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tradersrule

01/26/11 2:12 AM

#127495 RE: ShamsSyed #127492

If u dont make money even after 2/3 yrs.. then atleast u will get back what u invested ( more or less).

I don't believe this statement should be construed as truth. Penny stocks with no info put out in 2/3 yrs. , or disappointing info, can and DO literally go to 000s. I'm not saying that will happen here, but I don't think it is right to give ppl a false sense of security....whether it was intentional on your part or not. Once upon a time, I was in a couple pennies that I thought 'couldn't get any lower'....and guess what? I ended up writing down my entire cost basis as a tax loss. Again...not saying it WILL happen here, but believe it can happen! MO ........rule
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mappo

01/26/11 3:33 AM

#127496 RE: ShamsSyed #127492

ShamsSyed ..... 2 years is about right.

Agree with you.
The potentials are there with KAT.
Newfoundland is known for mineral-Rich.
VALE will be there for a long time.
Agree, 2 to 3 years is reasonable for KAT to work on
those properties.
No short cut around it.
Patience.