I don't want to get into any arguments on this board not here for that, a lot of things posted here are not wrong but pp are trying to put a spin on them.
I will give a little info on some things without getting to exact as to conversations with whom or when. First of all was not on all of KATS properties as I am no longer in NEWF and they have new properties. I was always in contact with Ken over the years.The properties that VALE is interested in is all the Bonavista area even beyond. Cornerstone, Noranda and others over the years visited these properties, and they all think that their is a major copper resource somewhere,but they need time and money to find it. Those properties around Bonavista area, Me, Ken,other friends of Ken, would fish in the Lakes in the area and Ken would talk about what is here and what is there; you know buddy talk. One of those friends I talked to a few days ago,had a conversation with a group from VALE, down doing some work on the agreements they signed with CGP, and they like what they saw, but man this copper belt goes for miles and it is a layered deposit.If I remember correctly Ken said that this belt went for hundred of miles; up and then down like a snake, low grade but high tonnage.( this conversation was years ago). Ken always knew that their was copper there so did anyone else you go in the country side to fish or pick berries you could see sign's of it every where. Another time I remember we were looking over a map for where we we going to go trouting on the weekend and Ken pointed out a steam on the map in the area; Ken said I panned that stream one time looking for sign's of gold all I got was a pan full of copper. LOL we all laugh and said he should get some and make some spinners for trouting.
Vale is looking for copper and they are JV every thing in the area to try and find it.