KAT Exploration Inc (KATX)

[Sirius_Fan]

PPS has been spiraling for 2 years, FACT!

The actions of Ken Stead have DIRECTLY affected the pps, FACT!

The company had not grown, or expanded until the recent purchase of the gold company, FACT!

Creating KAT Gold in order to move properties around cost the shareholders 70% of the stocks value, FACT!

Drilling, barely released results, zero communication from the company, and a multi-year trip without a map has cost the remaining 28.5% of the stocks value, FACT!


The issue, is that the past few years have been atrocious for the companies reputation. Anyone who continues to tout "almighty Ken and team" as heroes and great men, are severely mistaken. They are barely hanging on at this point. I think the gold purchase is a last ditch effort. If they can't get financing to get the project going to get some steady capital, then I would assume they are out of options.

That is the state of things.