Replies to post #108389 on KAT Exploration Inc (KATX)

[rubber duck]

I think that's the smart play here. Obviously you might have to buy in a little higher if it runs, but this stock for whatever reason has struggled to move up even in just short runs before it's knocked back down again. At this point, who really knows exactly how KATX will react even if the initial holes at RR are decent. It might just start to creap and trend up for all we know.

[santa cruz]

Let's get real peeps - we all know the share price is going further south, creating buy opps for some, angering others.

Let's all pray RR has some really HUGE finds, but how far up will that really take us? At this point, a huge PR about RR could bring a 100 percent rise in pps, maybe 200 percent in pps, let's get nuts and say 300 percent rise in pps - that brings us to approx .21 pps - what was the high pps a few months back, .25 ?

Will RR huge PR realistically bring 400, 500, 600 percent gain from our current pps, I don't think so. If you are a believer in being a long term holder, then buy more cheap shares and check back in 2 or 3 years from now and maybe we will have our BVIG shares by then, haha.

Go KATX!

Santa Cruz