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Balihi, What point is it that "I" am missing?
The drilling for phase 1 was started in the 3rd quarter -
The HC 1st phase started and ended ended in the 3rd quarter -
The core samples were sent to the assayer's office in 3rd quarter-
The PR came out in August which is the 3rd quarter -
The 10 Q was for the third quarter which ended September 30 -
September is also the last month of the 3rd quarter -
The August (3rd quarter) PR did not state nor did any announcement by KATG/BVIG or KATX EVER state that all assay results were back thus the information as listed in the 10Q
for the 3rd quarter is correct.
The 3rd quarter 10 Q needed to be filed within 45 days after the end of the 3rd quarter which would be November 15th but was late, thus the NT-10Q which was filed then brings up the actual
10Q which was received on the 22nd of November.
This makes sense to me whichever way I and hopefully others look at it and read it and comprehend what we read.
Sorry but English is my first language.
For future reference with companies with fiscal year
end of December 31st
JAN - FEB - MAR = 1st quarter
APR - MAY - JUN = 2nd quarter
JUL - AUG - SEP = 3rd quarter
OCT - NOV - DEC = 4th quarter
YOU SAID
"You miss the point,the drilling for phase one was completed,the results of the assay was reported in August PR,so a company does not file a 10Q over 2 months later and state the "company has commenced drilling",and sent cores samples to the lab,that does not make any sense no matter which way you look at it."
Gumpers - They clearly did not lead anyone to believe anything -
All they showed was 'PROPOSED" hole locations,
nothing more - nothing less.
If you look carefully at the holes posted in this message here -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57008927
Especially look at the third pretty picture carefully, you will see depths of the "pinkish colored" anomaly at max depth of about 800 meters, give or take.
That and if according to their PR info of 1058 meters my take is that went to around 900 meters ( + - 50 meters) and only down 158 meters (+ - 50 meters) on the second hole which agrees with the terminology they used as 1 deep hole and 1 near surface.
FROM THE PR which can be read here -
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Rusty-Ridge-Drilling-Now-Complete-1357743.htm
MOUNT PEARL, NL--(Marketwire - November 22, 2010) - KAT Exploration, Inc. (PINKSHEETS: KATX) www.katexploration.com
KAT Exploration, Inc. (PINKSHEETS: KATX) is pleased to report that the drilling program on the Rusty Ridge property is now complete. Two targets were tested, one deep and one near surface for a total of 1058m. Samples have been sent to the lab for analysis. Once the analytical results are received and the data reviewed by our team, a news release documenting the results will be issued.
RE: "My guess is that they got skunked and decided to quit early. No one who I know would quit a program early if they were getting good results. It's simply NOT done in the exploration business. Maybe this is how it's done in Newfoundland though. I find it very very abnormal."
ANSWER - 1)You are indeed guessing - 2) Who said they quit early?
3) Don't know yet what the results are 4)It is done all of the time in the "EXPLORATION" business (keyword "explore") 5)It is how it is done everywhere in the world. 6)Of course you find it abnormal - lol I and we here wouldn't really expect anything else from you would we? I mean truly, you bring such a different element to this board and I enjoy it as it brings tears to my eyes from mostly laughing so hard.
Okay here you go -
Follow the bouncing ball if you would and lets go from there -
1) KATX has November 30 as their fiscal year end
http://www.otcmarkets.com/stock/KATX/company-info
2) BVIG/KATG has December 31st as their fiscal year end
http://www.otcmarkets.com/stock/BVIG/company-info
RE: "The Company has commenced exploratory drilling operations on the Handcamp property and sent core samples obtained for analysis"
ANSWER IS -
3) The actual drilling on Handcamp did not start until July 6th of 2010 per the PR here -
http://finance.yahoo.com/news/KAT-Exploration-and-Bella-iw-1700034165.html?x=0&.v=1
which would put that start date in the 3rd quarter of both KATX and/or BVIG/KATG, that being said, the first and only phase of the Handcamp drilling was done in the 3rd quarter which matches up with the 10Q from BVIG/KATG exactly.
RE" The Company is currently awaiting the results of these core samples."
ANSWER IS - As of what I previously posted here -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57020047
RE:"Commenced????They were finished with phase 1.I know the argument can be made that this is reffering to the first phase,but that doesnt make any sense,either."
ANSWER - Yes, it makes perfect sense and it relates ONLY to PHASE ONE and nothing more'
Hope this helps.
Balihi and all - Humor me if you would.
Where did you or anyone see anything from the company in a PR or blog format that all of the assays were completed and returned to the company?
I look at it this way -
In the August 25th PR they provide us only a PORTION of each of the 12 holes has been confirmed and it does not show every level of every drill hole, nor do I see mention of 100% of all holes being completely assayed and returned to the company anywhere thus far.
That being said, the wording in the 10Q is not ambiguous nor incomplete as far as I can see, so that statement on the 10Q is therefore not in error or misreported.
I only go by as to what is shown to us in writing and I DO NOT to assume that 100% of each hole had been analyzed by September 30th or that certificate of assays have been completed or have been accurately summarized from the official assay certificates provided to the Company by the firm doing the analysis.
If that were the case, IMO, the company I would think would state that all results and assays have been completed and prepared and signed off on by Mr Pickett and there would a full report of what they encountered in each part of every hole from zero meters down to the final depth of each hole.
From the last sentence of the last paragraph of that Aug 25th PR
"Mr. Pickett has verified that the results presented above have been accurately summarized from the official assay certificates provided to the Company"
This is as it applies ONLY to what we are being shown in the PR, key words being "results presented above".
Is there more mineralization information? Absolutely.
What the rest of the findings are, we officially do not know as of yet...
ahem - dagg -
I don't think your picture of Bambi there is going to be walking anytime soon - at least by itself anyway.
Looks like it is set up to be a marionette though which is interesting.
Santa got caught up around your chimney again?
I agree with you that HC will be fine as will KATX in a couple of years if they hit some good stuff that is worthwhile and mine-able on HC round 2 and 3 as well as RR round 1.
Time will tell - it is far too early yet for a kaboom.
Even with a JV.
While that may indeed be a possibility, I was referring to the original comment about 100 posts ago regarding the expending of $22,500.00 on the KATG 10 Q and that the commenter was stating it was for an option or jv.
If that is indeed the case and KATX/G is allowing that to happen, I want to be paid 22,500.00 by KATX/G for each time I want to go on their property to test drill.
I figure 10 trips a month ought to keep me somewhat comfortable in life -
You said you were out in the woods, you are NOT shooting Bambi are you?
Dagg and all, Let me put it this way then -
Why would KATG/BVIG PAY MONEY $22,500.00 to someone else to have the privilege of drilling on something they do not own?
Dagg, Yes we do know that they have not done anything more as any additional drilling or expenses to do additional work on Handcamp would be a material event that as a fully reporting to the SEC and public company, they are required to do so, as in report the same.
If more work was indeed done at Handcamp, then the credibility levels go down the proverbial crapper as unfortunately for some here has the pps also gone to...
I am of the impression that the $22,500.00 in expense showing is coming solely from the recalculation of the additional 77 claims they "inherited" from KATX's original claims but mysteriously appeared on KATG's balance sheet.
Hey relikwie - throw me a bone here if you would.
What does the IIRC (correctly IIROC) have anything to do with Kat Gold Holdings (BVIG) a US company and not a canadian company?
IIROC _ http://www.iiroc.ca/English/Pages/home.aspx
The SEC part I understand but just wondering what you might be referring to... TIA
Congratulations Bio!!
By any chance is the boy's name gonna be Kenneth Timothy Biochemist
and nicknamed "Rusty" ?
Just curious
Been gone for a bit - Good to see The Pope went up to the Rock Show.
He said was going to do that and I for one am appreciative for his efforts. I am looking forward myself to go to PDAC and am looking forward to hanging with him and a few people here.
Is it me or did Altius Resources just claim the rest of Newfoundland this month?
http://gis.gov.nl.ca/mrinquiry/NewClaims_M.asp?Month=2010-11
BigOwl,
Wow, I guess I did not realize that "going to da moon" was copyrighted - "that's hot" - I guess I am going to need to pay out on that one too - oops...
I am moving this to the correct board so as to avoid getting deleted for not being on topic of the wrong board. As has happened to me before RickUK.. go figure - dont have pm
Assumptions are the mother of all screw ups.
And I abide by only what is written or said on something that is videotaped and then only rely on what I find. Glass half full.
With respect to page 8, that is what caused my questions yesterday, so by pointing to it again, it does nothing at all to my original question as to how this material event happened with those claims without an announcement. Shame you are not linked to a certain board that begins with an S.... and sounds like pipe.
Another interesting question for you or whomever to answer.
Why does it still show on the BVIG OTC site http://www.otcmarkets.com/stock/BVIG/company-info
that the share balance is not 500,000,000 as indicated by the secretary of state and why Ronald Davis is still listed as a director and why they are still linking to the hair salon website as well as numerous other things that are not updated when so many things are?
So then I must assume you heard something back from Jack per your email that you were sending out yesterday?
And the disclaimer on the bottom of his and ken's email prevents you from sharing such information.
That being said I have been looking for any kind of link or reference information regarding that very topic on purchase agreements used and have not found anything at all that references what you (or your "source") might be speaking about...
I respect your loyalty to your source, however, I must set this to the side as inconsequential information without any point of reference.
Now if you had included the phrase "going to da moon" I would have believed it without question - lol
BigOwl and RickUK (post 4134),
In RickUK's response to you he is absolutely correct as he would be in big trouble for doing such an act.
I have no reason to question Ken's moral compass as I do not see any indicators thus far as to any misstatements etc.
C'mon Jack - reply to the email from BigOwl
And RickUK, I am fully aware of the reasoning for the separate entities as i have been through this before a few times. I have become fairly astute in matters like these over the years, so I really do not need the constant reminding of KATX and KATG and eventually perhaps KATC as well.
I also am happy about the 1 for 4 distribution as well for the prior 149 claims and I am seeking rationale as to how and when the additional claims were transferred to KATG/BVIG.
When Ken sold Handcamp 149 claims,a material event in the scope of things, they filed with the SEC as a reporting company should do so.
My question is/was/whatever is why there was no reporting as to the transfer of the additional 77 claims, another material event?
We were/will be remunerated for the first 149 claims in the original sale, but no indication of anything for the additional 77 claims.
Perhaps it is disclosed on the full purchase agreement we have not see as of yet, who knows?
And I also agree with you that when the new proposed shell for KATC or whatever it will be called that they will include RR and other properties as well and hopefully that move will indeed get us off the pink's as well. I also look forward to KATC becoming part of KATG in a reverse merger also.
Lastly
"I know this in no way matches "the flowchart" we had previously been shown, and this is just wild speculation."
Not wild speculation at all as that is what the flowchart clearly shows that Handcamp sold to KATGBVIG
http://www.katexploration.com/Graphics/KATX-KATG%20Structure.pdf
Balihi, BigOwl and RickUK,
First Balihi -
"Could the reason be that because KATX sold Handcamp to KATG,it may have included the new claims since they are also on the Handcamp property."
I sincerely doubt that you could sell something that you did not have an vested interest in in the first place. aka 77 claims at the time of the Handcamp sale to BVIG sale in May.
BigOwl - If you go to
http://gis.geosurv.gov.nl.ca/resourceatlas/viewer.htm
and click on a certain posters infamous binoculars it opens a box wherein you can type KAT, Stead, BVIG, Bella, Kat Gold etc and see the results for each come in below.
Clearly there is zero for Kat Gold or Bella or BVIG, thus it is in the name of KAT Exploration as linked right here
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=017917M
I look forward to Jack's response to this as it is important and to me lends an air of credibility
Rick - I am sorry if you feel I am making a big deal out of this, but when and how was the sale/transfer done? If this is business as usual, then why hasn't Twilite (gold property) or Cabot (gold property) been also transferred?
BTW I do not think it costs that much money to establish KAT Gold as an entity to start making claims and I will explore this.
I say this as there are claims under Tim's and Melvin Stead/s names still existing so why not do the same with.
Perhaps the email from Jack will shed some light on this.
I hope so...
I completely understand the new 8-k showing the 77 claims now in the possession of BVIG. I have read the 8-K several times.
Including them looking at another gold property in the US as indicated in the new 8-K.
(I have this new property in either Arizona or Texas right now but still researching this)
How and when did the transfer of an asset (77 claims) recorded by KATX and not BVIG/KATG as claimed on 7-26-2010 not be reported to the SEC or to KATX or BVIG/KATG investors?
The original claims, all made by KATX were sold to BVIG!
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=017917M
Is this not a requirement of a fully reporting = transparent company to do so?
I know that last sentence sounds negative, but it is a concern and should be to all.
RickUK, BigOwl and some others,
While I have a lot of respect for what you and others usually post, I am going to have to fully disagree with you on this one.
Quote from the June 4 SEC filing regarding the May 28th purchase
"WHEREAS the Grantor is the recorded and beneficial owner of the Handcamp Gold property which comprises 149 mineral claims in 3 separate licenses being license number 011745M (11 Claims), license number 017308M (86 Claims) and license number 017485M (52 Claims) located in NTS map 12H/08 for Rocky Pond, in the Province of Newfoundland and Labrador, Canada (hereinafter called the “Property”);
my proof source is:
http://www.sec.gov/Archives/edgar/data/1412126/000093041310003352/c61820_ex2-1.htm
That being said and quoted, there is nothing in the purchase agreement about the new 77 claims or any future claims for that matter if you read the P/A fully.
My conclusion is that this is a "new" gold property (has to be a gold property if it is in possession of BVIG/KATG and according to KAT company structure chart) that needs to be treated with the same similarity that the transfer of the 3 existing claims totaling 149 mineral claims which was sold to BVIG on a 1 for 4 basis to shareholders and since the claim/stake date was Monday July 26 2010 for the new 77 claims I found (60 days after the purchase and transfer) that KATX shareholders need to be compensated for such claims and subsequent sale to BVIG. Since original claims were 149 and these are 77 about half or a 1 for 2 share distribution should apply.
There have to be 2 separate sales here. 1 we were compensated on (patiently waiting) and the other we have not been.
This is like going in and buying a awesome car with stock tires and going back in 2 months later for upgraded titanium wheels with spinners because there was a display of them next to the car in the first place and assuming the dealer would give you those for free. Hmmmmmmmm
Thoughts?
OK I am back up to 21 questions again -
How did the newest 77 claims get put into Handcamp when Handcamp was sold prior to the claims -
This just keeps getting and staying strange...
BVIG filing 8=K out
http://secfilings.com/searchresultswide.aspx?link=1&filingid=7519490
How exactly did the new 77 claims get to Handcamp since they were made after the Handcamp sale???
Well I'll be kajiggered - it does exist tyvm
1 done 20 to go
Dang I forgot about that - thanks pro
we very good we very good we very good
2 attorneys have no attributable websites
we very good we very good we very good
float jumps by 30 plus million shares
with no announcement by katx or blog
we very good we very good we very good
float decreases again with no formal announcement
we very good we very good we very good
Public Float: 306,427,860 as of 2-28-2010
Public Float: 332,431,815 as of 5-31-2010
Public Float: 291,048,329 as of 8-31-2010
Ken sent out email to someone about reducing shares
by 3 or 8 million in February as a kind gesture to
shareholders but nothing on either of
next 2 occasions and now float is even less than that
we very good we very good we very good
website gets hacked - we very good we very good
website looks like kept up by eighth grader
we very good we very good we very good
drilling to be commenced on RR October 13th
and website still says we are drilling handcamp
we very good we very good
nothing on blog about how its going etc at RR
we very good we very good we very good
flow chart for company structure disappears from website
with no mention of it on blog by company
we very good we very good
I am a bit tired of we very good and personally I think
it is about time Zwicker or the eighth grader
updates the blog to let us know what is happening if
anything at all.
These types of things are what caused me to start selling
7-19-10 to zero shares only to start rebuy past 2 weeks
at 1/5 of what I sold. I miss Investor 911!
OT - aka not IOCG or HC related
Something that puzzles me -
Here is question that for everyone that is not about any of the properties that KATX holds.
The attorney's firm is Gusrae, Kaplan and whatshisface from NY NY.
Robert Laskowski is and has been continually signing off on all of the financials for quite some time despite so many error issues in the past and supposedly there was an email from KS that he was being removed from his duties. Think it was Feb or Mar that that came about.
Here comes the question - Who in the world is W Les Thistle whom is the KATX corporate attorney, and what exactly does he do?
He is on the board of directors of KATX and BVIG, he has been an attorney since 1996 and yet he cannot be found anywhere on the internet?
If you go to google yahoo bing whatever and search www thistlelaw ca, it doesn't exist and seemingly has been under construction since Moses parted the Red Sea to escape Pharoah. You search by his name and no website is connected to it either. Interestingly enough, no website for Laskowski either. Interesting coincidence?
Has ANYONE out there wondered what this person does besides me and why he is not located anywhere on the internet?
Really, an attorney with no internet site to pull clients in from no matter how many people Mount Pearl has does not make sense.
How is it possible that KATX is his one and only client when they use 2 other legal firms? (Gusrae and Laskowski)
Many know me and I am certainly not a basher,(read my posts - not many) but this one still has me scratching my head!
(well, okay this and about 14 other things)
okay you caught me in a lie there are 22 things I am curious about...
Kevin - Kevin - Kevin
Why do you say that the share distribution won't happen?
Where is your proof source?
My proof source is in the statement from Ken found at:
http://katexploration.com/index.php?option=com_blog&view=comments&pid=16&Itemid=0
Which reads as follows
"Regarding the BVIG ¼ share distribution.
It has been brought to our attention that some unfounded rumor has been circulating with regards to the BVIG share distribution. The rumor that the distribution is on hold for an indefinite period of time is unfounded and therefore not true. About one month ago KATX had received 65m shares from BVIG which was a portion of the 161m shares for the Handcamp. At that time the authorized was just 70m shares for BVIG and therefore had to wait until we received approval for the increased authorized to take effect in order for BVIG to issue the remaining 96m to KATX. The authorized has now been approved and Monday 13th Sept our attorneys submitted supporting documents to the TA for the issuance of the remaining 96m to KATX. Upon receiving those remaining shares, KATX will then proceed with returning both shares certificates of 65m and the 96m back to the TA for Book Entry and the 1-4 distribution will take place. We appreciate the patience of all recipients of the 1-4 stock.
Ken Stead
President / CEO
Kat Exploration Inc."
Or should i assume that you are just making things up as you go?
Just wondering
lucky,mydog Member Profile lucky,mydog Member Level Share Friday, October 22, 2010 4:42:16 PM
Re: homevendor post# 103315 Post # of 103341
lol. like the divy, or the share distribution as some like to call it, that won't happen either. it does make for great false hype though.
If you are referring to actual investors of KATX (please note that WE doesn't include YOU) as of distribution date, the answer is fairly soon to receive the shares for KATG/BVIG.
I did find it kind of funny as you saying "we" as I don't recall you ever owning this stock since you spend so much time waiting for it to hit .039 and attempting to cause FUD 99% of the time.
Just an observation - - -
Ecrock -
From KATX PS site -
http://www.otcmarkets.com/stock/KATX/company-info
"# Outstanding Shares 641,603,644 as of Sept 8, 2010
# Authorized Shares 700,000,000 as of Sept 8, 2010
# Float (shares) 332,431,815 as of Sept 8, 2010
This has not changed since the sale of Handcamp has it?
161 million total shares was paid to KATX by BVIG.
The float at that time is the same as it is now which
is 332,431,815.
If what you are trying to spew about KATX NOT getting shares
is correct that equals a 1 for 2 share distribution which is
half of the 1 for 4 that the company PR'd.
Shares paid for Handcamp 161,000,000
WITH NO SHARES TO RESTRICTED COMPANY AKA FLOAT 332,431,815
161,000,000/332,431,815 is 1 for 2
The Outstanding is/was at 641,603,644.
On a PR'd 1 for 4 basis equals 160,400,911
rounded to equal 161,000,000 shares.
Since the 641,603,644 INCLUDES KATX RESTRICTED SHARES
that KATX OWNS AND HOLDS the answer is simply you are wrong.
Math is 332431815/641603644 = 51.8126%
owned by regular shareholders
and 48.1874% held by restricted shareholders
aka KATX including the group or individual that holds the
50 million shares from the financing,
does it not?
John - 360 takes you right back to where you started from
(draw a circle on a piece of paper and see where you end up)
180 heads the other direction so 160 is just fine with me
and that is what will happen fairly soon IMO by the
end of August.
Yes, we shall see indeed.
But until that time we actually do see about what KATX, or it's soon to be parent company, releases for information, or, as has been the course for a long time, we find beforehand due to the constant vigilance and searching by quite a number of posters on this board currently as well as those who cannot post anymore, might I recommend to that we not speculate and ask the same questions over and over again, as, if I am not mistaken, that is a TOS/TOU violation that causes many messages to be deleted.
I think I have seen that to a couple of messages today, haven't I?
Rule -
RE: There is still alot of uncertainty in many of your answers
ANS: Funny as it may seem to you there really is NOT a lot of uncertainty in any of my answers. My answers are indeed based on what is known to all who do their DD and what has been said in PR's - NR's - KATX company website - official filings with SEC - OTC and my own conversations with a variety of people in conjunction with my own DD with several companies and people related to KATX.
RE: which is understandable since there are no real answers as of yet.
ANS: Yes there are real answers and there are more real answers to come.
I guess the biggest difference is that I do not beleaguer or dwell on the so called "uncertainty" issues over and over as so many seemingly want to do continually.
How do you feel about that issue?
Why, when we all have the same information "officially" do people
continue to post over and over again with the same questions? What do you think that their motives might be with respect to KATX or it's soon to be parent company?
RE: Your #5 answer, ppl here will find, is dead wrong however. To think there are no fees or paperwork (hoops to jump thru) to get the legend removed off of the restricted shares is just flat out wrong as you will see
ANS: I stand behind my statement from personal experiences and I have not had to worry about additional fees or paperwork associated with this type of transaction for at least 10+ years.
RE: BTW thanks for the Y(our) O(pinion) is S(mart) acronym. Nice to hear
ANS: Sure - tee hee
Rule - See you are trying to get some answers yet again...
I would have put my answers in CAPS - but you are already screaming again. LOL
RE: First of all nobody even knows what to call them>>>>> Share distributions......dividends.....spin-offs.... who knows? ANYBODY?
ANS - Per the PR they are "Share distributions" and not listed or mentioned as a dividend..
RE: #2....Who is elegible? Do you have to hold KATX until you get the KATG in your account? Or did you just have to hold by the record date? who knows? ANYBODY?
ANS - Again and according to the PR on June 25, 2010 you had to be an owner of KATX shares as of July 16th 2010 which was listed on the PR - There has never been anything released by the company officially as to the period you have to hold it for. Being that I am a long and you are a flipper that constantly buys and sells, you may or may not get your KATG shares.
RE: 3.........When are they going to hit your accounts? who knows? ANYBODY?
ANS - As soon as FINRA and SEC officially allows for name/symbol change which is the only thing left to happen. Once done at least 161 million will be restricted for 6 month period for non-insider shareholders and 12 monthper rule 144 as previously mentioned 100 times or so -
RE: 4..........How will the taxes be handled on them? who knows for sure? ANYBODY?
ANS - Seeing that nothing in life is free, and based on my prior experiences in both distribution and dividends, the cost basis will be the actual amount of the value of 1 share once the distribution has been made once the KATG stock is fully authorized and tradeable to do so.
The very day this is done makes your "cost basis" in my case this is Federal law under IRS tax code.
RE: 5.........How much of a hassle and/ or expense will it be to get the legend removed 6 months from now so that the shares are tradeable? (it doesn't happen magically, ppl) And when exactly is that date? who knows for sure? ANYBODY?
ANS - I have never had any cost nor any additional hoops to jump through in the past and do not foresee one with this distribution either.
RE: 6.........Will the KATG shares really be worth ANYTHING? With a 1 in a 100 chance of a good finding in Newfoundland......who knows? ANYBODY?
ANS - The KATG shares will be worth what the market dictates and according to what findings are found from the drilling currently on Handcamp. They may be worth a lot or a little. This question will be answered in due time.
RE: Lots of unanswered questions here.
ANS - Yes, at this point there are unanswered questions and I can only assume you are bringing this up for a particular reason, I wonder what that could be... hmmmm.
RE: Maybe Jack can help out. Oh....wait.....that route has already been attempted. I believe he was NO HELP WHATSOEVER. That's just what you want in an IR guy isn't it?
ANS: I would think that he or any person in this transaction is limited in what they can officially say until the time that they release a PR so we all know at the same time. I would think that the lack of specific answers to specific questions tells me that they are complying with all Federal laws as it pertains to the timely release of information and not "leaking" information as one poster indicated he did from time to time. And YES that is what I not only expect BUT am glad to see that our directors are paying attention to the rules that have been put forth to them by the SEC - FINRA - OTC etc.
RE: MO ........rule
ANS - YOS..... KatCar
snow,
Yes it is in the interest of KATG that time and money is spent on drilling Handcamp as Handcamp is currently the property of KATG which is 32.2% owned by the shareholders of KATX (500 mill shares / 161 mill shares purchase price from KATX to BVIG/KATG.
Also - you stated
"Posted by: snow Member Level Date: Saturday, August 14, 2010 3:18:48 AM
In reply to: Grahamber who wrote msg# 86613 Post # of 86651
You forget that KATG is a different company from KATX.
WELL THERE IS A NEWS FLASH - DOH - OF COURSE IT IS A DIFFERENT COMPANY - And per Ken Stead it will become the parent company of KATX(C)- Again proving up to shareholders his word and integrity.
It has a legal obligation I believe to look after the interests of the KATG shareholders who are only partly the same as the shareholders of KATX. KATG is a Bulletin Board company and will have to act in accordance with its reporting status.
AND BVIG/KATG IS INDEED ACTING IN ACCORDANCE WITH ITS STATUS ON THE BB WITH PROMPT FILINGS AND DISCLOSURES THUS FAR, IS IT NOT?
Once FINRA and the SEC act it will become fully effective and even moreso fully reporting. Right now it is in the land of limbo.
And then you stated
"Posted by: snow Member Level Date: Saturday, August 14, 2010 3:13:28 AM
In reply to: solidgold who wrote msg# 86596 Post # of 86651
solidgold
You seem to forget that Handcamp and RR are owned by two different companies now. Those companies have diverging interests.
DOH again! Of course they are diverging interests in what they are doing in the way of exploration. However, seeing in print that KATG will become parent of KATX(C) their interests are indeed fully aligned, are they not?
KATG as stated over and over is in pursuit of Gold.
KATX(C) will be pursuing their other interests which include Rusty Ridge (IOCG) Clifton, Colliers, Lucky etc. in the pursuit of other base metal deposits. again, on the website and PR's
No RS coming, pending or otherwise per Ken Stead a few times.
He admits he is from another universe -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53080427
I assume they have magic mushrooms there -
Suggest reading his posts as he said the same thing here yesterday.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53032241
And also at a different stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53035603
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53035603
And according to his own posts he likes to make things up
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53079745
Interesting first post using new alias -
My reply to this is that yes KATG can and will run like crazy assuming the results are good 3 g/t to great 10 g/t. That will skyrocket KATG indeed.
That is but 1 play thus far until they move the other gold properties into KATG. (Cabot - Twilite and whatever else Ken has up his sleeve).
HOWEVER - You either did no DD or didn't want to DD on
Rusty Ridge and some of the other non-gold plays (Clifton - Vale/Lucky option, Shaylee and Colliers that are
currently unfolding. Deep drilling on RR excites the bejeebers out of me and that is why those of us long on KATX will not leave.
Too much potential out there.
Aside from having quite a bit of KATG distibuted to me and other longs, I and probably quite a few others are waiting for KATG to become publicly traded so we can buy more.
Also seeing that when KATX went down to the .12 level over last few weeks I bought more. So, if it does "tank", I will be buying and saying thank you to those who sold.
Anyway have a nice day -
"Every one Knows Katx will tank back to 0.11 or less because when people see the run on KATG - then they wud flip out of here to go there. Its just a natural instinct to see urself in red and katg in green with 500% increase."
Bella Viaggio, Inc.,
Prior to Reverse Merger with Kat Exploration Inc.,
Handcamp Gold Property (BVIG.OB)
prior to WHAT???
http://finance.yahoo.com/q?s=BVIG.OB
I agree with you Gump -
RE: "No not for me. Re the Employment Opportunities"
It seems they are looking for a Generative Geologist
and nothing listed under degenerative geologist that
I can see so far -
I thought sure you would like the updated site as you
were gnawing on that one for quite a while...
RE: "A bunch of pictures alone does not cut it"
Again, you are starting to get what you asked for.
The money, IMO, is from the $ 5 million - 50 million RESTRICTED
share transaction that we have already discussed oh about
100 or so times that I can recall.
I also believe you will see the ASSAY results IMO
by Thursday at the latest.
RE: "Mine Geologist INDEED !! First you have to have a MINE."
That is very true - kind of tells me they are looking a bit
into their and our future endeavors.
What is a Mine Geologist?
Mine geologist: Job description and activities
Mine geologists provide advice and expertise on the geological aspects of development and production in mine, pit and quarry sites. In overseeing drilling and surface exploration programs, they help to determine likely directions for future development.
Working as part of a multidisciplinary team, mine geologists help to assure the quality of the minerals, rocks and gems extracted, as well as ensuring the safety of the extraction process. As mine geologists are often responsible for estimating the mine reserve, numeracy and computer literacy usually form a key part of the job role. Mine geologists working in hard rock mining are likely to work overseas, in underground sites.
Typical work activities include:
* exploring, dating and sampling mineral deposits;
* interpreting and mapping the geology of a mine;
* preparing and presenting data;
* checking the quality levels of materials produced for reserve assessment;
* classifying resources;
* assessing geotechnics and aquifer drainage;
* undertaking environmental impact studies;
* updating detailed databases;
* creating mine models using CAD (computer-aided design) software, such as SURPAC.
Would you like to hear about the other positions also?
WE HAVE A BLOG !!!
http://www.katexploration.com/index.php?option=com_blog&view=comments&pid=2
Maybe now a certain feathered fellow can begin to
post without reprisal - Just sayin'
Registration is currently down to log in but in time
it will be fun to see what becomes of this
NEW LOOK OF KATX WEBSITE
http://www.katexploration.com/index.php
Great new look and feel to it with a lot more info on it.
Found this from searching Edgar a bit ago
Kind of nice seeing a major investment firm that has heard
of the little kitty KATx -
Institutional Investment Manager Filing this Report:
FORM 13F INFORMATION TABLE ENTRY TOTAL: 1046
FORM 13F INFORMATION TABLE VALUE TOTAL: $2,004,327,096
Name: Stifel, Nicolaus & Company, Incorporated
Address: One Financial Plaza, 501 N. Broadway
St. Louis, Missouri 63102
http://www.stifel.com/framesetURL.asp?URL=/homepageFrameset.asp
NAME OF ISSUER CLASS CUSIP VALUE SHARES SOLE NONE
KAT EXPLORATION INC COM 48238M104 3440 20000 20000 0
Granted 20000 shares is not a lot, but it is 20000 more than a certain poster on a certain board that likes to hear that certain posters self talk about certainly far from the truth stuff.
The rest of the holdings for this fund reads like a who is who
as I glance down the list of their holdings.
http://www.sec.gov/Archives/edgar/data/948905/000094890510000006/sec13f2qtr2010.txt
Thanks Rick - I really like
Why Invest in KAT Exploration
We feel like we are an exciting company. We have a field crew that knows what they are doing. We have some good past experience. Again, we are not a fly-by-night company; we are located in an area that is under-explored where in recent times have made new economical discoveries. If you were living in Canada and were monitoring province-by-province, you would find that Newfoundland has become one of the most exciting exploration provinces in the whole country. Our economy is a booming economy here in Newfoundland due mainly because of oil and mining. INCO has recently brought the Voisey's Bay Nickel/Cobalt Deposit into production which is a very rich deposit found in the Labrador part of the province. They are now in the process of building a $2 billion smelter refinery in Long Harbor. So the province itself is very exciting when it comes to new mining and oil discoveries. So KAT Exploration has great plans of moving forward, and we know what we are doing. We have good properties, good prospects, and good mining operations next door to us, so we can sell any discovered deposits. The government is mining friendly with great infrastructure in place. When all is said and done, we see ourselves as having a long prosperous future with all of this at our fingertips. So if investors are looking for a company that is going to be around for awhile, KAT will be around awhile for sure.
AMONGST many other things - still looking at each page