KAT Exploration Inc (KATX)

[Biochemist2002]

I really liked this part of the 10-K:

Sales and Marketing
Management believes that its customers consist essentially of other mining companies looking for properties to include in their mining and production programs. Management believes that its relationship with certain of the potential customers will assist the Company in implementing its business plan.

Hmmmmm. Sounds to me like they already have a "potential customer" for Handcamp and a "relationship" with them. Wonder who that could be.

Management expects to seek to raise between $1,000,000 to $2,000,000 per year for operating costs to be incurred in connection with identifying and ascertaining the value, if any, of any additional properties.

Nice to know they're "expecting" to raise that much in operating cost. Notice they don't say "hope to" or "attempt to." Could just be semantics, but I still like the way they worded it.

Also,

...has plans to expand operations throughout North America...with a view to purchasing all or a portion of already producing gold mines

So, looks like we're going mining. Mining and mines have been mentioned in the last couple filings , So I believe they're seriously considering this.

Mining also mentioned in the June 4th 8-K

...The Company will need to obtain additional financing to, among other things, fund any future exploration, mining and drilling projects it attempts to undertake and for general working capital purposes...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7299124