News Focus
News Focus
icon url

Gooddolphin

01/26/11 5:26 PM

#127660 RE: mappo #127658

I'm in for the long haul... (It's an investment)... :)
icon url

Funaboard

01/26/11 9:34 PM

#127672 RE: mappo #127658

Your post is so true.

Here let me say it too:

And HAND CAMP showed gold with all 12 HOLES, and lots of SILVER.
icon url

Grahamber

01/27/11 12:48 AM

#127691 RE: mappo #127658

Great Post, you framed the thoughts of many longs darn near perfectly.

Hole #2 on RR is important, but it is not a deal killer. The land shows Copper and REEs everywhere!!! KATX will continue to look for where the minerals are coming from, but hopefully hole 2 is the start.

icon url

snow

01/27/11 10:35 AM

#127737 RE: mappo #127658

mappo

"Also, naysayers hate to hear about the VALE-KAT LUCKYS DEAL."

Your statement is about as far from the truth as possible. Gump and others have pointed out again and again and again how exceedily bad that deal was for KATX. It meant largely giving away the Lucky properties for next to nothing. When Ken was criticised for this deal he came up with the incredible that the properties might be worth more than 5 billion dollars! His intention was presumably to suggest that there was still a lot of value left for KATX. If he had considered this a realistic possiblity why would he give away the property for next to nothing??? Of course it is no realistic possibility. Ken had painted himself into a corner and did not have the courage and integrity to admit it. Instead he chose to mislead the market by being unduly optimistic about the Lucky properties.