KAT Exploration Inc (KATX)

[intomoney]

Agree with your assesment mappo. My dad is a Geologist and over his career I think the longest we stayed in one city was 10 years at the end of his career. Prior to that the average was about 3 years. Not unusual at all for a geo to be moving on. I will add what I said in one of my earlier posts for those who did not see it before:

KATX is first and foremost an exploration company. As such, they tend to blow through money quickly and it can take years to get their claims explored. Look up what Noranda Exploration and Falconbridge did in Northern Ontario back in the early 1970's. Those companies spent lots of years and money before hitting it big. My dad was the lead geologist in the Thunder Bay office for Noranda in early 1970's and was in charge of their exploration program for Ontario. His advice on KATX is play it for what it is- a low- priced exploration company with potential. Put some casino money in it but not your house and then let it ride