KAT Exploration, Inc. (KATX.PK) On The Ride Again
03 Sep 2010

Yesterday, KAT Exploration, Inc. (KATX.PK) started the gain. After a week of negative price changes, the stock soared 4.94% on traded volume of over 1 million shares.

The price jump was due to the announcement released by the company two days ago. According to it, KAT is ready to begin drilling operations on its Rusty Ridge Iron Oxide Copper Gold property.

The positive news immediately reflected on the investors and KATX stock started to climb. Though, its too soon an uptrend to be registered.

Historically, KAT Exploration used to trade higher, however, since May, this year, the stock has been in a downtrend. Now the results are up to be seen.

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