KAT Exploration Inc (KATX)

[gump90]

In Canada we do not differentiate. A J V is no big woo. We call them all Deals. Buy-outs, Options to Purchase, and J V s. Usually if you do a J V it means your property is weak and you have seduced a Major to keep working on it. And of course in a J V you also have to help pay for the work. An Option to Purchase where you can entice a Major to buy control of your Company over a period of time is one of the best deals you can get .. second to a complete Buy-Out. J V s suck !!!!