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mappo

01/05/11 11:18 PM

#122717 RE: Grahamber #122714

Grahamber .. Great Post.
You said it well.
Friendly country is very important for any business.
Good luck & happy new year to you.
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Matej123

01/06/11 12:21 AM

#122718 RE: Grahamber #122714

A Smart Man said this.... I know that having the share price of KATX drop so much is frustrating. I too am frustrated. But Let's focus on what we do know now about KATX. Ken Stead is (in my opinion) an... hon...est man. He is not a public relations expert as witnessed by the clumbsy press release about Rusty Ridge REE's. Clumbsy PR aside, we all need to wait and see what is actually reported as the actual assay results for both holes drilled at Rusty Ridge. That is what is important and that is something that can drastically improve the KATX share price, if those results are positive. What is in the ground matters most. The distractions about the BVIG shares are not as important right now. The only stock we actually have in hand are KATX shares. The BVIG shares should follow shortly after the S-1 is filed. That is my hope. I have been in touch with the Transfer Agent and they are not gagged (to my knowledge). They simply do not yet know anything more than we do. They get their information from KATX and as of my last contact with the TA they know exactly what we know. Keep in mind that KATX is a non-reporting Pink Sheet stock, so the share structure is being reported to OTC.BB and can be found on the OTC.BB Katx link. I have watched many stocks have fluctuating share prices and KATX (an BVIG) are long term plays. 18 months to three years before we get everything involved with multiple properties figured out. It is possible that BVIG and Handcamp could have sufficient drill results to persuade another mining company to option a JV or actually execute a JV with BVIG. I do not know if anything like that is happening, but it is possible. It is also possible that KATX Rusty Ridge will develop positive results on REE's so much so that another mining company could be very interested in a JV option or an actual JV. We won't know until Rusty Ridge results are fully disclosed.
I hope that we receive some more specific information from KATX on the assayed drill results before the end of January. I hope we get our BVIG shares by 1-17-2011 or as soon after that date that is practical. Right now we as a collective group of longs need to take a deep breath and await the outcome of several events. It is easy to get spooked by the fluctuations of the KATX share price of late. But we should stay calm for now and see what actually develops.
We have two choices, really. Sit tight for a little wjile longer and see what develops or sell out our shares and lock in a substantial loss that might in a few weeks or months be a gain. I can not tell the future. I rely on my DD and my experience and my gut to make my own decisions. I hope we all come out of this situation smelling like roses.
I am going to wait a while longer with my shares. I do not know if I will be sorry I did or delighted that I did. But I will follow my research, DD experience and gut in this case. I will not surcumb to my emotions as a result of the fluctuations og the KATX share price at this point.
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Funaboard

01/06/11 3:09 AM

#122724 RE: Grahamber #122714

I agree with this statment 100%

All I will say is that I have approximately the same amount of shares as I did during the dividend split back in July. There is no way I am going to give into fear after holding this long. KATX has 8 properties if you count HC and anyone of them could take us into dollars.

There are so many Junior Mining Stocks that have PPS about the same as ours that are bogus or have one or two properties. And some are in Countries that they behead people for looking at them wrong. KATX is in the friendliest mining country in the world and in one of the hottest mining areas as well. So much so, that Vale is building a 2.8 Billion dollar smeltering plant to process metals.

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B402

01/06/11 9:25 AM

#122746 RE: Grahamber #122714

I can appreciate your position, its actually one of the reasons i have been posting as I have. Many that I know have watched their profit or principal dwindle down. Mostly based on hopefull dreams of making it big.

HC was a second and third hand property which is at a 50/50 deal. I remember Ken dening that HC was a historical property claiming they were actuall 10k away. The sure enough they used that same data to try and tout HC just before and after results..Further more many consider the HC deal with Investors a Bait and Switch. Katx suffered for that move.

Instead Katx was handed RR two drill. Touted Highly by the Company to be the next Olympic Dam...Nope, maybe REEs but no Olympic Dam.....we shall see if it can produce

At some point the company must produce...there are many companies out there that have second hand properties that they tout and slowly dilute making their money through shares instead of minerals...

Whats Next is just a way of stringing along investors. Now you bring up Cabot. More historical data. With the current and future need for minerals, no one, no one is going to sell hundreds of millions of minerals for pennies on the dollar. Yet the Pinks are full of such claims and properties..

I would like to think Ken an Katx are completely on the up. After the past and all those shares sold recently I do begin to wonder. If he is still legit, one must start to wonder if he is capable and has he choosen good properties...Lucky looks good, but futuristic, cabot bothers me and all the others will need to start fresh and are at least another season away..

So. Do people continue to Hype a property to be disappointed time and time again...

I say its time to keep the hype down, atleast protect the newbies who might believe pure pump. Maybe get the longs who believe and have suffered to atleast look at the company, their properties and their history with a tad of scrutiny

Now all I have been saying is that it is time to Find some minerals. If none are found here and now, investors will take another major hit. and it will be some time before they can recover..BTW smelters run on minerals, not hopeful dreams..

All can say as they will about why I have Posted the way I have. I have been cussed and thanked..

From my Jumping days to investing, fear and respect keep one from making foolish decisions. I will not say That Katx is one of those. But to me, conditions are such that a jump today may not be worth the risk.....

Good Luck to All here, Personally I will be studying and waiting for newfie and Brainstem's assement of results... Here are two of their Posts on what to look for.

Best of Luck to you sir
And all

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58441423

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58433674
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abr90

01/06/11 10:16 AM

#122768 RE: Grahamber #122714

Grahamber very well said. I am with you on this.....have not sold a share.
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tnzalu

01/06/11 10:17 AM

#122770 RE: Grahamber #122714

A triumph of reason Grahamber, thanks for the post.