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Stervc - when I saw your name pop up - knew their had to be more true DD coming from the man himself. Great post!
pj
Totally Agree - Rusty/inco ...lucky/inco ....and handcamp/teck... AND don't forget money upfront they will hansomly pay us millions and millions for AND royalties for years to come on at least two. - maybe even some of their Stock too. Do you realize what Inco is looking to spend this year in Canada alone, and have you see the dividends and royalties they have been giving to past acquistions.
Need to save at least 100k shares for that alone for next couple decades.
NEXT UP LABRADOR ! Are we investing in Kat exploration or K.S. and T.S expertise in the future and past developments. Long and Strong IMHO.
To remind any newbies again to do your "own" DD!
Posted by: birdmanbob4 Date: Wednesday, March 24, 2010 1:03:54 PM
In reply to: birdmanbob4 who wrote msg# 29688 Post # of 29767
Thank you Ken until you are removed from the Pink Sheet listings "and I know that is coming" there are those who would invest but are waiting ....not so much from anything you have or have not done ....but because of what other Pinks have done in general in their past. You have proved your self to me! And now to my Brother Larry ...so much so, he bought 40 thousand dollars of Kat on Monday and I picked up as much as I could as well ..10 k more ...Nordberg's and the Stead's ...two Brothers believing in two Brothers..... .. I have always thought if you truly know your History...you can correctly predict the Future
The truth will set you free!
--- On Wed, 3/24/10, Ken Stead <kstead@katexploration.com> wrote:
From: Ken Stead <kstead@katexploration.com>
Subject: RE: You and your brothers history with mining/joint ventures/Cornerstone
To: "'Bob Nordberg'" <birdmanbob4@yahoo.com>
Date: Wednesday, March 24, 2010, 11:09 AM
Bob
This will be the first time I looked back at such a question, interesting as it is.
Here are the JV’s Tim and I had a Hand in.
Agnico Eagle, Celtic, Candente, Falconbridge, Inmet, Kermode, Moydow, Newmont, Noranda, Phelps Dodge, and Thundermin. The others we didn’t
K Stead
From: Bob Nordberg [mailto:birdmanbob4@yahoo.com]
Sent: Wednesday, March 24, 2010 3:06 AM
To: ken kstead@katexploration.com kstead@katexploration.com
Subject: You and your brothers history with mining/joint ventures/Cornerstone
........Ken I have been doing research on your years with Cornerstone from 1997-2004 One thing is certain after you left the Cornerstone the PPS has not done so well. ...That speaks for it self and needs no comment from you, and I doubt your the type to comment on that anyway. What I would like to hear more of is the different joint ventures you had a hand in while you and your brother Tim were with Cornerstone Resources. Some of the Joint Ventures I have found on the Newfoundland Government.... "Bonivista!" site but I am wanting the complete list. And any information you could tell all your Kat lovin investors.........PS: A friend looked up the histwww.cornerstoneresources.com/s/NewsReleases.asp?ReportID=267650orical PPS on Cornerstone and commented that.
http://www.infomine.com/index/pr/Pa102314.PDF thos link is from 2007 tow years after you left Cornerstone but it has list of previous joint ventures Cornerstone was involved with http://www.cornerstoneresources.com/s/NewsReleases.asp?ReportID=267650
Cornerstone Capital Resources Inc. is a mineral exploration company with a strong technical team that has proven its ability to identify, acquire and advance properties of merit. The company's business model is based on generating exploration projects whose subsequent development is funded primarily through joint venture partnerships. Cornerstone's current and past joint venture partners include Agnico Eagle, Celtic, Cash Minerals, Candente, Coastport, Cogitore, Falconbridge, Inmet, Kermode, Mountain Lake, Moydow, Newmont, Noranda, Phelps Dodge, and Thundermin.
Rick-uk Birdman BOTH "greatest discovery experts ever K.S, T.S" SOUTH PRINCESS KENS MOUNTAIN
http://www.infomine.com/index/pr/Pa102314.PDF
http://www.nafinance.com/Listed_Co/english/cornerstone_e.htm
http://www.marketwire.com/press-release/Cornerstone-Resources-Inc-Drilling-Commencing-at-West-Princess-Property-522606.htm
Cornerstone releases project overview for Aug. 16 AGM
Cornerstone Capital Resources Inc Shares issued 26,019,864 Monday August 12 2002
CTP Aug 9 2002 close $ 0.34 News Release
Mr. Glen McKay reports CORNERSTONE PROVIDES EXPLORATION UPDATE
In preparation for the annual general meeting of shareholders on Aug. 16, Cornerstone Capital Resources has provided an overview and update of its continuing exploration activities. Cornerstone is a leading Newfoundland and Labrador mineral exploration company with properties throughout the province. Current exploration programs are focused on sedimentary stratiform copper/silver (SSC) and iron-oxide copper/gold (IOCG) deposits on the Avalon platform of eastern Newfoundland, gold and volcanic massive sulphide (VMS) deposits in Newfoundland's central mobile belt, and platinum group element (PGE) deposits in Labrador.
Avalon SSC and IOCG
Cornerstone has pioneered exploration for SSC-type deposits in late Precambrian rocks of the Avalon platform, a geological environment that previously had attracted little exploration attention. From its beginnings in 1997 on the Princess property, Cornerstone's exploration has succeeded in identifying an abundance of new copper occurrences on the Bonavista Peninsula. The copper occurrences, dominantly chalcocite and malachite, are in rocks of the Musgravetown group, a thick accumulation of mainly terrestrial sediments developed in a continental extensional environment. The copper is associated with bimodal volcanics in the lower portions of the Musgravetown group and with reduced sedimentary strata near the top of the sequence. Cornerstone's landholdings in the area now include the Princess group of properties covering the western part of the Bonavista Peninsula, where the mineralization is associated mainly with volcanic
rocks, and the Red Cliff properties that consist of a belt extending approximately 95 kilometres across and south of the central Bonavista Peninsula, where the focus is on classic SSC-type copper deposits.
The company's Avalon zone exploration has been focused in the first instance on the discovery of world-class, bulk-tonnage SSC-type copper- silver deposits. The potential for SSC-type deposits in the Bonavista Peninsula area is validated by the interest in Cornerstone's work that has been displayed by several major copper-producing companies, interest that has translated into an agreement with Noranda Inc. for exploration of the Red Cliff properties. Now in its second year, the Noranda-led Red Cliff project was initiated with phase one diamond drilling on the Blue Point showing followed by lake sediment geochemistry, and follow-up soilgeochemical, geological and prospecting programs. A second phase of drilling commenced on Aug. 8, 2002, and is continuing. A minimum of seven diamond drill holes are planned, for a total length of 2,500 to 3,000 metres, targeting extensions of the Blue Point horizon and possible additional mineralized horizons on the Red Cliff main block, in the north of the project area, and potential analogues of the Blue Point mineralization at other locations on the project properties.
Cornerstone's further work on the Princess group properties is directed at pursuing the potential for IOCG-style mineralization as exemplified by the Olympic Dam deposit in Australia. That potential became evident in the results of work conducted in 2001 that showed the existence of a large magnetic anomaly under an area of altered, mineralized felsic volcanics on the South Princess property. Further line cutting, geological mapping, prospecting and soil geochemistry are under way to advance the concept with the objective of attracting a joint venture partner.
Newfoundland central mobile belt -- gold and VMS
Cornerstone has responded to the recent upsurge of interest in gold exploration by significantly expanding its portfolio of gold properties in the central mobile belt of Newfoundland. To the Island Pond and Paul's Pond properties, located in and adjacent to the Botwood basin gold play, in the last several months the company has added the Colchester property in the Green Bay area, the True Grit-Golden Grit property in the Baie d'Espoir area and the Cape Ray property in southwestern Newfoundland. In addition, Cornerstone's Coney Arm property, originally staked for its limestone deposits, is now recognized as also having gold potential.
The Colchester property has been optioned to Sudbury Contact Mines Ltd., a subsidiary of Agnico-Eagle Mines Ltd. Exploration targets on the property include high-grade, shear-hosted gold, gold-rich VMS-style mineralization and low-grade, bulk-tonnage gold in porphyry-style mineralization. The Island Pond and Paul's Pond properties have been optioned to Candente Resource Corp. The Island Pond claims adjoin Altius Minerals' Moosehead property where drilling has returned high-grade intersections of Carlin-type, sediment-hosted gold. The Paul's Pond property strategically straddles a significant magnetic/structural feature adjacent and parallel to the Altius/Barrick Gold Mustang trend joint venture. Cornerstone is the operator for the Colchester and Island Pond programs, while the Paul's Pond program will be conducted directly by Candente.
Cornerstone's in-house gold exploration activities are concentrated on the True Grit-Golden Grit property. Work began in June, 2002, with sampling and analysis of previously untested core from drilling conducted by the property vendor. The results, released earlier, confirm and extend a zone of low-grade gold/arsenopyrite mineralization in fine-grained sediments. The company is now conducting a program of prospecting, geological mapping and trenching to further define the known mineralized zones, and to identify additional drill targets.
On the Cape Ray property, which was acquired very recently, Cornerstone is in the initial stages of compiling the available geological information as a basis for exploration planning. The property extends 35 kilometres along the Cape Ray fault zone, a major regional structure where exploration targets include gold and base metal rich, fault-fill quartz breccia veins in graphitic schists, and granite-hosted, extensional-type gold/silver rich quartz veins.
Cornerstone's activities with respect to VMS deposits are focused on the Noel Paul's Brook property located about 10 kilometres south of Aur Resources' Duck Pond deposit, where development is imminent. The property was enlarged to 179 claims in February, 2002, on the basis of exploration work carried out late in 2001. The property now extends laterally approximately 17 kilometres over highly prospective, but virtually untested, felsic volcanics. Further geological and prospecting work is planned for the fall of 2002.
Labrador PGE
Cornerstone personnel will be in Northern Labrador in late August to initiate exploration on the Kingurutik River and Staghorn Lake properties, acquired in May, 2002, where the primary metals of interest are platinum group elements. Geological mapping, geochemical sampling and prospecting will be conducted to confirm and extend known and projected PGE occurrences. Interest in PGEs is high and, with positive results, Cornerstone is confident that a joint venture partner can be found for the property.
Total exploration expenditure on Cornerstone properties in 2002 is expected to exceed $700,000 of which joint venture partners will finance $650,000. The results of current programs will be released as they become available over the next several months.
Cornerstone's annual general meeting will be held at the Battery Hotel, Signal Hill Rd., St. John's, Nfld., beginning at 10 a.m. on Friday, Aug. 16, 2002.
PROPERTIES IN HAND
(1) South Princess Property (Iron oxide/porphyry)
South Princess Property is located 40 kilometers north of Trans Canada Highway at Clarenville, eastern Newfoundland. The Company owns 171 claims (4,275 hectares). There are 2 prospective areas which include Ken's Mountain (Fe oxide) and Holloway Cove (porphyry). Cornerstone has completed airborne magnetometer and radiometric surveying, line cutting, ground mag and VLF, gradient IP, and soil sampling. Company wants to attract a joint venture partner to diamond drill geophysical and geochemical targets.
(2) Noel Paul's Brook (VMS)
Noel Paul's Brook is located 40 kilometers southeast of Buchans - central Newfoundland. It is 15 kilometers south of Aur Resources' Duck Pond Deposit (with 5.5 million tonnes @3.3% Cu, 5.8% Zn, 0.9% Pb, 59 g/t Ag, 0.8 g/t Au) and 1 kilometer southeast of major all season road. The Company owns 179 claims (4,475 hectares). The 2002 program include compilation of recently acquired claims to northeast and southeast. The Company will send ground crews to prospect new claims and numerous unexplored airborne and ground conductors. And the Company wants to seek joint venture partners to advance project with a significant diamond drill program.
(3) Island Pond Property (Low Sulphidation, Epithermal Au)
Island Pond Property is located 5 kilometer south of Trans Canada Highway along Route 360, central Newfoundland. It is 3 kilometers southwest of Altius Minerals/Sudbury Contact high grade gold discovery at the Moosehead Property (DDH - 170.31 g/t Au/1.50 meters). And in the Northwest portion is a newly recognized Botwood Basin gold play. The Company owns 38 claims (950 hectares). The 2002 program include compilation of recently acquired claims, expanding existing grid to include soil geochemical anomalies identified by Noranda in the late 1980's and to provide geophysical coverage over lakes and ponds. To complete infill line cutting (50 and possibly 25 meter spaced lines) which will be covered by magnetometer and VLF geophysical surveying to better define existing structures, and to locate additional structures. The Company will send ground crews to prospect new lines and resulting geochemical and or geophysical anomalies. And the Company wants to seek joint venture partners to advance project with a significant diamond drill program.
(4) Paul's Pond Property (Mesothermal Gold)
Paul's Pond Property is located 40 kilometers southwest of Trans Canada Highway at Glenwood, central Newfoundland. It straddles southeastern Botwood Basin contact along strike from high grade Linear Property (18.6 g/t Au 8.6 meters). The Company owns 30 claims (750 hectares). The 2002 program is to expand existing grid to include soil geochemical anomalies identified by Noranda. And the Company wants to attract a joint venture partner to diamond drill geophysical and geochemical targets.
(5) Colchester Property
Colchester Property is located 15 kilometers north of the town of Springdale, in north central Newfoundland, approximately 8 kilometers northeast of the Hammerdown gold mine (Richmont Mines). The Company owns 121 claims (3,025 hectares) in the historic Green Bay Mining District of northeastern Newfoundland. The 2002 work program include line cutting, soil geochemistry, geological mapping, IP and magnetometer geophysical surveys. Diamond drilling will follow to test targets where warranted.
Sep 28, 2001 08:00 ET
Cornerstone Resources Inc.: Drilling Commencing at West Princess Property
NEWS RELEASE TRANSMITTED BY CCN NEWSWIRE
FOR: CORNERSTONE RESOURCES INC.
AND CORNERSTONE CAPITAL RESOURCES INC.
CDNX SYMBOL: CTP
SEPTEMBER 28, 2001 - 08:00 EDT
Cornerstone Resources Inc.: Drilling Commencing at West
Princess Property
MOUNT PEARL, NEWFOUNDLAND--Cornerstone Capital Resources Inc.
(CDNX - CTP), through its wholly owned subsidiary, Cornerstone
Resources Inc. (CRI) is pleased to announce that a planned 6 hole,
700 meter Phase 1 drill program is set to start on October 5th at
its 100% owned West Princess Property.
The West Princess property is located on the Bonavista Peninsula
in eastern Newfoundland, where volcanic redbed copper (VRC) and
sedimentary hosted stratiform copper (SSC) style mineralization is
being targeting. Situated in the Avalon Zone, the local property
geology shares many geological features with the Keeweenaw
Peninsula in Michigan which was a prolific copper mining district.
The rocks and related mineralization at Copper Creek and Mountain
View also share several significant characteristics with the
Sustut deposits in British Columbia including copper/silver
ratios, some major and trace element distributions, metamorphic
grade and redox relationships.
The drill program will test volcanic redbed copper (VRC)
mineralization at the Mountain View and Copper Creek occurrences.
CRI believes that, in spite of the fact that rhyolite is the host
rock at Mountain View, as opposed to mafic volcanics that are the
normal host rocks for VRC deposits, the copper bearing fluids were
so enriched and focused along the margins of the host rhyolite
dome that they precipitated in structural traps and, therefore,
the area holds potential for a high grade copper silver deposit.
It is worthy of note that field work from the current season has
identified other adjacent targets that are now being followed up.
The drill program will also test the sediment hosted copper (SSC)
mineralization at the Pit # 1 occurrence. This Northeast portion
of the property shares many geological features with CRI's Red
Cliff property which is underlain by a thick sequence of Late
Proterozoic sedimentary rocks developed within a continental
extensional environment. Sedimentary sequences of middle to late
Proterozoic age are among the most prolific copper producing rocks
in the world (south-central Africa - Zambia - and the Western
U.S.).
Since 1997 CRI has pioneered the search for volcanic redbed copper
(VRC), porphyry-copper and stratabound hosted sedimentary copper
(SSC) deposits in the Avalon zone of eastern Newfoundland. It has
the largest claim position in an area that has the potential to
yield a significant copper discovery.
In the meantime work is progressing on the Red Cliff property
which is the subject of a joint venture agreement with Noranda
Inc. The results of the recently completed helicopter based lake
sediment sampling program have been analyzed and a follow up soils
collection program is commencing on 15 to 20 areas of the property
where copper anomalies are most evident. Additionally, a
geophysical survey will be carried out in the area of drill holes
RC-01 and RC-02 to test for a geophysical signature of known
mineralization. If the geophysical survey is successful it could
prove useful for further exploration. When completed, the results
of the drilling, geological, geochemical and geophysical programs
will be further analyzed and the conclusions will be used to focus
on the next phase of exploration.
-30-
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cornersone_1.jpg
Just saying this board and its posts have made me laugh today. Gotta always believe what is out there right or wrong. DD on your own- I lost some today, but learned a lot. Only thoughts guys .... the truth shall set you free bum bum
RAC Corporation and Robin A. Carden File Civil Lawsuit against Thresher Industries.
Publication: Business Wire
Date: Thursday, October 18 2007
FOUNTAIN VALLEY, Calif. -- On Oct 11, 2007 RAC Corporation and Robin A. Carden filed civil lawsuit against Thresher Industries (THRI.PK) and two members of its Board of Directors. The suit was filed in Orange County Superior Court. The lawsuit brings actions for fraud in the sale of securities,
deceit, breach of contract, and related actions. Buffington Law Firm, PC is representing the plaintiffs in this action.
In December 2006 Thresher purchased Talon Composites, LCC from RAC Corporation and Talon Holdings, LLC for a total of $7,500,000, which amount was to be paid not in cash, but in shares of Thresher Common Stock shares of equivalent value. The complaint alleges that the Thresher stock exchanged for ownership in Talon was essentially valueless, and that its stock price immediately prior to the transaction was artificially propped up in a variety of ways.
Thresher represented to the plaintiffs that it had adequate capitalization to function as a going concern and that it had strong business prospects and good operating cash flow. The plaintiffs allege that these claims were false and represented a knowing material misrepresentation by the defendants. The plaintiffs claim that the Thresher stock is now completely worthless and was always essentially worthless during late 2006 and 2007.
http://www.sec.gov/investor/pubs/minitend.htm
Mini-Tender Offers:
Tips for Investors
Most investors welcome tender offers because they frequently provide a rare opportunity to sell securities at a premium above market price. But investors should know that not all tender offers are alike.
"Mini-tender" offers – tender offers for less than five percent of a company's stock – have been increasingly used to catch investors off guard. Many investors who hear about mini-tender offers surrender their securities without investigating the offer, assuming that the price offered includes the premium usually present in larger, traditional tender offers. But they later learn that they cannot withdraw from the offer and may end up selling their securities at below-market prices.
If you've been asked to tender your securities, find out first whether the offer is a mini-tender offer. And remember that mini-tender offers typically do not provide the same disclosure and procedural protections that larger, traditional tender offers provide. For example, when a bidder – the person or group of people behind the offer – makes a tender offer for more than five percent of the company's shares, all of the SEC's tender offer rules apply. These rules require bidders to:
Disclose important information about themselves;
Disclose the terms of the offer;
File their offering documents with the SEC; and
Provide the target company and any competing bidders with information about the tender offer.
The rules also give investors important protections, including the right to:
Change their minds and withdraw from the transaction while the offer remains open;
Have their shares accepted on a "pro rata" basis (if the offer is for less than all of the company's outstanding shares and investors tender too many shares); and
Be treated equally by the bidder.
But none of the rules listed above applies to mini-tender offers.
Instead, the only rules that encompass mini-tender offers – Section 14(e) of the Securities Exchange Act and Regulation 14E – provide that bidders must:
Not engage in fraud or deceptive practices;
Hold open tender offers for minimum time periods; and
Make prompt payment to investors after the offer closes.
Regulation 14E also requires the target company to state its position about the offer by recommending that investors accept or reject the offer. The company may also state that it remains neutral or takes no position. But because bidders in mini-tender offers don't have to notify the target, the target may not even know about the offer.
Investors need to scrutinize mini-tender offers carefully. Some bidders make mini-tender offers at below-market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price. Others make mini-tender offers at a premium – betting that the market price will rise before the offer closes and then extending the offer until it does or improperly canceling if it doesn't.
With most mini-tender offers, investors typically feel pressured to tender their shares quickly without having solid information about the offer or the people behind it. And they've been shocked to learn that they generally cannot withdraw from mini-tender offers.
Here are the steps you should take if you are asked to sell your stock, bonds, limited partnership interests, or other securities through a mini-tender offer:
Find out whether the offer is a mini-tender offer. Most bidders won't use the term "mini-tender offer" to describe their offer to buy your shares. Instead, they may call it a "Solicitation to Purchase Shares of XYZ Corporation." Ask the bidder – or your broker – what percentage of the company the bidder seeks to purchase. If the answer is less than five percent, you're dealing with a mini-tender offer, and you should proceed with caution.
Get a copy of the offering document. And be sure to read the disclosure carefully. Do not make an investment decision until you see the disclosure about the offer.
Determine whether the bidder has adequate financing. Some bidders make mini-tender offers because they can do so at virtually no cost. These individuals often do not have the financing necessary to purchase the shares in the offer. Before you surrender your securities in a mini-tender offer, ask tough questions – and demand answers – about the bidder's ability to pay once the offer closes.
Identify the current market price for your securities. For stock, you can easily get price information in many newspapers, on-line, or from your broker or investment adviser. For bonds and limited partnerships, you may need to talk with your broker or investment adviser because these prices may be hard to find. For limited partnerships, contact the general partner to get a list of firms that buy and sell the limited partnership, or ask your broker or investment adviser.
Find out the "final" tender offer price after all deductions are taken. In some tender offers, you may get a lower price because deductions are taken from the tender offer price for dividend payments. Also, some bidders in mini-tender offers fail to disclose clearly that certain fees or expenses may also be deducted from the offer price.
Ask when you'll be paid for the shares you tender. Bidders in mini-tender offers sometimes fail to provide prompt payment, sometimes delaying for weeks or months. Before you tender your shares, be sure to find out when the bidder will pay you for your shares.
Consult with your broker or other financial adviser. Make sure you understand the terms of the tender offer before tendering your shares. Ask for any additional written information that may be available.
If you want to sell your shares, determine where you can get your best price. Check all your alternatives for selling your securities. For instance, compare how much you will receive if you sell through your broker versus the tender offer.
Remember that once you agree to a mini-tender offer, you are probably locked in. If the tender offer is for less than five percent of the company's stock, exercise extreme caution. Unlike other tender offers, you generally cannot change your mind after you have tendered your shares in a mini-tender offer, even if the offer hasn't yet closed. In addition, the bidder can extend the tender offer without giving you the right to withdraw your shares. And in the meantime, you've lost control over the securities you tendered.
If you've run into trouble with a mini-tender offer, act promptly. By law, you only have a limited time to take legal action.
Contact the SEC's Office of Investor Education and Advocacy for help. You can send us your complaint using our online complaint form. Or you can reach us as follows:
U.S. Securities & Exchange Commission
Office of Investor Education and Advocacy
100 F Street, NE
Washington, D.C. 20549-0213
Fax: (202) 772-9295
http://www.sec.gov/investor/pubs/minitend.htm
While this is something that everyone can try, as it really takes nothing to do, I can tell you for a fact this has no impact on the MMs borrowing your shares and it also had nothing to do with why we moved from .0004 to .02. If you forgot, we had big news come out then, after a long long long dry spell of no news, which is why this took off. People setting high sell orders had no impact on this nore does that have any impact on any stock.///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// In this statement you are wrong three times 1. Kat was newer triple zero 4……… …or triple zero anything!!! “this is a BIG mistake you should admit to right away!” #2. On Friday Nov 13 Kat was .004 and in three days it was two cents. On wed Nov. 18’th That was a 300% increase #3 You stated their was news …
BRUMLEY NEWS for you all! Posted from a family friend in KATX Er0ck READ THIS
There was absolutely zero news and here is how I can prove it! “WALTER BRUMLEY” PUT OUT A STORY ON Kat then stating he could not find any news ……this is the story that came out right after I got a girlfriend to purchase Kat stock! This is the Brumle story where I cut copied and pasted “the entire old Kat web site..” The only place on the web you can find it!! In the Brumly story Brumly talks of not being able to find any news on Kat stock. I found it difficult back then to phantom anyone accusing anyone publicly back the of breaking the Law ((((WITH ABSOULTALY KNOW PROOF)))) after pasting the entire web site under Brumlys comments I cut a copy and sent it to Ken Stead on a wim. This was the first interaction between us. And is what led to our friendship! ….. I explained to Ken I had no money to buy his stock, and only had property I wanted to sell. And explained I was simply coming to the aid of my fair maiden who took my advice and did purchase Kat stock! I found Ken Stead to have many things in common with me but the one thing I liked about him is the commonality we have in our Fathers. That conversation was about integrity, honesty, and the lack of it in today’s world! ….Many here know I have a habit of sticking up for a friend….Well that is nothing less than either of our Fathers would have done. …….now to prove my point on the folks who got in on Kat at .004 and their restricting the borrowing of their shares this I got directly from Chrissy over at Chrissys Profit Palace…You can go to her site “very cool” It is loaded with very big players ((((who did )))) restrict the borrowing of their shares…”please ask if you doubt my word”…Kat was a Palace Pick on the morning of the 13 and the traders their routinely pre set their sell price in advance very hi to restrict borrowing. And MILLIONS APON MILLIONS ARE IN THEIR POCKET!!!! “It’s not what you know sometimes it’s who you know”……..YEA GO AHEAD quote me !........Love ya Eroic…and all… ya do here….keep it up….. http://investorshub.advfn.com/boards/board.aspx?board_id=16192 here is photo to post http://stockcharts.com/c-sc/sc?s=KATX&p=D&b=5&g=0&i=t69782645954&r=7786
The truth will set you free!
BirdmanBob - You remember this song "FREAKOUT" youtube video to come
3 anomalies and more land? Huh? Felsic and Malfic geography. Huh? Probably not just gold found either. Huh? Do your DD people on Geography and region and then re read the report below. Sure may take time, but with a solid company in some of the last stages of its exploration program and a retired 504k ... low float - won't take half as long as you ALL think.
Pretty good at reading dd and geo reports now....Think as you said many people did not read this 34 page report or didn't understand it?
http://www.viprindustries.com/
http://www.VIPRIndustries.com/VIPRIndustries/images/pdf/Exploration%20report%20-%20Msangachuki.pdf
2.2 Local Geology
Based on the recent reconnaissance mapping completed by JICL, the Msangachuki prospect is mainly covered by Neogene sediments with lack of outcrops (Figure 5). Quartz pebble and mottled clay occur in some parts of the property. Beside this, the area is located within the Archaean granitoid terrain of Tanzania which is underlain by Archaean greenstone rocks similar to those dominating in the Lake Victoria Goldfield.
The northeastern area of the property marked by magnetic low represents granitic rock lithology underneath due to abundance of light brown sandy clay soils. There are also narrow shear zones distinctly defined in the central and south western part of the tenement. The shears are possibly flooded with silica (silicified) or quartz veining.
In general the Msangachuki tenements geology comprises greenstone rocks and minor granitic rocks (NE). The greenstone rocks in the area include mafic volcanics, micaceous schist, quartzite and gneisses. The mafic volcanic is possibly intruded by two main N-S trending dolerite dykes; one centered at 0734600E and the other at 0733950E.
Figure 4: Quartz pebbled and mottled material from central part of the concessions
Mafic intrusions are common including a swarm of dolerite dykes. Sandstone and unsorted colluvial arkose occur at the intermediate northern vicinity of the tenements. All these units are set in an extensive basin-like graben which is locally known as the Mpondi Fault graben exhibiting undulating structural trend with a prominent NW-SE and NE-SW strike. It is geologically hypothesized that all greenstone lithologies have been overprinted in the Archaean granitoids during emplacement of the Mpondi faulting, a tectonic event which is regarded to be associated with gold mineralization within the area.
Page 10 of 34The Msangachuki formation was formed in a shallow basin developed on a nearby planed land surface with residual hills. The larger of these inselbergs were not completely buried by the deposit and now protrude through the formation; a good example is Kisinga Hill in the south-west of the area. It is suggested that the Sanzawa fault-scarp acted as a barrier on the north of the basin deposition, thus limiting north-easterly extent formation in age, and an initial erosion of the fault-scarp may well have supplied an amount of material for the deposit.
3.3 Ground Magnetic Geophysics
JICL Consultants carried out a detailed ground magnetic survey programme over the tenements using a ‘Walking’ Geometric, G-856 Magnetometer (Canadian). Ground magnetic survey aimed at locating possible geological structures and support regolith mapping of the subsurface geology as the tenement lacks rock exposures.
The survey was run N-S on lines 0733900E through to 0735100E at 100m line spacing with a magnetic pattern of 25m from 9400000N to 9398000N. Thirteen lines with a total of 8.4 line kilometers were traversed and completed during the survey (figure 6). A total magnetic intensity map is presented in the figure 4 whereas all magnetic raw data are appended to this report (Appendix 2).
There is a clear magnetic distinction between the northern and southern half of the grid separated by an undulating NE trending contact. The south western corner of the grid is characterized by very high magnetic signature while the north eastern corner of the grid is covered by a low magnetic unit. The northern and north western half of the grid is more of a smooth relatively medium magnetic signature than southern part, which could be a background signature. Generally the southern portion has a high magnetic relief compared to the northern portion.
Page 12 of 34Fig 6: Msangachuki Total Magnetic field map with grid lines (processed using Oasis Montage)
The data also shows distinct mimicking N-S trending magnetic lineaments with four broad N-S trending magnetic highs defined by the approximate long axis coordinates below. These lineaments are possibly representative of mafic units, as they are also evidenced by the stippled magnetic response.
o Lineament i : 0733946, 9398318; 0733946, 9399350 o Lineamentii:0734154,9398279;0734154,9399424 o Lineamentiii:0734366,9398028;0734366,9399684 o Lineamentiv:0734600,9398400;0734600,9400005
Page 13 of 34
The three distinct magnetic low lineaments trending N-S are also indicated as defined by approximately long axis coordinates below. These lineaments form contact zones with the interpreted magnetic high lineaments mentioned above and could possibly be faults or shear zones in the magnetic units described above. The faults/shear zones could be filled with low/non-magnetic materials such as sediments or quartz veining.
o Lineament v : 0734050, 9398288; 0734050, 9399372 o Lineament vi: 0734301, 9398063; 0734309, 9399493 o Lineamentvii:0734505,9398409;0734509,9399602
A WSW-ENE trending lineament observed, defined by the following coordinates 0734141, 9399103; 0734583, 9399203 could be a fault. The lineament exhibits visible unit displacement within the northern-low magnetic terrain. No such other distinct lineaments are observed throughout the grid.
Results from both ground magnetic survey and regolith mapping suggest that the area is mainly underlain by mafic (volcanic?) units as well as minor felsic rocks which are probably granitic or meta- sediments. The mafic units are possibly intruded by dolerite dyke trending N-S. Few drill holes are recommended to ascertain gold mineralization, lithology and structural settings.
Wonder how many people actually read the pdf on the findings.
I agree with you, gold stocks take time to realize. Deeper drilling especially on a malfic or VSM type of shear will be key. Don't people realize what type of gold presents itself in these areas? Not to mention other mineralization which is present and also key? I suggest others might benefit from doing some DD on VSM and Malfic geology. I learned mine from the govt of Canada's site
In Short - it means you are in the right area:>>>
2.2 Local Geology
Based on the recent reconnaissance mapping completed by JICL, the Msangachuki prospect is mainly covered by Neogene sediments with lack of outcrops (Figure 5). Quartz pebble and mottled clay occur in some parts of the property. Beside this, the area is located within the Archaean granitoid terrain of Tanzania which is underlain by Archaean greenstone rocks similar to those dominating in the Lake Victoria Goldfield.
The northeastern area of the property marked by magnetic low represents granitic rock lithology underneath due to abundance of light brown sandy clay soils. There are also narrow shear zones distinctly defined in the central and south western part of the tenement. The shears are possibly flooded with silica (silicified) or quartz veining.
In general the Msangachuki tenements geology comprises greenstone rocks and minor granitic rocks (NE). The greenstone rocks in the area include mafic volcanics, micaceous schist, quartzite and gneisses. The mafic volcanic is possibly intruded by two main N-S trending dolerite dykes; one centered at 0734600E and the other at 0733950E.
http://www.viprindustries.com/ http://www.VIPRIndustries.com/VIPRIndustries/images/pdf/Exploration%20report%20-%20Msangachuki.pdf
Awesome news birdman, I too am looking to be a happy camper this summer. Love it! Sounds like K and T both know what they are doing. This has been planned from the last decade I believe.
saw it and copied it
Kat Exploration Email conversation with Ken Stead, the CEO of Kat Exploration. I emailed him Wednesday, and he responded quickly. I think followed up with another email....here it is!
__________________________________________________________________
From: Matthew
Sent: Wednesday, January 27, 2010 1:08 PM
To: Ken Stead
Subject: Claims
Ken,
I am excited about the potential for Kat Exploration and where this company is headed. I was conducting some research and found something that I would like to ask you about. I understand that Vale has claimed some property around the Lucky property that is owned by Kat Exploration. I found that you also have a claim of land that is in your name and not Kat. Is this personal property that you own? With the potential JV inquiries that was brought up in today's PR, have you also considered offering this property which is in your name as well? Given the proximity to Lucky, would it not make sense?
Thank you for your time
Matthew
__________________________________________________________________
From: Ken Stead [mailto:kstead@katexploration.com]
Sent: Wednesday, January 27, 2010 12:33 PM
To: Matthew
Subject: RE: Claims
Matthew
This is the first time your question has come up and I’m sure glad you raised it as this was something that we didn’t give thought to explaining. However, from time to time you may see claims in my name as well as 2 of my brother’s names Tim Stead (Field Manager) and Melvin Stead ( prospector). The government gives genuine prospectors 30 claims each, every year for a cost of just $10/claim(but not companies)whereas it would cost a company(like Kat) $60/claim. Within our company files we have agreements drawn up stating that all 3 of us KEN, TIM & MILVIN can only stake these 30 claims each year in our names(to save the company money)as having to sign them over to Kat in the case of a JV. This amounts to 90 claims a year(for $10 each) that cost just $900, compared to 90 claims at $60, that would cost us $5400.
However, as a company we can stake as many claims as we wish. More news on that later.
Ken Stead
President / CEO
Kat Exploration Inc.
Office 709-368-9223
709-368-9224
Cell: 709-690-2908
Fax: 709-368-9213
www.katexploration.com
kstead@katexploration.com
_________________________________________________________________
(The following email was sent today and Ken answered my questions with the bolded areas)
From: Matthew
Sent: Friday, January 29, 2010 10:43 AM
To: Ken Stead
Subject: RE: Claims
Ken,
Thank you for that explanation. It certainly makes sense to stake claims at a lower cost whenever possible. I do a few clarifying question concerning your response....are you saying that once you, Tim or Melvin have staked claims under your name, that you can then turn around and sign them over to Kat? Is this what you have done in the past as well? Or do you only sign them over to Kat when the possibility of a JV occurs. As soon as they are turned over to the company they become a $60 claim instead of the $10. If the claims turn out to be of no value they will never get a JV so it better left that way. If there is any interest at all in those claims then we sign them over immediately.
Finally, you the company can stake as many claims as it wishes and that news is to follow...does that mean Kat is actively looking for new property? Kat is always looking for good properties. But from here on in we are interested in properties that are more advanced than just the grass roots stage.
Thank you for your time and have a wonderful day!
January 29 at 8:33am · Report
PDAC - Good Read Where is Doubloon off the board?
« The Dangers of Short Term Thinking - Lawrence Roulston
John Kaiser: PDAC-Too Much of a Good Thing?
Source: Interviewed by Sally Lowder, The Gold Report 3/15/10
http://www.theaureport.com/pub/na/5831
Perhaps something akin to prospectors rushing from around the world in the grips of gold fever to California in the middle the 19th century, thousands flock to the annual PDAC (Prospectors & Developers Association of Canada International Trade Show & Investors Exchange) to pan for nuggets for their organizations or for themselves. For this exclusive interview, The Gold Report caught up with Kaiser Bottom-Fish Report editor John Kaiser on the last day of the 2010 PDAC last week in Toronto. John finds that the bigger the event gets, the more patience and effort it seems to take, but those who are persistent and willing to dig can still cart away useful information and insights. Read on as he shares his takeaways.
The Gold Report: You’re a long-time participant in the annual PDAC convention. Everybody who wasn’t able to be there wants to know about any compelling stories or particularly interesting tidbits that you learned this year, when the event brought people into Toronto from more than 100 countries around the world.
John Kaiser: In the past few of the 20 years I’ve been going to this conference-and this year is no exception-it has become increasing difficult to pick up any prominent buzz, be it about a sector being red hot or be it about a major new discovery.
TGR: Why do you suppose that’s happening?
JK: The reason is simple; this conference has become so big, so global. What in 1994 would have been the big Voisey’s Bay’s buzz that everybody was talking about or Bre-X in the following year, even if something like this did come along now, the collective size of 400 companies exhibiting would dwarf it. There are several hundred trade show exhibitors; numerous talks covering everything from country-focused issues to deposit models to new discoveries and so on. It’s very difficult for any single thing to stick out.
Even worse, because it is now so large and dispersed, you do not have that intensity of networking of the past, the random networking where you would bump into people you hadn’t seen for a long time and hear about this or that. By the end of the conference you had all these bits and pieces gelling in your head and you could say, “Oh, yeah, this was what was interesting.” No, now it’s the more you know in advance what you’re looking for; you make the sessions; you track down those companies, and you have the face-to-face you planned with these. So, the old aspect of serendipity of bumping into stuff and stuff floating to the surface just does not happen in this environment.
TGR: Did you have any specific goals for your newsletter or your personal business that you were able to accomplish at the conference?
JK: I always take in the commodity talks on Sunday. This year I found that very helpful, and one theme that did emerge is the growing role of hard assets as a target for managed money. Martin Murenbeeld (Commodities and Market Outlook, Gold/Silver; DundeeWealth Economics) emphasized that $40 trillion of about $117 trillion worth of financial assets in the world is so-called managed money. In other words, fund managers are running it. Of this $40 trillion, about $200 billion is in what you would call hard assets such as gold, silver, copper, ETFs, futures; these sorts of instruments linked to raw materials. Martin suggests that the trend is going from this relatively small sum to nearly $1.3 trillion; in other words, 3% of the managed money going into this category. Should this happen, there’s nowhere near enough gold at the current prices.
In another talk on copper, a similar theme was raised. When you look at a 50-year chart, copper has historically followed this pattern when inventories in the warehouses build up-which is usually during a business cycle downturn such as we’ve just been in-the price of the commodity collapses along with it until all the inventories have been drawn down. And then they spike upwards.
After the spike downwards in 2008, copper prices are back almost where they were before the collapse. Warehouse levels-while not as bad as they were at the end of the ’90s when inventories were very high and copper was at 60 cents-are about halfway there. Yet we have the higher inventories and higher prices tracking each other. The analysts are attributing this to the movement of investor capital into these hard assets that Martin was talking about, and they say that the inventories aren’t just stuff parked in the warehouse because there’s nobody to buy it. Instead, it’s already allocated to investors speculating on higher prices down the road or even treating it as a hedge against a debasement of the currencies and so on.
TGR: So we’re seeing that kind of growth not just in the precious metals space, but also in base metals. Did anybody address the idea of that kind of big money investment or fund investment in other metals besides even just base metals and gold?
JK: Yes, for example, nickel is really not supposed to be back at $9 because the old pig-iron nickel, which helped bring nickel back down from the $22 levels, was working at $11 and $12. Now they’re able to make it work at $7 and $8, so there’s plenty of nickel supply coming into the system. Still, nickel has managed to climb back to $9, while inventories are very, very healthy.
TGR: So it’s affecting copper, nickel and gold.
JK: We are seeing it in all the categories. Even zinc, which is in surplus this year and is supposed to say in surplus next year, but then is expected to go into deficit. At that point, suddenly demand is greater than the supply. It is a $1 or higher and has bounced back significantly from the low reached during the 2008 meltdown.
TGR: Did you observe a lot of activity at the conference that you hadn’t seen before, with fund managers sniffing around for compelling plays to work in what you’re basically describing as a groundswell of money being diverted into these hard assets?
JK: I polled exhibitors as to what kind of traffic they were getting, and yes, they are receiving a lot of inquiries. They’re coming from a range of sources, from the traditional European and North American institutional fund managers to a lot of overseas Asian-style managers. Of course, there’s also interest from the end-user crowd.
A big theme has been China’s movement to convert some of its foreign reserves into hard assets in terms of ownership of physical deposits. That’s why we have seen buyouts and significant investments or large equity stakes in a number of important projects stranded during the 2008 meltdown. That was the nature of feedback I got from exhibitors.
TGR: Do you then anticipate more of the global relationships blossoming and developing as we saw last year with a major Asian investor-actually Japanese rather than Chinese-coming in as a strategic partner with a North American company?
JK: You’re referring to the deal between Copper Mountain Mining Corp. (TSX:CUM) and Mitsubishi Materials Corporation (PS:MIMTF). Yes, more of that sort of thing, but really it all hinges on what happens in global economic trends.
There was no irrational exuberance at all at this conference. In fact, it’s a bit like a teeter-totter poised to go either way. There is hope that China will pull the global economy back on track and reinvigorate Europe and the United States. On the other hand, there also is concern that this will fall apart, and that as the fiscal stimulus packages come to an end interest rates start to rise that we will see a double dip recession in the North American markets. And if that happens to coincide with a problem in China, which has been going hell-bent at an incredible pace thanks to its $585 billion fiscal stimulus program, there is concern that his could end very badly.
So we are almost in the eye of a hurricane, and everybody’s wondering where we will be next year.
TGR: Which way are you leaning?
JK: My own feeling is that if we come out of this with the global economy back on track and the disparate signs of life that we see in the North American economy are actually more than just flickers, next year we should see the supercycle that dominated the talk at this conference from ‘03 to ‘08. This time it will be taken seriously, and massive amounts of money will flow into the sector. But as I say, it all hinges now on where the global economy goes.
TGR: In that context, it’s interesting to see a lot of the money still going into the hard assets as we wait for the global economy to recover.
JK: We may have to stumble for a couple of years; in which case commodity prices will sag. But if that happens, all the talk about fiscal austerity and so on will go out the window. Every nation in the world will start to print money to reflate their economy and through brute force get liquidity in the economy going again.
And when that happens, because of the conservatism that on the mining side-the supply response-there is now money ahead of that curve saying, “Okay, we don’t really need to buy copper right now. We need to buy a copper development story and put up the capital and give them the money to push it closer to the feasibility stage. Then, when we have greater clarity on the direction of the economy, we plunk down the billion dollars or whatever is needed to put this asset into production.”
That’s actually a very bullish sign for the companies exhibiting at the conference because it’s a shift away from just, say, buying physical gold to buying the ounce-in-the-ground companies. Pierre Lassonde (Franco-Nevada Corporation (TSX:FNV), in his talk (”Is $1,000 gold sugar coating Peak Gold?”) had an interesting chart that plotted the average cost per ounce, which had been rising steadily for the past two decades. But in the last year, that cost per ounce flattened even as the price per ounce of gold went up significantly. Now, what he’s saying is that a real margin is reappearing. It’s not as if the companies are finding higher-grade deposits; they are not. They have simply been able to contain costs in the aftermath of this meltdown.
TGR: What made that possible?
JK: This meltdown was very different from past economic busts because the industry had spent the entire cycle worrying that this would happen. As a result, when it finally did happen, their supply response was immediate. They cut marginal operations; they laid off people; they stopped it on a dime. This has made the cost structure quite robust, and the producers are set to benefit significantly if the metal prices stay where they are and/or perhaps go even higher.
For investors seeking larger returns, these development projects look quite good at these current prices in terms of ounces or pounds in the ground, but the companies are not reflecting valuations that take these prices seriously. These types of projects are attracting capital on the basis of speculation that today’s higher commodity prices stay and go higher in the long run.
TGR: Bargain shopping.
JK: In a sense, but it’s speculative bargain shopping. It’s speculating that your particular Beanie Baby that is cheap now is going to be very dear three or four years from now.
TGR: That takes us back to what, the ’90s? Back to the future now, what else caught your eye at the PDAC this year?
JK: I was checking out the rare earth space. Quite a few of the rare earth companies were represented, there were several rare earth receptions and a whole morning devoted to talks about the rare earth deposits, geology, market and so on. These were surprisingly well attended for a Wednesday morning, when traditionally 90% of the delegates are still in bed. So that is actually a pretty good indicator of the interest in this space.
Particularly with the assistance of one of the stocks listed going up during the days of the conference, I would say that the rare earth space is probably on the threshold of achieving a whole new level of serious attention from investors.
TGR: Any companies in that space that you find particularly interesting?
JK: The interest has been a lot of talk and a lot of tire-kicking, but not really a lot of money going into the treasury. This may change in the not-too-distant future, though.
TGR: How so?
JK: I had an interesting meeting with a representative of Molycorp Minerals, who explained their timeline of activities. If I understand it correctly, we could see a Molycorp IPO before the summer. What the institutional market is missing in the rare earth sector is a vehicle large enough for serious investments. There has been incredible media buzz about the rare earth space. The Chinese are very clearly interested in seeing rare earth deposits developed outside of China to take the pressure off them to export what they consider a resource they need to hoard for the long term.
Having said that, nobody wants to buy stocks such as Quest Uranium Corporation (TSX.V:QUC) or Avalon Rare Metals Inc. (TSX:AVL) to any large degree. With these smaller players, there are so many uncertainties about whether the feasibility study will indicate a profit margin, whether they’ll ever get a permit to get to production, or whether the metallurgical process actually will work. An aversion to investing in these very risky single-asset projects has inhibited the serious money coming into these plays. If a major company such as Molycorp does an IPO and lists on the New York Stock Exchange, though, it will validate the space and pull a lot of money into all the smaller companies. So I sense the timeliness for this improving over the next two or three months.
TGR: Do you see any other companies besides Molycorp with an asset base that could actually pull off something as significant as an IPO and list a rare earth play on the New York or Toronto Exchange?
JK: A counterpart is Lynas Corporation (ASE:LYC), listed on the Australian Stock Exchange. This company has a market cap of AU$815 billion, and last year raised AU$450 million basically from institutional investors around the world after the Australian Foreign Investment Review Board said no to a Chinese proposal to put up debt and equity financing in exchange for majority control of Lynas. So this has already happened in Australia, but that market is not as liquid and popular as, say, the New York Stock Exchange.
I wouldn’t be surprised if Lynas Corp. also seeks a New York Stock Exchange listing; however, the significance of Molycorp is that this is a home-grown, American deposit, and on April 1, we’re supposed to hear the results of the RESTART bill proposal, an analysis of what America’s vulnerabilities are to rare earth supply. If they decide that we have a problem here, the intensity of the hand-wringing about what to do about it would increase and companies such as Molycorp will receive a lot of attention as at least a major part of the solution to the problem. As you may know, Molycorp has been in the process of getting its Mountain Pass deposit back into production, and it also has the ability and the knowledge base necessary to acquire other projects elsewhere in the world to beef up its rare earth supply potential.
TGR: Thank you, John. You’d also mentioned RESTART in a conversation with our sister newsletter, The Energy Report, a couple of months ago. We recently saw a news release about this, and for readers who aren’t familiar with it, RESTART stands for “Rare Earth Supply-chain Technology and Resources Transformation.” Proposed as a means of reviving a competitive rare earths industry in the U.S., it has been put forward as potential legislation by an organization known as USMMA, the United States Magnet Materials Association (http://www.usmagnetmaterials.com). USMMA reported submitting this proposal, designed to create a path forward toward “a ‘whole-of-government’ approach to resolving the Rare Earth Elements (REE) supply crisis,” to a number of federal entities-the U.S. Department of Commerce, U.S. Department Energy, U.S. Department State, U.S. Department of Defense, Office of the U.S. Trade Representative, and Office of Science and Technology Policy within the Executive Office of the President. The RESTART proposal calls for up to $1.2 billion in funding to reestablish domestic rare earth mining as well as U.S. facilities for refining, alloying, melting and production of rare earths and rare earth-based products.
USMMA said that it has already successfully advocated for inclusion of a congressionally mandated study of the rare earth supply-chain in the FY10 National Defense Authorization Act. The organization was founded by three high-performance magnet producers and suppliers in 2006: Thomas & Skinner, Inc. (Indianapolis, IN), Hoosier Magnetics (Ogdensburg, NY) and Electron Energy Corporation (Landisville, PA) in 2006. U.S. Rare Earths, Inc. (a private company) joined the group in 2009.
John Kaiser, a mining analyst with 25-plus years of experience, produces the Kaiser Bottom-Fish Report. It specializes in high-risk Canadian resource sector securities and seeks to provide investors with a framework for intelligent speculation. His investment approach integrates his “bottom-fishing strategy” with his “rational speculation model.” After graduating from the University of British Columbia in 1982, John joined Continental Carlisle Douglas, a Vancouver brokerage firm that specialized in Vancouver Stock Exchange listed securities, as a research assistant. Six years later, he moved to Pacific International Securities as research director and also became a registered investment adviser. Not long after moving to the U.S. with his family in 1994, John cast his own line in the water, so to speak, with publication of the premier edition of the Kaiser Bottom-Fish Report.
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DISCLOSURE:
1) Sally Lowder of The Gold Report conducted this interview. She personally and/or her family own none of the companies mentioned in this interview.
2) The following companies mentioned in the interview are sponsors of The Gold Report or The Energy Report: Avalon Rare Metals, Copper Mountain Mining Corp. and Franco Nevada Corp.
3) John Kaiser-From time to time, Streetwise Inc. and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. John Kaiser, personally and/or his family is not paid by any of the companies mentioned in this interview.
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Asking everyone Who is the Third? HANDCAMP
I agree Er0ck, and with each new drill sample they pull out of the ground, I think you will see "Huge Investors" wanting to be right there when it happens.
In a separate respect to due. -
I believe Vale just invested a fortune in the latest companies technology which in all matters provides the "FUTURE" in GIS Technology - ie "Invisible glass floor technology in the Earth's crust with these flyovers? Correct me, if I am wrong, they are NOW researching new properties in regards to this which is prob why they suggested 10 Billiion dollars of new exploration in Canada this year alone.
I think K Stead has a very good understanding on all of his properties and I believe will continue to have the upper hand with KATX.(His Baby) ...Always! Still looking for 3 LOI's coming very soon.
To Sub- You were the one who started this all bud - Credit is yours.. Congrats and again and awesome work.
I concur as well with the birdman as well though:
thanks, good idea.
ken
----- Original Message -----
From: patrick roberto
To: ken stead
Sent: Friday, March 12, 2010 7:32 PM
Subject: RE: Birdmand bob and I New Claims? Wow 346 claims is huge Trinity North TIA
Well done in any case. You are the Columbus of mine exploration for all of Newfoundland. Thanks again for your hard work and efforts. We are all behind you. Hope you don't get too many new msgs. We have told everyone to try and contact IR instead.
PJ
From: kstead@katexploration.com
To: patrick_roberto@hotmail.com; tstead@katexploration.com; jzwicker@katexploration.com
Subject: Re: Birdmand bob and I New Claims? Wow 346 claims is huge Trinity North TIA
Date: Fri, 12 Mar 2010 19:25:23 -0330
Patrick
Some things never cease to amaze me. We just staked theses claims late today and didn't think anyone even here in Newfoundland knew, but you do.
These claims are where we found extremely good copper showings and the geology is the same as that of our "Rusty Ridge". Its a big parcel of land and will receive a good exploration program as we proceed on into the season.
K Stead
----- Original Message -----
From: patrick roberto
To: ken stead ; t stead ; j zwicker
Sent: Friday, March 12, 2010 7:06 PM
Subject: Re: Birdmand bob and I New Claims? Wow 346 claims is huge Trinity North TIA
Hi K and T,-- Just wanted to know we are on to you - Dome of silence has been lifted. I just wanted to let you all know you have some great people here that stick by you and love everything you are doing, because you know it all. The exploration king of the century.
Can you tell me if these are gold, silver or copper though with respect to the 256 under kat exploration, tim stead, melvin stead and you. Thanks as always in advance.
Pj.
346 New....and Counting Let's play " Let's Make A Deal"
Very likely could be another Rusty Ridge property building towards Twilite on its west20 km remember the mineralization posted on its High Rare EArth Elements and gold, and then towards South Lucky 40km up North, our original property we all got excited about with huge amounts of Copper everyone wants.
Door number 1 REE's
Door number 2 Copper
Door number 3 Gold and Silver
SUBc, Pardon me, but WE KNOW HAVE 356 NEW CLAIMS!! Subc Believe you are wrong Kat explorations staked 256 claims PLUS Tim Stead staked his claims to the south of it today, Ken Stead Jr Staked his claims adjacent to it today, and Melvin Stead staked his claims adjacent to them all -
WOW
AWESOME - Find and in the companies own name and 256 claims ....Looking to see if that is by LUCKY and Vale Inco's sure sounds like the same quadrants
http://gis.geosurv.gov.nl.ca/resourceatlas/viewer.htm
Great Post Stervc - Waiting for the merger news and you really bring the true board together with your DD.
If people aren't willing to believe in what they have and what they want to invest in - how much money can you others here make getting paid by each negative post and response...
Are jobs really that hard to find nowadays? Hell, they might be.
SpeLLLINg don't MaTer when You have RUSTY RIDGE
For those who pick on my man the bird: Good DD will always prevail. We'll be chatting with you from the islands shortly - and if your not in it now .......well your missing out on a fortune. Can't believe you get paid by each response made to you
Follow the links and see for yourselves. One of our first properties Ken has, Second would be Lucky and we know Vale is coming about quickly as well
Subject: RE: KATX HEY is the this the same RUSTY RIDGE JV with Billiton possible maybe 1984
To: birdmanbob4@yahoo.com
Date: Friday, March 12, 2010, 3:04 PM
http://aris.empr.gov.bc.ca/ArisReports/12632.PDF
http://aris.empr.gov.bc.ca/ArisReports/12632.PDF
http://142.32.76.167/Mining/Geoscience/PublicationsCatalogue/Fieldwork/Documents/1997/brown.pdf
RR 1,2,6,7,8,9,10,11 MINERAL CLAIMS FORT STEELE MINING DIVISI NTS ...
The Greenland Creek-Skookumchuck Creek area (Rusty Ridge) was sampled at . various times during 1981 by Billiton. Canada Ltd. personnel.
12632.PDF - Search mining claims steele mineral divisi fort
KAT Exploration Inc. 15 Blade Crescent Mount Pearl, NL A1N 5L1 ...
Jul 17, 2009 Ridge” and by means of an airborne sur- side of Canada, who likened many of the theRusty Ridge a little later. Other than
KATX-KATExploration09-RLO.pdf - Search pearl mount blade crescent exploration
Silicification: Hydrothermal Alteration in an Archean Geothermal ...
Corporation Falconbridge Copper, Noranda, Quebec J9X 5B4, Canada. D. H. WATKINSON, a spherulitic rhyolite dike crosscuts both Rusty Ridge
954.pdf - Search alteration silicification geothermal archean hydrothermal
I agree look em all up mininscule amounts and from 2006 way back
HUB_AGENCY_REPORT TEXAS BUILDING AND PROCUREMENT - Susan Combs ...
HUB_AGENCY_REPORT TEXAS BUILDING AND PROCUREMENT COMMISSION PAGE 1 539 DEPT OF ..... 7248 TEXAS DIAGNOSTIC IMA $269.25 7248 TEXAS HEALTH CARE PL $136.82 7248 ... 7248 TIMBER LAKE DENTAL $4822.00 7248 TMH PHYSICIAN ORGANI $700.00 7248 ...... MOBILE PHONE OF TEXA $44.90 7517 NEXTEL $149.97 7517 NEXTEL
HANDCAMP: For the New Investor's Here and maybe some longs who have forgotten who KATX is and the people who believe follow below:
From many posts I have gathered on numerous files save and countless hours researched goes to these guys below. Know it doesn't include everyone, but a quick glimpse from what made me initially believe here. Much thanks. Still holding long from the 19's.
pj
Posted by: stocksgonewild Date: Saturday, November 21, 2009 7:48:47 AM
In reply to: None Post # of 28301
You guys have to see this MAP! Annotated
***See the three circles? The one on the bottom is the Gullbridge mine...
The Gullbridge Property hosts several historic base metal occurrences
including the past producing Gullbridge Mine where "ore reserves"
reported in 1953 stood at 4.35 million tonnes grading 1.24% copper, based
on a Newfoundland assessment file report titled "Geological Synthesis and
Interpretation of the Gullbridge Property" by Dr. J.H. Akkerman, Ph.D.
Goldman sees 2010 copper price at $5,800 per tonne
http://www.reuters.com/article/rbssMiningMetalsSpecialty/idUSN1647319820090616
***The middle circle is our Handcamp-MAC Zone Claims...if my DD is correct our claims span all along that yellow early to middle Ordovician zone on the map...same zone as the Gullbridge mine...
Handcamp Gold Property
High grade – Gold, Copper, Zinc , Lead & Silver.
The "Handcamp" is located approximately 33km north of Badger, central Newfoundland and 10km northeast of the old abandoned "Gullbridge" copper mine. Abandoned logging roads run through the property allowing for excellent accessibility and mobility of heavy equipment. One 50m wide mineralized zone lies within a stratabound structurally complex zone which lies near a major east-directed thrust within the Roberts Arm Group and is reflected in folding, shearing and mylonite development. Superimposed on the volcanogenic sulphide mineralization is epigenetic disseminated gold mineralization. The best sulphide mineralization is associated with sericite schist with veinlets and dissemination having been traced over a strike length of 1200m. 44 line kms of grid work was cut at 100m spacings east and west of a 2km baseline on the Handcamp property by Dennis Rowsell and company. 1700 soil samples were collected along the grid at 25m spacings of which 150 samples were assayed for gold and base metals displaying excellent results. The central core of the grid was prospected by foot leaving much more to be done in 2010. Rock samples were collected over the prospected areas with numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au. along with excellent Zn, CU, Ag numbers ( massive to simi-massive sulphides ).A chip sample was cut over the main Handcamp gold showing averaging 7.1g/t Au over 8m (27ft). Due to the world interest in gold, this property will become the focus for Kat Exploration over the next years.
***Last but not least, my favorite, the circle at the top is our KATX Handcamp gold claims...numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au. Do some research on these numbers and you will see that they are off the frigg'n charts!
http://www.nr.gov.nl.ca/mines&en/geosurvey/maps/nl/html_nf/images/96-32.pdf
Posted by: Doubloon Date: Saturday, November 21, 2009 8:50:59 AM
In reply to: stocksgonewild who wrote msg# 3037 Post # of 28301
Finally, someone who gets it!!!!
I get tired of pounding the table and no one listening so I try and sit back and just watch, I said try, been hard with this one because I realize what they have here. Anything over 3 grams per ton is mineable under certain conditions, and we have here what??
Thank you stocksgonewild for realizing the numbers
[i[Last but not least, my favorite, the circle at the top is our KATX Handcamp gold claims...numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au. Do some research on these numbers and you will see that they are off the frigg'n charts!
Posted by: stervc Date: Saturday, November 21, 2009 2:19:20 PM
In reply to: Doubloon who wrote msg# 3039 Post # of 28300
Doubloon, with your KATX thoughts...
No more jumping up and down on the table for you... I am. I'll take that shift for now. Now I'm really starting to get excited after further research.
I think we all should be "calling the puppies out the woods" here with KATX. There is more... much more… that many will need to be patient and simply watch how this transforms into something very awesome. There is still yet much DD that we all have missed... or at least not have been posted yet... that confirms why we all should be jumping up and down on the table. I’m still amazed at how cheap KATX was and still is.
v/r
Sterling
Posted by: Texas Ripper Date: Saturday, November 21, 2009 8:37:02 PM
In reply to: Doubloon who wrote msg# 3079 Post # of 28299
owning a piece of a possible world class gold mine for 3 cents? count me in!
Respond | No replies
Posted by: bnfkdb4 Date: Sunday, November 22, 2009 9:06:19 AM
In reply to: Doubloon who wrote msg# 3079 Post # of 28299
high risk high reward, my kind of play but them I'm both an investor & a gambler...& I already have my M $$$$$$$$$$$$$ because of that. And I am investing heavily in a gamble that KATX will do exactly as you mention & I concur completely Mr. Doubloon & I do believe the odds are in my favor.
Sky
Respond | No replies
Posted by: Ely Date: Sunday, November 22, 2009 9:21:18 AM
In reply to: Doubloon who wrote msg# 3079 Post # of 28299
How close are the claims of KAT Exploration to the Viking Gold Properties? Anyone know?
"The Viking project continues to hold excellent upside potential
and the company will continue to unlock that potential as it works towards its goal of delineating a multi-million ounce gold deposit."
Northern Abitibi Mining provided assay results for drill holes 09VK-40 to 45 from the Viking gold property in Newfoundland, Canada. The final drill results from the 2009 drilling program have been received and continue to outline the continuity and size potential of the Thor Trend. New zones of high grade mineralization have been intersected within larger potentially open pit minable zones of lower grade mineralization. Best holes include 09VK-41, returning 19.9 m of 1.6 g/t Au and 1.4 g/t Ag from 21.1 m.
Respond | No replies
****************************************************
Posted by: stervc Date: Thursday, November 19, 2009 9:40:35 AM
In reply to: stocksgonewild who wrote msg# 2132 Post # of 28301
stocksgonewild, with your KATX DD and Others...
Your KATX DD has been awesome! I think all should read:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43715078
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43719780
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43719956
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43720019
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43720050
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43720176
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43720249
DD Courtesy of Investor911, Doubloon, bobafett, & others to get a little more up to date on KATX:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43723179
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43720886
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43672095
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43695799
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43681286
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43716871
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43674779
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43678563
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43657998
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43677255
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43723166
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43722557
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43715844
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43715504
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43715412
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43715134
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43540370
v/r
Sterling
Maybe his posts are getting deleted by IHub after yesterday. Never know, but I back him no matter what. Great guy. and smart!
Like previously posted KATX Mineral license querey rights Everyone should have this bookmarked already , but cheaper to be put in other names - notice that Katx is now putting everything in their company name - money not concerned with and don't forget they put their properties in the past under 3 boardmembers. Not two
http://gis.gov.nl.ca/mrinquiry/mrDisplay.asp
Now you know why I am obsessed with Twilight Kat Explorations - Now don't forget it costs more to put mineral license numbers in a corporation's name rather than an individual's and Ken has also mentioned they put their properties under 3 of their boardmember's names when they register. Not just Ken and Timothy, there is one more. For those who like to check new claimsites each week.
PJ
And if this new article out from infomine regarding Toronto doesn't get your spirits up, the just look at the next paragraph down --- showing our dear friend to south of us in who bought out Duck Pond recently and the past owner Aur Resources .( The Mighty Teck of course) in the range of
I think, close to $40.00 a share or 4 billion dollars. Out right!
http://www.mineweb.co.za/mineweb/view/mineweb/en/page67?oid=100598&sn=Detail&pid=1
GOLD PRICES TO STILL OUTPERFORM EQUITIES
E&Y says 2009 ‘extraordinary' for mining with changes to resonate for years
Ernest & Young's Tom Whelan suggests Canadian mining's openness to foreign investment has put Canadian miners in a unique position on the international stage this year.
Author: Dorothy Kosich
Posted: Tuesday , 09 Mar 2010
TORONTO -
As the global credit crisis choked off access to debt and capital for many mining and metals companies and metals prices plummeted, mining companies made cost reductions their mantra.
Western Canadian mining and metals giants made few deals and suspended many of their exploration and new production plans in 2009.
Meanwhile, Chinese investors emerged as the new buyers as valuations dropped and companies were targeted by bargain hunters.
In a report issued Monday Ernst & Young asserted that the credit crisis has fundamentally changed how Canada's mining and metals companies and their transactions will be financed going forward.
"We believe this swing in the economic cycle will be governed by companies taking a conservative approach to debt in combination with a return to equity," E&Y noted. "And that equity will likely come from new sources such as Chinese investors and sovereign funds."
Several global trends emerged from the challenges of 2009 including a fundamental shift in mining project financing, the emergence of China as a global player, and a widening gap between supply and demand, the report suggested.
Because most mining and metals companies placed their exploration and production on hold due to the global economic crisis, supply is now scare. This increased need for minerals and metals bodes well for the investment outlook of the sector this year, E&Y advised.
The top 100 TSX mining companies found their aggregate market value increased 64% to $325 billion by the end of last year. To be included on the TSX 100 companies had to achieve capitalization in excess of $430 million up 230% from last year's $130 million requirement,
GOLD Of the top 100 TSX mining companies, 50 were gold companies as of December 2009, E&Y determined. "The broad base of support from both the supply and demand side provides an impact cushion against shocks and is therefore, a key source of stability to the gold price," E&Y said. "As a result gold spot prices are expected to remain strong in the medium term, and should continue to outperform the general equity markets."
In their research, E&Y found that 75% of the top 100 companies thrived , increasing their market capitalization by as much as 500% "with a remarkable 20 companies seeing an increase of over 500%."
The top 100 also rewarded investors, E&Y suggested. "Over two-thirds of the companies saw their stocks rise by up to 300% and 13 saw an appreciation in excess of 500%."
CASH IS STILL KING
The aggregate debt held by the top 100 decreased by more than 11% from $40.8 billion in 2008 to $36.2 billion in 2009. "Many companies have been focused on debt restructuring and securing new sources of financing," the consultants said.
"The significant decrease in debt and, conversely, increase in cash confirms that mining companies have been successful in their efforts to reduce overall leverage and implement more conservative capital structures."
E&Y found that cash-to-market capitalization improved "dramatically' in 2009, "with not one of the TSX top 100 reporting cash reserves in excess of market capitalization versus five companies reporting those reserves in 2008."
Average ratios for debt-to-equity have increased from 27% to 23%--while the number of those companies holding in excess of 100% debt-to-equity decreased to three due to more conservative credit markets.
Three companies - PotashCorp, Goldcorp and Sherritt International -increased debt levels by over US$500 million. E&Y noted that Goldcorp's total debt increase by more than 100 times although the company's debt-to-equity ratio remained below 5%.
"The message here is that debt, while still not easily available, is available to companies with solid balance sheets and well-established assets," the report said.
M&A-HEIGHTENED ACTIVITY, LOWER VALUE
Deal values and numbers were predictably down in 2009, E&Y said.
Canadian companies conducted deals to the value of US$10.2 billion. In 2009, 442 mining and metals transactions were completed domestically or by Canadian firms internationally.
The two largest domestic deals included Pan American Silver's US$469 million for Aquiline Resources and New Gold's takeover of Western Goldfields for US$277 million. These were both share to share transactions.
Canada's largest off-shore deal was achieved by Eldorado Gold, which acquired Sino Gold Mining for US$1.4 billion in a stock-swap transaction that makes Eldorado the largest foreign gold producer in the world's largest gold producing nation.
"The strong growth in transactions volume reflects the consolidation of many of the junior mining companies-as limited cash flow in 2009 drove the need to streamline their businesses to focus on core operations," E&Y said. The total value of these transactions plunged 70% from 2008 values, reflecting fewer megadeals and generally lower average deal values.
NEW BREED OF INVESTORS
During 2009 China became a major investor in Canadian mining, accounting for 34% of all activity.
"China focused on stockpiling commodities in 2009, establishing inventory reserves in anticipation of continued economic recovery and fuelled by state backing exceeding US$2 trillion in reserves," E&Y noted.
Notable Chinese investment included China Investment Corp.'s US$1.5 billion in Teck Resources and US$500 million investment in Consolidated Thompson Iron Mines.
In their analysis, E&Y asserted that the international appetite for Canadian resources is sustainable. "Canadian companies have been open to foreign investment, and there has been no foreign limits placed on investments in domestic commodities by other countries."
"We believe this opens up opportunities for Canada in 2010," the consultants added. "Canada's low-risk investment environment also makes it an attractive investment decision."
.................
http://search.bnet.com/index.php?q=aur+resources
Teck Cominco Limited Acquires 93% of the Common Shares of Aur Resources Inc.
TORONTO, ONTARIO, Aug 22, 2007 CCNMatthews via COMTEX -- Aur Resources Inc. (TSX:AUR)(SSE:AUR) announces that 93,620,968 common shares of Aur ("Aur Shares") have been validly deposited pursuant to the offer ("Offer") made by Tec TORONTO, ONTARIO, Aug 22, 2007 CCNMatthews via COMTEX -- Aur Resources...
Under the Offer, Aur shareholders could elect to receive CDN$41.00 or 0.8749 of a Teck Cominco Class B subordinate voting share and CDN$0.0001 in cash, per Aur Share, subject in each case to pro-ration. Aur shareholders who elected to receive shares will receive 0.8749 of a Teck Cominco Class B subordinate voting share ("Teck B shares") and CDN$0.0001 in cash for each Aur Share tendered and those who elected to receive cash will receive CDN$32.54 in cash and 0.1805 of a Teck Cominco Class B subordinate voting share for each Aur Share tendered, subject in each case to adjustment for fractional shares. In aggregate, Teck Cominco will pay approximately CDN$2.9 billion in cash and issue approximately 20.5 million Teck B shares as consideration for Aur Shares tendered to date.
Especially Since Vale Inco just struck out yesterday with it's workers and future nickel, copper at Voisey Bay. WOW - didn't see that happening at the PDAC this weekend. Go KATX and remember, like in the previous post today, Duck Pond has Roads in and out of the area built.
A Beer for you and me Mr. Gump…..K Stead, Brother T. Senior St. and much others who believe in Kat Explorations
Let's turn the other cheek, like our CEO has Stated and invite those to be part of this great wild adventure
What Gump has failed to do was put anything he said in perspective. We don't compare to any jr mine exploration company that is at our stage in the game right now, and even most that are a bit ahead of us. Simple as that. Yes we are trading at around .05 cents right now, but that is pretty much around where we should be at the moment. We got exciting properties, great surface numbers, great airial scans, a great ceo and a good share structure, but we still don't know what's in the ground....... YET. But NOW WE DO NOW!
And thats the key word, once we get the test results back from any drilling it will confirm whats in the ground, what this company is worth, and how much possible revenue KATX might gain from this. The pps will shoot up literally overnight. So right now, 5 or 10 cents might be a good number for us, at any moment this could change with a COUPLE JV and new test drilling or any number of other company changing news events. PDAC Sunday and a few days only -then Back to work !!
With mine exploration companies, until they drill, you don't know exactly what they have or what they are worth. So you must base this on supporting evidence until they do the actual test drilling. Right now the supporting evidence shows FAR higher amounts of gold and copper and URANIUM, ZINC and REE's on their properties than any surrounding mines currently have.
Right now, they have a CEO with a great track record who actually does exactly what he says he is going to do. You have a stock that is not severely diluted and now has no possibility of being diluted thanks to the massive AS reduction. And you got the start of test drilling on their hottest property HANDCAMP coming VERY soon this SPRING.
So what does this all tell us? It tells us KATX is worth taking a chance on because everything is lining up for this to be a great investment. There is a great chance there properties have a ton of gold on them, but even if they only have a decent amount they still stand to make money from it. And we got 2 HUGE promising GOLD properties, and 3 really really promising copper properties. So the chances of all of these being "duds" is quite low. The chances that 1 or two of these properties actually has a massive amount of gold or copper or REE's is EXCELLENT!
Let Ken know please, if gump responds with some other similar mineral exploration company claims that meet his list of 15 things that make KATX different. I would love for him to find some because if they are in anyway similar to KATX I would love to invest in them as well.
11. A company that is 5 years old yet perfectly clean and has never had any issues with the SEC or any other body, no negative track record or investor accusations of wrong doing.
12. A pink sheet mine exploration company that has set a list of goals and has met and exceeded each one of those goals in a timely matter.
13. A pink sheet mine exploartion company that has an O/S of less than 500 million, a float of 320 million and a A/S reduced by 2 billion to only 720 million preventing further dilution.
14. A pink sheet mine exploartion company that is about to start a major test drill program on their most promising property.
15. A pink sheet mine exploration company that has properties that have shown gold levels as high as 202 g/t, 158 g/t or any where close to those numbers.
16. Well All you Longs Know where this is going..Corp Lawyer, SEC, Uplisting, JV Partner(S), No SELLING!!!!!
AND EVERYONE DON'T FORGET TO LOG IN TO THE PDAC, IF YOU HAVEN'T REGISTERED YET.
PJ
http://www.pdac.ca/pdac/conv/index.html
http://www.virtual-exhibition.com/home.html?name=vpdac10
With Re: to Shorting - from 'trader' himself on Wallstreet
ok let me check into it but the best way to fight shorts in that regards is to make sure all shares are locked up with a sell price. And it helps if you can keep the bid price one decimal over the highest MM & place buys 1 decimal over the current ask so that they have to fill the orders & can't hold them back until they can find shares or short them. btw that same SEC Rule that states that an offer to buy @ 1 decimal over ask must have priority also states that you MUST be filled @ the best current price which will be the current ask unless they raise it & get out of the way. (50% on bid & 50% on ask, w/ the above formula) Hope this helps & any further questions just ask & I'll try & answer as time allows. GLTU
KATX has silver, AND gold, AND copper, AND REEE"s. Let's guess who is taking Handcamp?
Has anyone seen this?
Posted by: Imperial Whazoo Date: Monday, June 01, 2009 4:19:16 PM
In reply to: None Post # of 6643
Well, well, well well well.... guess what I just dug up?
Remember this PR?
http://finance.yahoo.com/news/Silver-Falcon-Mining-Inc-SFMI-iw-15165482.html
By making this a BLM issue, the docs in question are public info. Public data folks. Cut to the chase: SFMI ain't lying to us, folks.... straight shooters.... simple as that!
Here's where you go to get the docs for yourself. I downloaded them as PDFs and they are exactly as PRed.
1) go here
http://www.geocommunicator.gov/GeoComm/landmin/home/index.shtm
and on the left pane, choose "Map-Viewer". Click on it.
2.) You will get a map of the US. go to the SW corner of Idaho.
3.) Click the map till you get the city of Murphy in the middle. Click in the mountains to the SW of Murphy
4.) To the right is a panel with a bunch of check boxes. The one that gives you a grid is PLLS. Check it.
5.) The grid will come up labeled with the Townships in the boxes in black letters. You are looking for Township 5 South, Range 3 West
6.) At the top right of the map tool, there is a choice box that is demarked by a down arrow. Click on it and you get all the different catagories.
7.) Be sure Mining Claims & National Mine Land Inventory are checked. You will see a grid in brown in two blocks on the map. Thats where War Eagle is. Thats where the sinker tunnel is
8.) Click on the left-most of the two grid areas. You will get a database report in the window that opens. The 5 docs you are interested in are SINKER 1 thru SINKER 4 and SINKER TUNNEL 1
9.) When you view any of these, you will see a button on the page that has an icon button that will allow the doc to be converted to a PDF doc. Click on it for each doc and save the PDF to your hard drive.
There you have it folks. The pinkies are too often a disaster in the making but in this case, the exact things we are being told are the things being borne out by governmet documents.
Put that in yer pipe and smoke it !! On rushining train? ROTFLMAO. We may be being lied to but, in this case, the culprit ain't the company.
Hope that helps :o)
ImperialWhazoo
TWILITE AND HANDCAMP- Help....Does anyone know how to post screen shots saved from pdf files ie.... maps, drilling recommendations and depths. png files. Amassed a few different things of interest beleow:
handcamp proposed drill sites alongside borax .png
handcamp propertyblack and white1.png
handcamp recommended drilling sites extended.png
handcamp recommened drilling continued.png
Handcamp First recommendations on drilling.png
HandCampRecommend3.png
maptwilite.png
Handcamp Bushy Bogs and Boulder Prop May for referece.png
Handcamp Drill Start.png
1984AssessmentReportHandcamp.pdf
final report handcamp 1983.pdf
katxexploration1988Valuation of Handcamp!!!!.pdf
handcamp1930 to 1968.pdf
twilitemap4.png
twilight mapshowing how big.png
twilitemap2.png
twilite propertymap.pdf
twilite property2003!!!!!.pdf
BHP maybe for Colliers and or Rusty - both are ready to drill as of now
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Two cents from Vales conference call this past week regarding Inco and Canada mining
Canada?
Vale Inco?200 Bay Street, Royal Bank Plaza?Suite 1500, South Tower,
P.O.?Box 70?Toronto, Ontario, M5J 2K2?Canada?Tel: 416 361 7511?Fax: 416 361 7781xt
year’s budget represents an increase of 29.3% on the US$ 10 billion invested over the twelve months to 30 June 2009 (this figure does not include the US$ 1.5 billion spent on acquiring copper, coal, potassium and iron ore assets). The investment plan continues to reflect our concern with organic growth as the focal point of growth strategy: 76.6% of the budget is allocated to financing R&D, Greenfield projects (unexplored mineral deposits) and e brownfield projects (near to existing operations), compared with a figure of 71.1% over the last five years.
Total investment planned for 2010 is US$ 12.894 billion. This figure includes US$ 9.876 billion for organic growth, corresponding to 76.6% of total expenditure. Of this, US$ 8.647 billion will be allocated to project implementation and US$ 1.228 billion to R&D. Expenditure earmarked for R&D includes US$ 621 million to be invested in our mineral exploration program, US$ 488 million in concept, pre-viability and viability studies aimed at developing identified mineral deposits, and US$ 119 million for new processes and technological innovation and adaptation. Investments to sustain existing operations amount to US$ 3.019 billion, representing 4.8% of our asset base in June 2009.
Excitement draws people to the Investors Exchange
The Investors Exchange offers companies first-class facilities where they can showcase their projects.
AT THE HEART of the PDAC International Convention’s growing significance for the mining world is its Investors Exchange. There, in the hundreds of booths set up by exploration and mining companies, and in the aisles filled with shoulder-to-shoulder crowds, you can almost physically feel the excitement and buzz that draws thousands to the convention each year.
The Investors Exchange is the place where deals are brokered, contacts are expanded and the ground- work laid for an exploration or mining company’s success. This is where dark-suited men and women and casually dressed bargain-seekers do much of the mining world’s business.
The Investors Exchange is a relative newcomer on the PDAC International Convention scene, dating back to the days when the convention was held in Toronto’s Royal York Hotel (now the Fairmont Royal York). The core shack was already an established feature for convention attendees and the convention committee envisioned bringing junior companies in as exhibitors.
The first Investors Exchange was held in 1994 and, hard as it to believe today, it was a struggle to fill a small hotel room with booths.
But the exchange grew quickly. By the third year, it filled two rooms and began spilling over into other areas of the hotel. There was already a waiting list for booths.
In 1997, the convention moved to the north building of the Metro Toronto Convention Centre and con- tinued to grow. By 1997, it contained 163 booths and that number had grown to more than 200 by 2000. At the 2004 convention, exhibit space sold out long before the convention opened, and extra rooms had to be set up to accommodate the 331 exploration and mining companies occupying 352 booths. By last year, a move to the more spacious south building of the convention centre had become necessary. The move provided much needed additional space for the 650 exhibiting companies in the Investors Exchange. In good times and bad, the Investors Exchange offers companies an unparalleled venue to showcase their results to investors from down the street or around the world. It’s an opportunity that belongs in
every company’s strategic plan. Convention registration begins this month. For more information on the Investors Exchange and the
MAP 96-32 Open File 012H/1367
Springdale
12H/8
49° 30'
25'
20'
15'
10'
5'
49° 00' 56° 00'
GEOLOGY OF THE ROBERTS ARM BELT BETWEEN HALLS BAY AND LAKE BOND, NEWFOUNDLAND (PARTS OF 12H/1 AND 8)
For those interested in DD
You said "Colliers and Shaylee bunyans cove?" I say it looks like a strong possability Hand Camp,Rusty,Lucky/Vale,Twilite all or most of thiese may be going to be Partnered in Jv's...Arnt we going to save any thing for next year??? I hope so! and please as always you have my permission to post....Bird dude bob :)
Canadian Intergovernmental Working Group of the Mineral Industry, 2003, Overview of trends in Canadian mineral exploration, Minister of public works and government services Canada, 2004, 153 p., accessed at URL http://www.nrcan.gc.ca/mms/pubs/explor_e.htm.
http://wrgis.wr.usgs.gov/open-file/of02-268/of02-268.pdf
percent of the world's gold, and 9 percent of the world's silver. (Singer, 1995). ...... geology of the Central Volcanic Belt of Newfoundland, in ...
. pubs.usgs.gov/sir/2007/5082/sir2007-5082.pdf
.
. [PDF] USGS Open-File Report 02-268
. File Format: PDF/Adobe Acrobat - View as HTML
. by DA Singer - Cited by 16 - Related articles - All 3 versions
. Gold grades of this type are correlated with molybdenum grades (r = 0.63, n = 54 ). Silver grades ..... CANADA, NEWFOUNDLAND. CNNS. CANADA, NOVA SCOTIA ...
. geopubs.wr.usgs.gov/open-file/of02-268/of02-268.pdf
.
. International Mineral Exploration
. by DR Wilburn
. Gold exploration activity by region for 1995 through 2004. ... Inco Limited's Voisey's Bay project in Newfoundland, permissive geology for new discoveries, ...
. pubs.usgs.gov/ds/2005/139/