are valid to YOU. Sometime all we can do is relay on our own experiences. I do, however, have a problem with folks who feel the need to "ADVISE" others what to do on a bulletin board..
My thoughts = YOU DO NOT HAVE TO GET IT AT THE HIGH or LOW TO MAKE GOOD $$ HERE – WAIT FOR POSITIVELY/VERIFIED GOOD NEWS AND CHASE IT QUICKLY!
The other option is to "INVEST" long term and not worry about the share price as most traders do. Long Term Investors who have done their own Research and DD sleep very well at night and do not so much worry about the daily fluctuations in share price. I prefer to do lots of research and use my experience to make up my mind about any stock and then invest long term, if the stock deserves to be a long term stock. I have traded and I have invested in stocks. On KATX / BVIG I am long term.
I have tried to respond to each of your statements with as much circumstantial info as I can with some of my own Opinions thrown in. But I prefer not to give advice.
Thank you for your civil reply. I will be glad to discuss any of these matters further with you.