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Thanks David,.....We Good...eom
Problem here is no Rally Monkey post yet
So please, I know you guys have it. Give it up!
Looks like it was delivered to KatX
by the bird. He states on his site that he sent it to Ken yesterday, not sure about that, but if he brought it to Kens attention and it ended up on the website, I would have to agree with Daggfish, that it is a no-comp story.
Don't forget the goal
No matter how many yards you rack up, if you don't score, it means nothing....
Ken seems to have went in hiding
I remember reading some correspondence from Ken to Bob, but that type of talk has seemed to stop. I guess that is good news for us, because I can only assume that Ken did this on advice from legal counsel. Hope that means we are destined for greatness.
Reason for Assays over other methods
This is from Actlabs. The company Kat has used in the past and they are located in Newfoundland.
Assays provide quantitative determinations of elements in non-processed geological materials. Assays are usually required only
when the client knows or suspects higher levels of metals in samples. Geochemical methods generally provide lower detection
limits than assays. For lower levels, geochemical methods should be used.
http://www.actlabs.com/files/Canada_2010.pdf
Now we have 10bans on the board. eom
Time for a VIDEO CONFERENCE CALL
Birdman had a link to another small, exploration company doing just that. It would be a huge boost to the existing SH's. We have alot of questions. Not just SP type questions, but true interest in daily operations of an exploration company. Maybe I speak for myself, and my 3 or 4 friends that used to like me, before they ate my wifes version of Dressing....no comment....Go KatX
What was our timeline(lease) on Rusty?
I'm thinking it's been at least a year, and if they hit what they needed on the first two drills,then it is best to save time and get your assays. That gives plenty of time to JV it, sell our interest.
Does the end of the year have anything to do with us getting the results from Rusty? I'm talking about Tax issues. Maybe something they would like to have on the books for 2010 instead of rolling into 2011. I know that our company works some issues, so we have the best Tax favors, our way.
So many things that could be going on and we will have to wait and see.
I think we may see the Press Release blitz, one after another. Just too many projects with hanging info.
Lucky's JV option with Vale
Handcamps Phase II
Rusty Ridge assays
KATG share distribution
....my head hurts...I need waffle house...
oh yeah, Go KatX
We had targets, we hit the targets
Not much else you can say. The PR says the targets were hit.
The website says Rusty Ridge deep drill targets. It's said that for months. Now we wait. The magnetic anomalies were detected before drilling. That only leaves IOCG, REE's. We good.
market time for wednesday and friday? eom
Thanks popunjay. I couldn't find the link
ActLabs looks to be our assay lab
I didn't know exactly how they test, but our lab from HC has a great explanation of crushing to size It appears that REE's are the most difficult to test. If you are a very intelligent, geo, you probably could guess our timeline for returns. During the HC results, Ken expedited the results, and metioned it in the PR. Not this time. Looks like they have a lab in labrador.
http://www.actlabs.com/files/Canada_2010.pdf
Mr. G, you think Kat uses Actlabs?
or no idea
Newfoundland has a history of huge copper discoveries
Tilt cove on the NE coast was one of the largest copper producers in the world.
Since it's a slow day, I love to read the facts on the types of properties we are drilling.
http://www.heritage.nf.ca/society/mining.html
I understand.
Everytime I have sent Jack an email, he has always responded with what I would consider, very cordial information. I didn't take it as being rude or abrupt. I sent it, so I'll see if he responds. I ask this time for the response to be on the blog.
stop it renaissance, you're making me hungry
I get angry when I'm hungry. Good Turkey hunting. Go KatX
I find it odd, nothing on the website
Nothing on the blog or PR area concerning the news from yesterday. I think I will email Jack and see if he can blog anymore info on how drilling went, any problems, has Cabo removed the rig?
That's whats great about smartphones.
I can watch the board, post and buy and sell. It almost makes my laptop obsolete.........except when I need to print something...
Jayree, there should be 100k available
...I put some out there this morning at $3.....We good. Go KatX
Just pinched myself, yep, I'm a real investor
just checking...
Vale halts construction of nickel plant(newfoundland)
it looks like a pretty slow day, so this is an interesting read from Newfoundland, yesterday afternoon.
http://www.cbc.ca/canada/newfoundland-labrador/story/2010/11/22/nl-vale-slag-1122.html?ref=rss
RR had 2gt gold in 2009 outcrop
....that's almost one year to the date of our cores going to the lab...
FBI raids 3 hedge funds
http://news.yahoo.com/s/nm/20101122/us_nm/us_hedgefunds_fbi
Maybe fear might help all symbols tomorrow. We could use it here.
Why wasn't news on the blog?
or on the website at all? Management told us that we would be updated on the website. Guess they missed that one.
Flow chart called for a copper symbol
Let's see if we get a new symbol just before the release of the RR core info. If the cores have been systematically sent to the lab, over the past few weeks, they should have finished a good number of the assays. Our next round of news, could be massive information, including a clear direction of where the company is going. JV's, you name it. It's an exciting time for me.. Remember, the Pope said that the visit would change his families life. We good.
41 days, just what noddy said!
If you follow the Aussie poster, his timeline for drilling is spot on. If you would like to follow up on some great drilling info, look for his post. This is great news for all KatX investors. The amount of time and money spent for 2 holes, is going to reward the investors, well. Thanks to Sterling and Inv911 for pointing me in the right direction. Thanks to $heff also. Go KAT!!
KatX looking for minerals, mines, OIL
I wonder if Ken has ran into something unexpected? I reference the Popes pamplet from the conference, stating KatX is interested in oil.
Last Updated: Friday, November 19, 2010 | 5:45 AM NT Comments2Recommend13.
CBC News
A junior mining company is planning to spend $6 million on exploratory drilling for oil in western Newfoundland over the next two months.
"It could make a nice difference to some people that are working at the project, and also there is a promise that with success of this, well, then it could build into a fair-sized industry," said Steve Millan of Canadian Imperial Venture Corporation.
The company is looking for a couple of dozen workers to help it on the Port au Port Peninsula next month. Millan said the company has received more than 400 applications for those jobs.
The company, which has been drilling in the area for more than 15 years, has already spent more than $30 million on exploration
Read more: http://www.cbc.ca/canada/newfoundland-labrador/story/2010/11/18/nl-western-oil-1118.html?ref=rss#ixzz15r20wSVBhere must be enough oil in Newfoundland because this company seems to have something.
Looking at the veracity of the balance sheet
Doesn't include the unions and pensions that were left hanging when the bankruptcy was looming and the bailout occured. Now over the next 3yrs, all these debts will have to be paid back. This will possibly send the share price down over the next 2-3 yrs. These paybacks are also in the billions, so I don't think the facts are out just yet.
Day 38 of drilling,..we good
It's like a super-cool, continuous drum roll. Like before the national anthem....., before the band starts and the flag goes up and the jets fly over....That kind of "We Good".
gosh those guys buying the motor company
They could easily had a much better buy here. I was looking at the volume of that thing, at $34 and nearly 400mill. They bought into a failed business, that so far, hasn't proved it can do any different. Here we are, a solid company with so much going for us. The return here is better than anything they could ever hope for over there.
P.S. Can't tell I'm a Ford man can you?
I miss the crying baby days, nights
I remember when I thought it would never end. I got no sleep....Now I would give anything to have those days all over again. If me and the miss's had to do it all again, we said we'd have at least 8 of em. Love kids.
Is this the 1bill from Canada?
We talking about this money?
getredneck Share Wednesday, October 06, 2010 10:24:48 AM
Re: None Post # of 109492
VALE gets 1 bill from Canada
sorry if this is a repost. This is incredible. This is great news for Kat with our JV on Lucky. The money is there.
By: Liezel Hill
4th October 2010
TEXT SIZE TORONTO (miningweekly.com) – Canada's export credit agency Export Development Canada (EDC) has agreed to provide up to $1-billion in financing to Brazilian mining group Vale, to help fund projects in Newfoundland and Labrador and Ontario, and to buy Canadian products and services for the company''s international operations.
Up to $250-million will be available for spending on the nickel processing plant Vale has committed to build in Newfoundland and Labrador, and another $250-million will be earmarked to finance a handful of projects that Vale is planning in Ontario.
The remaining $500-million will be available for the future purchase of Canadian goods and services by Vale for its operations outside Canada, or to support Vale exports involving signed contracts with Canadian suppliers.
Vale, the second-biggest mining group in the world and the largest iron-ore producer, bought Canadian nickel-miner Inco in 2006.
The company's expansion plans will create “hundreds of millions” in potential supply and services opportunities for Canadian companies over the next few years, the EDC said in a statement.
“The recent global recession has emphasised that diversification of markets will be key to growing Canada’s exports in the coming years,” EDC CEO Eric Siegel said.
“Vale’s global operations provide opportunities for Canadian companies to gain a foothold in key emerging markets like Brazil.”
The funds will be provided through an unsecured nonrevolving bilateral loan facility.
I'd take the .50 for my BVIG
....and I would have put it all in KatX!!!!! today!!!!!
on slow days, interesting reading on IHUB
at the sheriffs station. Especially the jail. Anytime someone hasn't been posting for a while, I always check the jail. Every now and then, you see a fellow poster, beggin for lieniency.
Anyone see warrant posting?
since he was friends with the Steads, His post were always interesting.
Cabo list the Quebec exploration 2010
Not far from Newfoundland. Think I'll shoot an email to Jack just to see if Kat is attending.
http://www.quebecexploration.qc.ca/english/home.asp
Kat may be moving faster than thought
If that's true, the flow chart might really be tweaked. We could see KatX going straight to KatG. They may not have time to acquire another Bulliten Board symbol fast enought. If not, then we are all going to bank more than we thought. KatX hits with RR and we don't go into another BB, then we all win. Then if they do a KatC distribution, we bank again. Mind boggling.
hmm. a wimpy BVIG trade. hmm
I just don't get that one. What's with that symbol right now.
I personally wouldn't advise anyone to buy it. I don't think any of us know exactly what our shares are worth. I think any purchases right now, are probably extremely risky. I do like looking at my fantasy portfolio with KATG/BVIG entered. It looks good everytime I see it. Did I say I don't advise anyone buying it? I don't advise any of my close friends to buy right now. For the rest of you, if you would like to increase your position and increase the PPS, by all means, slap, smack (do the Pacquio to Margarito on that thing)Buy all you want.....
Obama trip...failure. QE2, failure
Good thing Kat is working in Canada, where the country actually supports industry, without punishing them. American government interest in industry, should be more than monetary gain. It needs to be less government intervention and more profits for American companies.