Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

The Gain For KAT Exploration, Inc. (KATX.PK) Drilling Begins


crwe-stockalertslogo

 

KAT Exploration, Inc. (OTCPK:KATX) climbed up by approximately 5% on the market. The stock has had negative price changes during the past week, though yesterday, it started to gain. Along with the price jump, traded volume of KAT exceeded 1 million shares for the day.

The most reasonable explanation on the gain, appeared to be the optimistic news by KAT Exploration. The company reported it was ready to begin drilling operations on its Rusty Ridge Iron Oxide Copper Gold property and the results are expected to be promising.

KAT started the year with a low-trade, though in May, the stock climbed up to $0.24 per share. However, after that, KATX stock entered a downtrend.

Currently, KATX is moving up, while the drilling operations are about to start.

Last Trade: 0.086

 

********************************************************************

The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://crwenewswire.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCPK:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCPK:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (OTCPK:CRWE), if paid in stock, can and may sell those securities during the advertising period.