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BVIG Ekom Eya property sits within the Bibiani North Prospecting License, (which will soon become a Mine Lease, according to NOBLE) just like the Mine Lease (shown in brown on the map below)
(See more info in the I-box)
It is also interesting to read that NOBLE has accepted the Financing Offer from Resolute Mining. Nov 8, 2012
NOBLE ACCEPTS REVISED A$85M FINANCING OFFER from RESOLUTE
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Noble-accepts-revised-A85m-financing-offer-from-Resolute.pdf
It is intended to convert the Bibiani North Prospecting License into a mining lease by the end of the Calendar year. Inputs have commenced with a number of activities to derive a resource model.
Agree Stayahead....
Looking for news and getting our spin-off shares soon. :o)
BVIG Ekom Eya Report
http://www.katexploration.com/Graphics/properties/Ekom%20Eya%20Gold%20Property/Ekom_%20Eya_Report_Western_Region_Bibiana_Ghana.pdf
Paul Abbott
http://www.linkedin.com/pub/paul-abbott/15/b47/732
Kat Gold Holding Corp
Advisor
Paul Abbott
Paul holds a MSc in Mineral Exploration from Rhodes University and is a member of the Geological Society of South Africa. Paul Abbott is a geologist with 35 years of international exploration and mining geology, engineering geology and hydrogeology experience covering a broad range of geological terrains and minerals. Metallic minerals include gold, platinum, copper, nickel, lead and zinc, while non-metallic minerals include diamonds, emeralds, asbestos and coal. He holds undergraduate and post-graduate degrees in geology. Paul has a proven record of success in discovering and defining ore reserves and resources. Geological modeling of regional structures in West Africa has led to the discovery of sub-parallel shear zones in lithologies previously regarded as barren, resulting in the significant expansion of new exploration target areas. Paul is familiar with new as well as conventional exploration techniques, with skills in the selection and application of the appropriate technologies and equipment to design and implement cost-effective exploration and exploitation programs.
http://www.katexploration.com/PressReleases/Business_Summary_Kat_Gold_Holding_Corp.pdf
Yep, that's them. Thanks
It's all in the I-Box Mr. Gump.
There have been a few mention Vale/South Lucky....
We have not heard anything about an option cancellation from either Kat Exploration or Vale.
The option was for 3 years...which brings it to June 2013.
http://ih.advfn.com/p.php?pid=nmona&article=43197437&symbol=KATX
KAT Exploration Signs Three-Year Option Agreement Contract With Vale
Date : 06/11/2010 @ 10:00AM
Source : MarketWire
Stock : Kat Exploration Inc. (PC) (KATX)
Geeez.... if the option is talked about it is ridiculed...
If the option is not talked about it is ridiculed...
Go figure...
Thanks for the great info AbrahamS! Looking forward to getting some news from KAT :o)
BVIG NOTICE OF EFFECTIVENESS
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTICE OF EFFECTIVENESS
Effective Date: December 06, 2012
Form: S-1
CIK: 0001412126
Company Name: Kat Gold Holdings Corp.
File Number: 333-180734
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8954813
Nice Find! Thanks. Always good to see more sales news.
They will probably be paying that with the gold they have been recovering... dry season began in October.
wouldn't take many ounces to pay that off.
Looking for lots of news this week. :o)
Agree AbrahamS....
And....
The most current exploration work on the site was carried out by Central African Gold Limited in 2007 when
some 3,441m of RC drilling was completed. Main targets were the ore zones below the 4th level to avoid the
old workings concentrated above the 4th level where substantial highly mineralized wallrocks and pillar
supports were left by earlier mining which followed and extracted ore shoots grading about 10g/t (Figure 5 &
Appendix 2).
Quartz veins, sheared graphitic phyllites and quartz stockworks make up the geology of the ore zones. Quartz
porphyry was also associated with mineralisation in several instances. Sulphides such as pyrite, arsenopyrite,
pyrrhotite and chalcopyrite occur with the gold and the schistose host rocks exhibit carbonate alteration.
Ore body intersections of between 2m-8m widths were encountered and grades were up to 24g/t.
Cumulative intersected widths total 67m with grades such as 8m@24g/t, 8m@10.4g/t, 6m@3.9g/ t and
12m@ 1.69g/t were encountered. More importantly, the average ore width was given as 4.79m at an
average grade of 3.86g/t (Tables 1 & 2).
CAGL estimated about 300,000 ozs oxide gold resources for the Ekom Eya concession. Eight of the holes,
each about 180m long, were drilled into the Ekom Eya property.
The drill hole plan view with intersections clearly shows the gold mineralised trend is in a north-south
direction along almost the entire 600 metre length of the permit (Figure 7).
Inputting of all available data on the concession gave indicated gold resources of about 1,380,887 tons @
6.0g/t (266,380 ozs) within the confines of the concession (Figure 7). However strike extensions remain
open at both ends and at depth.
From Ekom Eya Report:
http://www.katexploration.com/Graphics/properties/Ekom%20Eya%20Gold%20Property/Ekom_%20Eya_Report_Western_Region_Bibiana_Ghana.pdf
6.0 CONCLUSIONS
It suffices to say that a cursory look at the 2007 drilling summary is very impressive with high grades,
appreciable widths and a mineralized strike length of 600m.
Assessment of the tailings and waste dump of previous operations estimate 60,000 tons @1.5g/t (2,894 ozs)
and 30,000 tons @ 4.5g/t (4,340 ozs) respectively. These figures at the current gold price translate into ore
which could be added to the in situ ore assessed to be 1,380,887 @ 6.0g/t (266,380 ozs). Totalled together,
the resource estimates on the permit is approximately 273,600 ozs.
The in situ resources can easily be accessed by open pit to the 4th level and thereafter, underground
development and mining could be undertaken to access the deeper unexplored ore body. Favourable
topography and the virtual absence of overburden over much of the permit is an advantage. The national
electricity grid has been extended to the site quite recently and the proximity of the site to Bibiani township
(about 7km), a district capital with good infrastructure and social amenities, are all additional advantages to
a future mine site at Bibiani North.
Welcome back mappo!.... Looking forward to lots of news to be released now that S-1 approved!
Now that the SEC has released "NOTICE OF EFFECTIVENESS" for S-1...
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8954813
....I expect we will be getting news from KAT Gold Holdings/ BVIG this coming week....can't wait! :o)
So Gump......
Now we are supposed to believe all of your new scenarios regarding KAT, when you were totally wrong about the Record date and about it even getting approved?
How about we just wait for news from the company and others involved with the distribution.
BVIG NOTICE OF EFFECTIVENESS
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTICE OF EFFECTIVENESS
Effective Date: December 06, 2012
Form: S-1
CIK: 0001412126
Company Name: Kat Gold Holdings Corp.
File Number: 333-180734
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8954813
and they said it wouldn't happen.
Being in Effect...as of 12/06/2012
operative :o)
KAT KAT KAT KAT..... KEN is the man! Getting the S-1 approval
KAT Gold, KAT Exploration, KAT-x, KAT-g (someday)
They will just have to deal with it! LOL
Thanks usafa!!! Great News!!! KAT did it!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8954813
http://www.otcmarkets.com/stock/BVIG/filings
THANKS usafa...Great News!! KAT did it!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8954813
http://www.otcmarkets.com/stock/BVIG/filings
1center....
only on the status of their auditing of financials.
(I don't have PM)
Thanks!
Kennypooh.....
"In May 1901 the Congress Mine was visited by then President William McKinley on a tour of the country. The tour was orchestrated by Arizona Territorial Governor Nathan Oakes Murphy and brother Frank M. Murphy, who had re-acquired an interest in the Congress Mine."
:o)
I remember seeing a small bag of gold or two Bonz had collected back in 2011. Not sure what happened to those pics...
You can see the old wash plant videos.....
Over on Bonanza Goldfield Facebook page...back in June 2011. It looks different to me.
http://s1116.beta.photobucket.com/user/BGFCorp/library/?start=all
http://www.facebook.com/pages/Bonanza-Goldfields-Corporation/125539430862535?ref=ts&fref=ts
I agree Abraham..gold was only $30 an ounce! Quite different times now... at $1700 plus.... and rising...
eiddle....
I reported what I found, don't know whats coming.
B402....
Ken didn't file the SEC FORM 497, the Investment Companies do for their own Funds.
Just like some Investment Companies did for JPM (JPMorgan) and ALL (Allstate) and many others...because they were 'holdings' in their Funds.
See samples below:
http://ih.advfn.com/news_Definitive-Materials-Filed-by-Investment-Companies_55164516.html
http://ih.advfn.com/news_Definitive-Materials-Filed-by-Investment-Companies_55043520.html
WHY Kat Gold Holdings?...... is my question... They must be in these Investment Companies Funds.
HANSBERGER INTERNATIONAL FUND
AMERICAN FUNDS
http://ih.advfn.com/p.php?pid=nmona&article=55264522
http://ih.advfn.com/p.php?pid=nmona&article=55264525
What other answer could it be?
Or could they be getting their BVIG disto shares? soon? S-1 approval?
I am looking for answers... :o)
Interesting Information here.....
I was checking out the Hansberger International Fund listed on one of the 497 filings for that Fund. http://ih.advfn.com/p.php?pid=nmona&article=55264522
It has the Portfolio Managers listed there...they are the same as in the 497 filing (referencing BVIG) . Reeves, Holt, Tibbles..etc..
http://ngam.natixis.com/us/investor/1250190504420/funds/Hansberger+International+Fund+%3Fpackedargs=shareClass%253DA
Then there is a link to the full holdings of the Fund. Which includes TECK Resources and BHP Billition and Chinese Stocks.... http://ngam.natixis.com/docs/567/104/IABC_Hansberger%20International%20Fund,1.pdf
Don't see BVIG or KATX there but sure see some big mining companies!
Could KAT be connected to one of them??
The Fund holdings list says investment as of Sept 30, 2012... wonder if it has changed to include KAT now?
Very interesting indeed.
From the Fund Summary Prospectus...same info as in the 497 for Kat Gold Holdings Corp.
http://ngam.natixis.com/docs/867/328/XS51-0512%20Natixis%20Equity%20Pro%20w.supplements.pdf
Interesting Information here.....
I was checking out the Hansberger International Fund listed on one of the 497 filings for that Fund. http://ih.advfn.com/p.php?pid=nmona&article=55264522
It has the Portfolio Managers listed there...they are the same as in the 497 filing (referencing BVIG) . Reeves, Holt, Tibbles..etc..
http://ngam.natixis.com/us/investor/1250190504420/funds/Hansberger+International+Fund+%3Fpackedargs=shareClass%253DA
Then there is a link to the full holdings of the Fund. Which includes TECK Resources and BHP Billition and Chinese Stocks.... http://ngam.natixis.com/docs/567/104/IABC_Hansberger%20International%20Fund,1.pdf
Don't see BVIG or KATX there but sure see some big mining companies!
Could KAT be connected to one of them??
The Fund holdings list says investment as of Sept 30, 2012... wonder if it has changed to include KAT now?
Very interesting indeed.
Thanks Dubb10...that's great. Could be approved any day now. :o)
revelations......
Kat Gold Holdings must be in some of these companies funds??
Does it have to do with the new regulations that went into effect today some were talking about??
The Americanfunds (by what they say) makes it look like lots of BVIG shares will be trading soon??
Not sure.
Anyone know?
SEC forms definitions....for links from previous post
Form 497 http://www.investopedia.com/terms/s/sec-form-497.asp#ixzz2DktMk7mS
Form NSAR-B http://www.investopedia.com/terms/s/sec-form-nsar-b.asp#axzz2DksKqAKv
There are others posted under news here today 11/30/2012:
http://ih.advfn.com/p.php?pid=news&symbol=BVIG
http://ih.advfn.com/p.php?pid=nmona&article=55264522
http://ih.advfn.com/p.php?pid=nmona&article=55264526
http://ih.advfn.com/p.php?pid=nmona&article=55264525
Kat Gold Holdings must be in some of these companies funds??
Definitive Materials Filed by Investment Companies. (497)
http://ih.advfn.com/p.php?pid=nmona&article=55264525
Definitive Materials Filed by Investment Companies. (497)
Date : 11/30/2012 @ 2:32PM
Source : Edgar (US Regulatory)
Stock : Kat Gold Holdings Corp. (QB) (BVIG)
Quote : 0.07 0.0 (0.00%) @ 4:14PM
Definitive Materials Filed by Investment Companies. (497)
Prospectus Supplement
December 1, 2012
For the following funds with effective prospectuses dated January 1, 2012 – December 1, 2012
AMCAP Fund ®
American Balanced Fund ®
American Funds Global Balanced Fund SM
American Funds Money Market Fund ®
American Funds Mortgage Fund ®
American Funds Portfolio Series SM
American Funds Short-Term Tax-Exempt Bond Fund ®
American Funds Tax-Exempt Fund of New York ®
American High-Income Municipal Bond Fund ®
American High-Income Trust ®
American Mutual Fund ®
The Bond Fund of America ®
Capital Income Builder ®
Capital World Bond Fund ®
Capital World Growth and Income Fund, ® Inc.
EuroPacific Growth Fund ®
Fundamental Investors SM
The Growth Fund of America, ® Inc.
The Income Fund of America ®
Intermediate Bond Fund of America ®
International Growth and Income Fund SM
The Investment Company of America ®
Limited Term Tax-Exempt Bond Fund of America ®
The New Economy Fund ®
New Perspective Fund ®
New World Fund, ® Inc.
Short-Term Bond Fund of America ®
SMALLCAP World Fund, ® Inc.
The Tax-Exempt Bond Fund of America ®
The Tax-Exempt Fund of California ®
The Tax-Exempt Fund of Maryland ®
The Tax-Exempt Fund of Virginia ®
U.S. Government Securities Fund ®
Washington Mutual Investors Fund SM
The following is added to the "How to sell shares" section of the prospectus under the heading "Frequent trading of fund shares."
The fund’s purchase blocking policy is temporarily suspended. Please see americanfunds.com for more information on the suspension. Although the policy is suspended, the fund and American Funds Distributors will continue to restrict frequent trading of fund shares or other potentially abusive trading as described in this prospectus.
Keep this supplement with your prospectus.
MFGEBS-053-1212P Printed in USA CGD/AFD/10039-S35472
Kat Gold Holdings Corp. (QB) (USOTC:BVIG)
Historical Stock Chart
1 Year : From Nov 2011 to Nov 2012
Click Here for more Kat Gold Holdings Corp. (QB) Charts.
Kat Gold Holdings Corp. (QB) (USOTC:BVIG)
Intraday Stock Chart
Today : Friday 30 November 2012
Click Here for more Kat Gold Holdings Corp. (QB) Charts.
Thank You 1center!! Good job.
Interesting Soil Sampling map @ Ekom Eya area from the S-1.
"Mobile Metal Ion special sampling was carried out over the Ahyireso soil anomaly just to the north of the Pamunu River during 1999. A total of about 100 samples were sent to Canada for this analytical technique."
Mobile Metal Ions (MMI)
http://www.sgs.com/en/Mining/Analytical-Services/Geochemistry/Mobile-Metal-Ions-MMI.aspx
Kinda looks like the same technique used on Handcamp. (see I-box)
These show the NOBLE Prospecting Licenses where Ekom Eya sits:
Gump...Looks like the shareholders of record do get them.....
The chain of events that begins on the payment date works like this: The dividend is first paid to the shareholder of record, then, on the due bill settlement date, which is commonly two trading days after the ex-date, the dividend is withdrawn from the account of the shareholder of record who sold the shares during the due bill period and is then paid to the shareholder who bought the shares during the due bill period.
Thanks usafa! Straight from the SEC.
Here is the paragraph you mention.
Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid.
Gump.... They say here it is very confusing!...
http://groupssa.com/understandingdividenddates.html
Finally, to add to the confusion of record and ex-dividend dates, there are some rare cases involving unusually large cash dividends, rights offerings, stock spin-offs, etc., where the above rules are not followed. In such cases, the stock trades with due bills after the record date. While not a common occurrence, a stock trading with due bills is something to be aware of, and that is explained in the following section.
Dividends of 25% or More of a
Company's Stock Price
Cash dividends of 25% or more of a company's stock price represent a fraction of one percent of all dividends paid and are handled quite differently from normal dividends. There are some similarities, however. Like normal dividends, unusually large dividends have a declaration date, a record date, an ex-dividend date and a payment date. Also, like normal dividends, the ex-dividend date for a dividend of 25% or more of a company's stock price is set by the exchange, not the company. Here's the big (and confusing) difference: While the ex-dividend date is indeed set by the exchange, it occurs not before the record date, but after. In fact, the ex-dividend date is not even before the payment date! By rule, the ex-dividend date is one business day after the payment date. (In such cases the term deferred ex-date applies.)
Here's the exact quote from the New York Stock Exchange Listed Company Manual: "When the distribution is 25% or more, the Exchange will defer trading the security "ex" until one day after the mail date for the distribution."
And Nasdaq Rule 11140(b)(2) states: "In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date."
Although the wording is slightly different, the meaning is the same.
This can be very confusing, having the ex-dividend date after the payment date. To further confuse things, in such circumstances, any shareholders of record who sell their shares before a deferred ex-dividend date also sell the right to receive the dividend. This is not optional to the seller, it is mandatory. The right to receive the dividend is contained in an attachment to the sold shares and that attachment is called a due bill.
The payment of a dividend via due bills is quite unlike a normal dividend payment. Shares that are purchased after the record date but before the deferred ex-date (the due bill period) are traded with a due bill attached. The chain of events that begins on the payment date works like this: The dividend is first paid to the shareholder of record, then, on the due bill settlement date, which is commonly two trading days after the ex-date, the dividend is withdrawn from the account of the shareholder of record who sold the shares during the due bill period and is then paid to the shareholder who bought the shares during the due bill period.
The dividend is paid to all shareholders of record first because that is the only information the company has on who is eligible for the dividend. The due bills are then executed by the stock brokerages of the buyers and sellers during the due bill period. The company does not participate in the due bill process.
A very unusual circumstance, to be sure. But there are good reasons for such a procedure.
On big percentage distributions one of the reasons the ex-date is after the payment date is to prevent the chaos that would be triggered if the the ex-date was before the payment date as is normally the case. For example, if the ex-date was before the payment date for a stock that was selling for $21 and they paid out a distribution of $7, such a dramatic drop in price could potentially, and unfairly, trigger margin calls in margin accounts holding the stock. To the stock brokerage it would appear that the total value of the stock had dropped precipitously when in reality the dividend that had not yet been paid would make up the difference. By making the dividend payment before the stock price is adjusted down on the ex-dividend date, no margin call would be issued because the value of the account would not be unfairly compromised.
Another reason for the use of due bills with stock dividends, spinoffs and extra large cash dividends is that it allows shareholders to receive the full value of their holdings if they choose to sell during the due bill period. Otherwise they would have to wait the days or weeks between a normal ex-dividend date and the payment date.
Note: Although this page is an explanation of how cash dividend dates work, deferred ex-dates are also used, under certain circumstances, with stock dividends, spinoffs and warrant issues. With those types of distributions the 25% threshold is not a factor, as often times the value of a spinoff or warrant is not known at the time of declaration. However, any time a deferred ex-date is applicable, no matter if the distribution is in cash or securities, the deferred ex-date rules explained here, including the due bill process, apply.
To summarize, in cases of a deferred ex-date, stock traded between the record date and the ex-date trades with a due bill attached that specifies that the right to receive the dividend is sold with the stock. With electronic trading and electronic book entry accounting, due bills are rarely seen by stock investors today but they are noted on the trade confirmation slips.
The Purpose of the Record Date
With all dividends, the record date establishes that only the shares outstanding as of that date are eligible for the dividend. With normal dividends that is a moot point because the ex-dividend date, being two business days before the record date, has already established which shares (and which shareholders) qualify for the dividend. But in the case of a dividend of 25% or more of the company's stock price, the ex-dividend date is after the record date, usually many days or weeks after, so the company may, if it chooses to do so, issue additional stock after the record date but before the ex-dividend date without affecting the gross amount of the declared dividend. While occasions of a secondary offering during such a period are rare, there are many more instances of shares being issued through dividend reinvestment plans and through exercise of stock options and convertible securities.
In cases of a deferred ex-date, the only function of the record date is to determine on which shares the dividend is paid. Because of that -- and this is a critical point -- it is the ex-dividend date that determines who qualifies for the dividend, not the record date.
While initially confusing, there are valid, rational reasons why on big percentage distributions the ex-dividend date is after the record date and after the payment date. It doesn't happen often, but big percentage distributions don't happen often. That's why most investors aren't familiar with how they work.
Note: As of February 21, 2012, Canada has adopted the same due bill process.