Replies to post #105713 on KAT Exploration Inc (KATX)

[relikwie]

Mo, Cabot is a valuable asset to KATX which will be proven, but the focus right now and the company's reputation short/mid term is with RR, right now.

[the cork]

That's impressive, ... but in the ground.

[Funaboard]

Your words...

from the CABOT BROCHURE!....EVEN AT A QUARTER OF A MILLION TONS OF COPPER ITS MASSIVE!! DO THE MATH. AND THIS ISNT EVEN FACTORED INTO OUR PPS FOR NOW.....

The primary exploration target on the Cabot Property is volcanogenic massive sulfides, which are often associated with stringer/stockwork feeder pipes resembling the Cabot zone. However, potential for significant mineralization also occurs within the stringer/stockwork feeder zone. This is indicated by the assay results obtained in Hole No's CAB-98-07 & 08, which respectively returned 1.90% Cu over 2.78 meters and 1.33% Cu over 3.66 meters.

* Sulphur isotope analysis were conducted on samples collected from the Cabot zone (A1 Sangster - GSC, 1998). The positive isotope values obtained are thought to be related to a content of heavy seawater sulphate mixed with primitive hydrothermal sulphate that is commonly near 0 per mil. The results obtained from the Cabot Zone were found to be similar to some of the sulfide deposits found in the Betts Cove ophiolite complex, located on the eastern portion of the Baie Verte Peninsula.
14 British Canadian Mines Limited & PNL Ventures Limited
The Betts Cove Complex has seen the operation of two copper deposits, the Betts Cove and Tilt Cove Mines which produced 120,000 tons at an estimated grade of 10% Cu (concentrated) and 8.1 million tons averaging 3.0% Cu respectively.

Gold Potential During the fall of 2003 British Canadian Mines Limited embarked on a four hole drill program over the so called Noranda “Marble Cove” quartz/serecite vein. All holes intersected an altered gold bearing zone with best results from hole #2 with 10 grams of gold per ton over one meter. Hole one and two are 83 meters apart and are open at depth and along strike.

From a poster in Nov 2009

Er0ck
Share
Sunday, November 29, 2009 2:06:48 PM
Re: None Post # of 132247
Good god, please stop saying the "float dryed up" or "its consolidating" and thats why it went down last week. No one can draw any logical conclusions to what happened last weeek yet. Why? Because it was one of the biggest holiday weeks of the year! Most of the big boys either went home every day at noon or didn't show up in the first place. This is a MAJOR factor in what happened to the PPS.

Right now we have no idea what this week will be like. Why is that? Because we don't know exactly how much of an impact the holiday week actually had. We don't know for sure if the pps dropped mostly due to the fact the volume dryed up after lunch due to the holiday OR if people were actually selling off. We know the holiday played a big role in it, but was that role driving a pps down even more that was already heading down in the first place, or did the holiday actually set up the conditions for it going down, and thus, the main reason for the pps to drop was simply due to the holiday it self and no other real sell factors.


We wont really know what happened for sure till this week. We need to see how it will trade this week. If it picks up, and starts going up again, then you can write off what happened last week as nothing more than a holiday induced pps drop.

If it keeps going down, well then there is other things at work here.......



And for the love of god, stop posting 20 charts a day people ok? We get it, theres some people on here that "know" how to read charts and patterns like Spyder fibs and so on, thats wonderful..... Theres just one tiny little problem.... THERE USELESS.

This is a penny stock, you can chart this thing all day long, every day, which apparently many of you do here, and still have no clue what is going on. So far, not one "charter" on here predicted this stock going up 700% in a week, nore did one single "charter" predict this going back into the sub 2 cent range. In fact, pretty much every single charter on here predicted this would go up to .05 to .10 last week..... Wow you guys were soooo close!

Charts are mildly useful on stable, non-penny stocks. But it's laughable to try and use them on a penny or sub penny stock. Both the short term and long term movement of penny stocks are determaned mostly by news. Specially stocks with low floats like this one. All your charts can say that this is in position to hit new highs next week!, but if no news comes out, or bad news comes out, its going right back down. Same thing can happen if your charts all say its going to pull back, and consolidate some, then a good pr can come out and it will shoot back up.

Point being, penny stocks rarely, RARELY trade on fundamentals. The only pattern they follow is based on what company news comes out. These stocks don't start trading on fundamentals till they get closer to the dollar mark, then they start to stablize and calm down in most cases. Untill this happens, looking at charts and trying to find special trading patterns to help you predict what this stock is going to do next is POINTLESS.