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This is a new gold/silver discovery. Same formation as Cache and Katx......Rusty Ridge neighbors....first worked on in 2010
The zone lies in Musgravetown sedimentary units which are in contact with the Love Cove Group mafic and felsic volcanics in the Avalon Zone of Newfoundland along the northern extension of the Burin Peninsula high sulphidation belt where extensive precious metal exploration is being carried out by a number of companies and prospectors.
http://www.silverspruceresources.com/s/BigEasy.asp
Geological evaluation of the zone indicates that the epithermal style, banded quartz veins that crosscut the bedding are found in the central and northern part while the more sinter-like banded zones, which appear to parallel bedding, occur in the southern portion of the zone. Dr. Greg Arehart, the Head of the Department of Geological Sciences and Engineering at the University of Nevada in Reno, a recognized expert in epithermal and Carlin-type gold deposits has visited the property and has been provided with data for the property. He comments: “Given the limitations of the exposure, the geology is clearly permissive of an epithermal system of significant size (>700 m of known strike length), and the geochemical signature is also consistent with epithermal mineralization. Some of the exposures appear to be near-surface sinter deposits, suggesting that we are seeing the top of the system. Additional geologic, geochemical, and geophysical work is needed to more clearly outline and understand this system.”
GREAT NEWS!!! KAT GOLD HOLDINGS S-1
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8545356
As filed with the Securities and Exchange Commission on April 13, 2012
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
KAT GOLD HOLDINGS CORP.
(Exact name of registrant as specified in its charter)
known.Zirconium(Zr,Niobium(Nb,Yttrium(Y,and Rare Earth Element (REE) mineralization within peralkaline granite dykes and related veins seems the neighborhood does have REE metals..... and it seems David Lentz (Moderator at the Giant Ore Deposit Hichley gave his speech) is work in on the same formation at Cross Hill as Rusty Ridge.... with another geo from Katx past Dean Fraser on a claims they bought from Rockbrigde (a company that Tim Froude was VP for)...hmmmmm 2010 work just coming back....hmmm...
http://www.cacheexploration.com/news/2012-news-releases/172-cache-identifies-rare-earth-element-targets-at-cross-hills-for-2012
CACHE IDENTIFIES RARE EARTH ELEMENT TARGETS AT CROSS HILLS FOR 2012 PROGRAM
March 5, 2012 -- Mr. George A. Brown, President and CEO of Cache Exploration Inc. (TSX-V: CAY), is pleased to provide the following Cross Hills, Newfoundland exploration update. Dr. David Lentz, P.Geo., is a Qualified Person as described in National Instrument 43-101 and is responsible for the technical information contained in this news release.
The Cross Hills Plutonic Suite consists of a group of related gabbro to diabase, granodiorite, biotite granite, peralkaline granite, and minor syenite that outcrops over 260 km2. The follow-up exploration work, conducted in October 2011, included radiometric prospecting and rock sampling on 3 of 10 claim groups held by Cache Minerals Inc., covering 6.5 km2. The three claims explored cover known Zirconium (Zr), Niobium (Nb), Yttrium (Y), and Rare Earth Element (REE) mineralization within peralkaline granite dykes and related veins (see Tuach, 1991). A sampling program by Rockbridge Minerals Inc. in 2010 returned values up to 1.11% TREO (see Galbraith and Fraser, 2010).
The exploration program was successful in outlining four zones of anomalous radioactivity varying between 1,000 and 4,000 counts per second (CPS) trending roughly towards 065o and traced discontinuously over 2 km. These zones have previously been sampled and are known to be REE-enriched; one of these zones were subsequently drilled in 2010 (see Galbraith and Fraser, 2010). Other than their radioactivity, these zones have no clearly recognizable physical or mineralogical features to help distinguish the REE-enriched areas from the host rock.
A total of 7 grab samples were collected from these radioactive zones in 2011. These were prepared and analyzed at Activation Laboratories Ltd. in Ancaster, Ontario, using their Code 1H processing including instrumental neutron activation analysis. Five of the seven samples, four from zones A and B and one from the pit zone (see attached diagram) exceeded 500 ppm Total Rare Earth Elements (TREE: La, Ce, Nd, Sm, Eu, Tb, Lu) and were therefore re-analyzed using their Code 8 - REE Assay Package using fusion preparation followed by ICP-ES and ICP-MS that analyzed for all 14 lanthanide series rare earth elements. Appropriate OREAS Certified Reference Materials (CRM's) were also submitted with the samples for QA/QC analysis. CRM's were reviewed and the results are considered satisfactory for reporting REEs, Nb, Y, and Zr.
All samples analyzed were an alkali granite unit with accessory amphibole identified in the hand sample; one sample (11-CHKB-2 from Zone A) contained approximately 20% of an additional aplitic phase irregularly through the sample. Three of the five re-analyzed samples returned Total Rare Earth Oxide (TREO) values ranging from 0.470 wt% and 0.500 wt%, which contained between 29% and 39% Total Heavy Rare Earth Oxide (HREO). The five samples also returned values of up to 2.071% ZrO2, 0.314% Y2O3, and 0.138% Nb2O5
I agree its being filed late on purpose....why?
Nice to that he is listed first at CDII as the CFO at BVIG. I think he could get the statements done on time if he wanted to....since you said you could do it in 20 minutes....just might be something else going on.
http://www.marketwatch.com/investing/stock/cdii/insiders?pid=70746
David M. Barnes, CPA
Mr. David M. Barnes, CPA, is Chief Financial Officer at Kat Gold Holdings Corp., Independent Director at CD International Enterprises, Inc., Chairman, President & Chief Executive Officer at MDWerks, Inc., a Member at The American Institute of Certified Public Accountants, and a Member at New York State Society of CPA's, Inc. He is on the Board of Directors at CD International Enterprises, Inc. and Fleet Lease Disposal, Inc.
Mr. Barnes was previously employed as Chief Financial Officer by Neah Power Systems, Inc., Chief Financial Officer by Cyber Defense Systems, Inc., Chief Financial Officer, Director & Executive VP by Solar Thin Films, Inc., Auditor by Horwath Velez & Co. PSC, Chief Financial Officer by American Complex Care, Inc., Chief Financial Officer by Beefsteak Charlie's, Inc., and Chief Financial Officer by Lifetime Corp. He also served on the board at Medical Solutions Management, Inc., Thinkpath, Inc., Echo Metrix, Inc., and In Veritas Medical Diagnostics, Inc.
He received his undergraduate degree from Long Island University.
http://www.hotstocked.com/10-k/china-direct-inc-CDS-1198131.html
Our corporate headquarters are in Deerfield Beach, Florida which houses the U.S. executive and administrative team that guides our overall operations. Our U.S. office employs both English and Chinese speaking business and accounting staff and our legal and other executive management. These professionals focus on due diligence, business development, finance, accounting and compliance with the reporting requirements of the Securities and Exchange Commission (“SEC”) and other applicable laws in the U.S. and the PRC.
Seems like the kinda of consultant Katx would have......
Herring Cove facies and Trinity facies....are located in the South Lucky and the new claims...
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdfhttp://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdf page 281 to page 283
They have now claim more of the Herring Cove facies......
the S. Lucky is right on a big ol dyke
Herring Cove facies and Trinity facies....are located in the South Lucky and the new claims...
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdfhttp://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdf page 281 to page 283
They have now claim more of the Herring Cove facies......
The S. Lucky is right on a big ol dyke
Yeep grew so big seems they forgot to pay for the claim and the their taxes....needed 1.6 billion the day before claim were to be updated....and the plant their are building for VB is still not ready until 2013 sound like a cash flow problem to me...
http://www.reuters.com/article/2012/03/15/vale-idUSL2E8EF00Q20120315.
Thu Mar 15, 2012 12:08am EDT
* Vale fighting four tax bills totaling nearly $17 bln
* Brazil claims double tax foreign operations, Vale says
* Decision suspends payment ruling pending final judgment
* Brazil top court says to rule on the case by Thursday (Adds Vale quote, supreme court ruling due, background)
BRASILIA, March 14 (Reuters) - Brazil's Vale, the world's second-largest mining company, said on Wednesday the Supreme Court of Justice had suspended an order for it to pay billions to Brazilian tax authorities in a double-taxation dispute ove r its international operations.
Vale is fighting four actions by the Brazilian Federal Revenue Service, which says it owes 30.5 billion reais ($16.8 billion). Vale says it has already paid this money to foreign governments and taxing the company again is an unfair burden.
The Brazilian federal tax claims against the iron ore miner amount to nearly three quarters of the company's $22.9 billion profit in 2011 and nearly all of its 2010 profit.
Brazil's Federal Supreme Court, the nation's highest tribunal, was scheduled to rule on the case on Thursday, the court's web site showed. The ruling on the case is likely to provide a strong signal to the outcome of another dispute with the government over $14 billion in mining royalties and other levies.
Four judges of the supreme court have ruled that the back taxes amount to double taxation, violating Brazil's Constitution, the court said on its website. Another four justices ruled the tax legal but one more justice still needs to vote.
The Rio de Janeiro-based company, which has operations on six continents, says Brazil's claim will deter companies from expanding operations abroad. Vale is the world's largest producer of iron ore and expects to become the largest producer of nickel this year.
The Revenue Service wants the company to pay the following in taxes and penalties -- 3 billion reais for the period of 1996 to 2002, 10.8 billion reais for the period of 2003 to 2006, 13.2 billion reais for 2007 and 3.5 billion reais for 2008.
Vale said this month it would deposit 1.6 billion reais with a judge against the first and smallest of the Revenue Service's claims after having failed by that time to block a collection order. The latest ruling means it is no longer required to do that.
As good as stickie...as any ever posted IMO
What parts of the Ibox do you have issues with...perhaps they can be addressed and the group my have more current information or suggestion for their improvements to modify instead of build from scratch..to much history....
I do not agree as well..
If you have an issue with a section of the Ibox you should say what is incorrect ...I do not believe that the Ibox should be deleted...and reconstructed...
Rusty Ridge Claims....(new)KAT Claim
Claims that were sold to BVIG
http://gis.geosurv.gov.nl.ca/mrinquiry/License.asp?License=020010M
Claims in the Area
Still undefined.....
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2012/Sparkes_2012.pdf
Alan I think tink is correct that claim is a KATX claim the others are BVIG
From TinkerBelle were the share are....and how BVIG and KATX are related...
Post # of 191482
161,000,000 bvig shares to Katx for sale of the Handcamp Property.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8256144
135,000,000 bvig shares to Katx for sale of the Lucky, Rusty Ridge, Colliers properties.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8264236
Total = 296,000,000
2,264,500 owned directly by Ken
380,500 BVIG current float IMO
Check filings for BVIG for this info and also ALL recent BVIG filings.
Total Outstanding Shares for BVIG as per filing O/S = 298,644,500 s
See All filings here: http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001412126&action=getcompany
Next filings for BVIG are due by March 31, 2012 (Period ending
Dec. 31, 2011)
Monday, January 30, 2012 3:45:16 PM
Purchase of BVIG
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7227300
__________________________________________________________________________
Weighted average common shares outstanding 163,644,500
161M to Katx for Handcamp plus 2,644,500 issued and outstanding = 163,644,500
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8256144
Plus the 135M for N. Lucky, S. Lucky, Rusty, Colliers
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8264236
O/S = 298,644,500 s
298,644,500 OS
296,000,000 minus shares to Katx for HC, Luckies, RR, Colliers
2,264,000 minus Owned by Ken Stead
___________
380,500 Float IMO
(ii) the 380,500 shares of Common Stock owned by persons who are non-affiliates of the Company (the "NON-AFFILIATED SHAREHOLDERS"), the Sellers and/or the Purchaser and not being acquired pursuant to this Agreement or the Other Acquisition, and (iii) the 2,043,333 Shares being acquired pursuant to this Agreement, the Company has no other securities issued and outstanding;
That is why the trading of BVIG is low...no liquidity.
__________________________________________________________________________
Nevada SOS for A/S http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ji6hnCJCRNX541ZMO6c0Rg%253d%253d&nt7=0
Progress as of Nov 5 2010....
http://www.sec.gov/Archives/edgar/data/1412126/000093041310005910/filename1.htm
From TinkerBelle were the share are....and how BVIG and KATX are related...
Post # of 191482
161,000,000 bvig shares to Katx for sale of the Handcamp Property.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8256144
135,000,000 bvig shares to Katx for sale of the Lucky, Rusty Ridge, Colliers properties.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8264236
Total = 296,000,000
2,264,500 owned directly by Ken
380,500 BVIG current float IMO
Check filings for BVIG for this info and also ALL recent BVIG filings.
Total Outstanding Shares for BVIG as per filing O/S = 298,644,500 s
See All filings here: http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001412126&action=getcompany
Next filings for BVIG are due by March 31, 2012 (Period ending
Dec. 31, 2011)
Monday, January 30, 2012 3:45:16 PM
Purchase of BVIG
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7227300
__________________________________________________________________________
Weighted average common shares outstanding 163,644,500
161M to Katx for Handcamp plus 2,644,500 issued and outstanding = 163,644,500
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8256144
Plus the 135M for N. Lucky, S. Lucky, Rusty, Colliers
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8264236
O/S = 298,644,500 s
298,644,500 OS
296,000,000 minus shares to Katx for HC, Luckies, RR, Colliers
2,264,000 minus Owned by Ken Stead
___________
380,500 Float IMO
(ii) the 380,500 shares of Common Stock owned by persons who are non-affiliates of the Company (the "NON-AFFILIATED SHAREHOLDERS"), the Sellers and/or the Purchaser and not being acquired pursuant to this Agreement or the Other Acquisition, and (iii) the 2,043,333 Shares being acquired pursuant to this Agreement, the Company has no other securities issued and outstanding;
That is why the trading of BVIG is low...no liquidity.
__________________________________________________________________________
Nevada SOS for A/S http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ji6hnCJCRNX541ZMO6c0Rg%253d%253d&nt7=0
Progress as of Nov 5 2010....
http://www.sec.gov/Archives/edgar/data/1412126/000093041310005910/filename1.htm
The Vale boys have been looking with Cornerstone since 2004 I choose to go with with what I have posted....Vales got huge tax problems of their own....17.4 billion in tax payments....have to see how all this turns out....
http://mobile.bloomberg.com/news/2012-03-07/vale-says-it-plans-to-file-court-appeal-after-losing-injunction?category=
Vale SA (VALE3), the world’s largest iron- ore producer, plans to challenge unpaid tax claims in Brazil of as much as 30.7 billion reais ($17.4 billion) after losing an appeal to keep the dispute at an administrative level.
The company, based in Rio de Janeiro, lost an injunction for claims of 9.8 billion reais plus interest related to tax liabilities on its non-Brazilian domiciled units to be treated as an administrative dispute, Vale said in a statement late yesterday. The decision follows a similar ruling, which prompted Vale to say March 5 that it will put up 1.6 billion reais in collateral to challenge the dispute in court.
“Vale will file the necessary appeals to protect its interests,” the company said in yesterday’s filing, without saying if it will increase the amount. Including interests and penalties, the claim may reach 24.1 billion reais, or about 78 percent of the total dispute, Vale said.
Vale, Brazil’s biggest exporter, is fighting tax claims amid growth in its shipments and rising minerals prices. The government is seeking tax payments on foreign operations profit from 1996 to 2008 and additional unpaid royalties from operations in Brazil, according to an April 28 filing with the U.S. Securities and Exchange Commission.
Increasing Risks
Vale’s potential tax liabilities will continue to threaten the stock, Banco Santander SA (SAN) analysts Felipe Reis and Alex Sciacio in Sao Paulo said in a research note today, where they downgraded their rating on Vale to “hold” from “buy.”
“Our perceived risk related to Vale’s tax contingencies increased significantly recently due to the sequential losses in the company’s ongoing discussions with Brazilian tax authorities,” the analysts said.
Since 2003 Vale has been challenging Brazilian taxes levied on its foreign subsidiaries’ net income. Vale has received four tax claims for a total of 30.7 billion reais including interests and penalties as of Dec. 31, the company said in yesterday’s filing. Brazilian tax authorities may also file claims for the period starting in 2009, Vale said.
The company said it didn’t make provisions to cover potential losses related to the dispute because it expects a favorable decision.
Tax Defense
“Vale will continue to take appropriate legal action to challenge the tax assessments, employing all available means to ensure its rights to defend itself,” the company said, adding it is “confident on obtaining a final favorable ruling.”
Herring Cove facies and Trinity facies....are located in the South Lucky and the new claims...
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdf page 281 to page 283
They have now claim more of the Herring Cove facies......
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdf page 281 to page 283
Not going anywhere just looks of connection to Cornerstone after Ken Left, Vale, Weyburn, PNL...
Weyburn should have some cash with the progress at Deer Lake maybe someone else can find a link in the information that was post on the cabot claims...maybe there is still an active claim or agreement...Below is an old listing of the claims in Ken Tim on Rusty Ridge which is now BVIG and cliffton which is not listed any no longer...but which had 4 quarter funds spent in 2011...maybe you have some thoughts....Some shared posters on this board and Cornerstone boards....Vale Cancelled JV that they have be working on for years...no postings about that on the Cornerstone Boards....
Notice the names on the Cabot claims...all changed now...
http://ih.advfn.com/p.php?pid=nmona&article=43652485&symbol=NO^KATX
5 year period He probably paid the 40K dollars and still has a few years for the rest
KAT has agreed to acquire a 100 percent interest in the Cabot properties over a five-year period in consideration of total cash payments of $560,000, which includes a payment of $40,000 on signing and the remaining $520,000 over the remainder of the agreement. The agreement also includes a stock issuance of 3,000,000 shares, with 150,000 shares to be issued upon signing and the remaining 2,850,000 over the remainder of the agreement.
July 2010 to July 2015
00567M was the main property that had the drilling
http://findarticles.com/p/articles/mi_m0EIN/is_1998_March_25/ai_20435142/
http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch12/012I_0250.pdf
That a brand new claim #019787M owner Wayne Hurley, already showed as an option agreement on the option booklet It is a small claim in that grouping of Cabot .
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=019787M
""KAT also agrees to allocate minimum expenditure of $1.2 million over the five year term of the agreement and complete a National Instrument 43-101 on the Cabot properties. "" Pickett could have done the Nat Instr 43-101
5 years is a long time.
KATX could still have somewhat of an agreement for this one claim
http://www.nr.gov.nl.ca/nr/mines/prospector/matty_mitchell/pdf/Properties%20for%20Option%20Booklet.pdf
Good summary of the facts....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73345911
.it is interesting to see what Value they hold to each other in the eyes of the company....and who knows maybe there is some value in the research done (see graphic below seems to be some interesting formations and faults) the new claims are in addition to the ones you posted although they are in Ken, Tim and Melvin Stead name....
From the facts we have from the company....
Good summary as to what is left Tink..it is interesting to see what Value they hold to each other in the eyes of the company....and who knows maybe there is some value in the research done (see graphic below seems to be some interesting formations and faults) the new claims are in addition to the ones you posted although they are in Ken, Tim and Melvin Stead name....
From the facts we have from the company....
Wholly owned property could easily have forest for carbon credit...we know Katx has University connections....does really matter if you mine or not...
maybe quarry reports premining development different rules?
http://www.nr.gov.nl.ca/nr/mines/exploration/guidelines/Pros-Expl-Mining_Guidebook_August2011.pdf
bottom page 3
Quarries in support of mine development... have no idea what the difference might be but there were quarries on the claims but there is a special section in the pdf........
LOL Gump incorrect reading of the facts again.... Despite the early interest in its geologgy and minerals, the Bonavista Peninsula has remained, until recently, one of the least-prospected and, geologically poorly known parts of Newfoundland.
So much for the old dogs and 100 year old claims of copper across the BonaVista.....
Your information seems to incorrect on many posts.....
PR Lucky Property Nevember 23-09.doc seems to be public information....
"AVALONIAN SSC BASINS"
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2010/hinchey.pdf
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2004/obrien_king2.pdf
"AVALONIAN SSC BASINS"
http://www.nr.gov.nl.ca/nr/mines/prospector/matty_mitchell/pdf/Copper-Zinc/Commodities%20Poster%20Cu-Zn,Jan%2712.pdf
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2010/hinchey.pdf
Handcamp referenced here, along with the others...BVIG
ftp://ftp.soc.soton.ac.uk/pub/sph1e08/Hilary%20-%20buchans%20stuff%20of%20interest/piercey-newfoundland.pdf see page 173 and 174
(note the Tulks belts deposits references and bathurst #12)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71167012
But irony I like best is that Falconbridge drill results...which have been improved on IMO were used to do is report gold deposit...showing Handcamp......
ftp://ftp.soc.soton.ac.uk/pub/sph1e08/Hilary%20-%20buchans%20stuff%20of%20interest/piercey-newfoundland.pdf
Notice the graphs,,,,look for Handcamp......seems falconbridge was there for the drilling of Handcamp before the staking of North Lucky on the BonaVista....Some very impressive numbers
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71167268
Seems a whole team of folk once knew something as they reviewed the data and Jim Hinchey was there on the drill rig
for falconbridge...with Saunders
Actually Gump IT ISN'T !!!!!!!!!!!!!!!!
ftp://ftp.soc.soton.ac.uk/pub/sph1e08/Hilary%20-%20buchans%20stuff%20of%20interest/piercey-newfoundland.pdf see page 173 and 174
(note the Tulks belts deposits references and bathurst #12)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71167012
But irony I like best is that Falconbridge drill results...which have been improved on IMO were used to do is report gold deposit...showing Handcamp......
ftp://ftp.soc.soton.ac.uk/pub/sph1e08/Hilary%20-%20buchans%20stuff%20of%20interest/piercey-newfoundland.pdf
Notice the graphs,,,,look for Handcamp......seems falconbridge was there for the drilling of Handcamp before the staking of North Lucky on the BonaVista....Some very impressive numbers
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71167268
Seems a whole team of folk once knew something as they reviewed the data and Jim Hinchey was there on the drill rig
for falconbridge...with Saunders
NEW Fifield pits.South Lucky...see map page 3....
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2012/Hinchey_2012.pdf
gush gush gush...60 years as a geo...and thats what you say.... I go with the phd...
Herring Cove facies and Trinity facies....are located in the South Lucky and the new claims...
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdfhttp://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdf page 281 to page 283
They have now claim more of the Herring Cove facies......
You are Almost correct but B4 yOu assume 2 much more reread carefully
I agree Tink as a mod if Tink wants to do it....
Finally we agree on one thing..the attorney is an idiot. It is however a point that Picket resigned from the board....and that was his position before the resignation however I am not sure we know who might be working as a consultant or on the payroll...besides Ken and Tim and Les...I have not seen anything about who is one the payroll...there were some payments besides payroll...
Who know if Picket is not on the board perhaps he is able to buy shares....that he could not while on the board...
So again nowhere near the figures you posted earlier...someone that comes up with $245,000 no doubt gets a better deal...than retail..
Share count not maxed out seems to have a bit to go yet..not a bad share burn rate considering there was a new shell purchased and alot of expense not related to the exploration work but legal and etc....and with a new Company BVIG and a shell about empty...and a transfer of asset in to BVIG seems like KATX KATG and BVIG is about ready for the next step.... someone gave them a loan if not a bank they must have shown someone something....to get the loan...some properties that use to be on the Newfoundland government option site but are not listed any longer....so it does not seem every thing is for sale
(Handcamp for one) so it perhaps its not as dead as some would post... I like the fact there were quarry permits on the North Lucky that have been renewed....early in the season...lots of need for quarries in the area...LOL...lots of assays to report on good or bad....
Correct most of the rest is just your opinion....
What it tells me is no one selling at this price...regardless of the incorrect numbers from attorney that most reading the board had an approx, number on except for those that keep saying Katx most like max out on it shares count....which we heard from many for months...
Agee as well there is no reason not to timely...or early with the information check by the whole board....I agree that much is owed to the shareholders....the information is what it is...
That much should have been learned in life if nothing else...get your work in on time....However I see may of the same poster here as I do on the Cornerstone site and do not see the same cries for information on the status of the Vale JV since they are now available seems lack of news flow or delays are rather common(and he might not be any worse than others) on the BonaVista and St John's....
As far as the rest (being broke) I dont agree...there was work $(49,000) done on Handcamp in the Fourth quarter...folks have been posting Katx is broke for a year... and four months we have seen that the bank account has -95 dollars. Because that was the balance on November 30th. I would bet thats a fairly fluid number... not broke but fully invested in the properties as he should be...it would not make sence to have much money in the bank.
And it is interesting to note that no funds were spent on North Lucky as some money went to Cliffon and other claims...perhaps some other firm was spending money on the Lucky site...seems atleast likely to me...
There were even assays that were paid for in the fourth quarter...seems like new could be fourth coming...perphaps follow up work for the 80,000 dollars of assay work we shareholder have not heard anything on.....seems like a likely source of news and assays we keep reading about....
I see a large interest number, maybe the company has a loan...maybe a banker is convinced there is something of value...
I while there might not be money in the bank the company has continued to exist and do some work for a better part of a year or more... there was a revenue number of $184,000 so besides the grant from the newfie governent...some more funds have come in...beside they money raised from selling shares....
Have to agree on the attorney letter....Tink does better work and half a dozen others.... Ken get yourself another one...geesh... This is two times in a row....at least that one bill that should not be paid...
Notice the Names on the report New 2011 Mines branch review DD on Sediment Hosted copper Mineralization on the Avalon zone
New 2011 Mines branch review DD on Sediment Hosted copper Mineralization on the Avalon zone
New 2011 Mines branch review DD on Sediment Hosted copper Mineralization on the Avalon zone
South Lucky has been added to in the direction of Vale claims
South Lucky (Fifields Pit) has reported SSC Mineralization per Dr. Hinchey.
Page 18
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2010/hinchey.pdf
"Mineralization in the Rocky Harbour Formation is best exemplified by the Fifields Pit prospect where disseminated and fracture-controlled copper mineralization occurs within fine-grained, finely laminated, grey-green sedimentary rocks interpreted to be submarine in origin."
The words are from the KATX report below.....
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch22/002C_0178.pdf
Page 8 second column....Cornerstone and Tim Froude....
http://www.nr.gov.nl.ca/mines&en/geosurvey/publications/cr2004/obrien_king2.pdf
http://gis.geosurv.gov.nl.ca/mods/ModsCard.asp?NMINOString=002C/06/Cu+001
Wrong Again..B402 there are many links...
South Lucky (Fifields Pit) has reported SSC Mineralization per Dr. Hinchey.
Page 18
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2010/hinchey.pdf
"Mineralization in the Rocky Harbour Formation is best exemplified by the Fifields Pit prospect where disseminated and fracture-controlled copper mineralization occurs within fine-grained, finely laminated, grey-green sedimentary rocks interpreted to be submarine in origin."
And you can see that the South Lucky Claim has expanded to the North to the South of the Current Vale Claim...
The words are from the KATX report below.....
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch22/002C_0178.pdf
Page 8 second column....Cornerstone and Tim Froude....
http://www.nr.gov.nl.ca/mines&en/geosurvey/publications/cr2004/obrien_king2.pdf
http://gis.geosurv.gov.nl.ca/mods/ModsCard.asp?NMINOString=002C/06/Cu+001
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