Really¿???????
Um.....yeah.
sub-par gold finds
sub-economic copper finds
sub-par REE finds
= [for KATX] sub-penny...make that sub 1/10 penny price
If KAT had anything, anything going for it, Ken would have been besieged by potential partners (with their checkbooks open) begging to join and drilling projects in Handcamp and/or Rusty Ridge commenced in 2011 and/or 2012.
Any of that happen? I will answer that for you: no.
The market has made it clear what it thinks of KAT, its properties, what it has found, its potential and of Ken himself.
Pumpers keep saying to wait for news. Well, we had news on 12/23/2010. Do you remember that day? According to some, the news was great. Actually, it was terrible and the market responded accordingly. Ken knew the sub-economic copper finds would devastate the stock (a stock already hit hard by earlier sub-par gold finds at Handcamp) and he hoped (more like prayed I bet) that any mention of REE's (no matter how sub-par the results indicated) would limit the damage.
Guess what...Ken guessed wrong and the share price has yet to recover.
Gump was the only one who was right on KAT. He saw that the emperor had no clothes while so many others willingly believed what they wanted to believe.
Props to gump. He called it.
Less than 1/10 of one penny.
The market has spoken.
Game over and you know it.
12/23/2010 was the day this illusion died.
You know that too.
So does Ken.
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