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Here is an interesting post from Rick-UK from Ken Stead himself regarding the Cabot property. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57988272
No one is forgetting about HC and RR. Handcamp is set for Phase II drilling and maybe Phase III. Rusty Ridge is awaiting remaining assay reports. There is nothing wrong with researching another property of Kat (Cabot). Cabot has been brought up many times since it was acquired by Kat. I desire to hear any information regarding any of our properties. :o)
I agree AbrahamS. I also rest assured that Pope went to the Newfoundland conference. There were pictures brought back, and the Kat Brochure, which contained the interesting info about Katx and its entire portfolio of properties being brought into Kat Gold Holdings. http://sphotos.ak.fbcdn.net/hphotos-ak-snc4/hs1379.snc4/163179_118013898269379_100001823087522_121477_7078164_n.jpg
The Pope took time from family, and spent a considerable amount of money to go, and I am grateful for that and for all of the great information shared. Thanks, Pope!
I continue to be Long and Strong here since Dec, 2009.
I do believe it was BMB who recently found the new Rusty Ridge claims from December 22, 2010. He is always finding facts! :o)
Mineral Rights Inquiry Report:
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=018404M
The new claims are in yellow.
Yes, that's right only_katx. I am with you.
There is no one who has done more DD, and found more facts on KATX/BVIG than BMB! :o)
Just because one poster claims that another has sold out, does not make it true.
JJM3 I believe he is a bit withdrawn because of this:
So sad. So now, has he turned on Katx? You decide.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58276549
Thanks Steesharp! Great info.
For those who say that Ken Stead is the only one who likens RR to OD, there are others. Check out this post, and the replies too.
And if I remember correctly, the first OD drill in the center turned out low. It was the surrounding areas that had all the good stuff. Anyone have that info?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54701412
Nice post and map Rick-UK. I think those new claims speak wonders.
Also......I was wondering if you know where on that map, holes 1 and 2 on RR were drilled???? Can it be marked?
Thanks
Just thought I would re-post new RR claims report and map for those who didn't see it.
Mineral Rights Inquiry Report
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=018404M
BMB You Rock!!! Great find on the new Rusty Ridge claims!!!
Gump, you know you are excited! This is what you live for, remember?
And remember your favorite quote from your profile:
Favorite Quote: You can't win if you don't get in !!!
gump90 Share Tuesday, December 07, 2004 8:35:39 PM
Re: marlynn1 post# 24088 Post # of 45037
The MMs own the game, marylynn hon ..
They can do, use, or abuse anything, anytime they wish. Some say this is not so and that they are Goody Goods who adhere to the rules. I say HOGGGGGGGG WASH !!!!!!!!!!!!!!! That is the whole point of the Get Shorty wars .. to finally expose the blatant frauds that they commit. SELLING SHARES THAT THEY NEITHER OWN, NOR BORROW !!!!! that is.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=4763517
Whodowl,This site is great for searching!
http://gis.geosurv.gov.nl.ca/
And a quick look at where all the properties are.
I respectfully disagree....I totally feel we can rely on Mr. Zwicker's statements in E-mails.
I'm not sure that we can rely on Mr. Zwicker's statements in E-mails.
Yes Rick, I agree! And as Balihi said, "I think those words were carefully chosen." :o)
"...we continue to work in harmony with all involved to complete the data necessary for release."
Harmony, such beautiful music!
1. agreement; accord; harmonious relations.
2. a consistent, orderly, or pleasing arrangement of parts; congruity.
Matej, thanks for sharing that!
I like this part:
"...we continue to work in harmony with all involved to complete the data necessary for release."
Lets see.....
January KATX acquires new consultants for 5 years.
CDII acquires 2 new clients in first half of year.
October KATX appoints David M. Barnes as new CFO, who is also current BOD of CDII
Could it be???
Graham, Thanks! And the same to you too! :o) I can't PM
Hi Abraham, Here is the PR that tells information for next conference call. :o)
http://ih.advfn.com/p.php?pid=nmona&article=45706934&symbol=CDII
Yes, looking forward to hearing that. :o)
Great find BMB and Matej123 from China Direct Industries conference call.
Keep in mind our new CFO is David M. Barnes, and is on the BOD of CDII. See our BVIG 8K/A pages 3,4
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7519490
Can Katx be one of the clients?????
KAT Exploration Retires Additional 300 Million Shares, Engages New Consulting Group, Dual Listing and Carbon Credit Assets on th
http://ih.advfn.com/p.php?pid=nmona&cb=1267833742&article=41165194&symbol=NO^KATX
I like these parts of the CDII conference call:
.......we added two additional clients..........
.......We expect our outlook in magnesium to continue to increase, and that will be coupled with stronger performance, which we anticipate will come from our consulting and basic materials.....
.......I am also pleased to report that we continue to see a market pickup in activity in all of our segments, particularly in magnesium and consulting. ......
.......In our consulting segment, we had particularly strong performance, with revenue up 123% from the same period in 2009. And I would also like to highlight some accomplishments in this area. First, we added two additional clients, bringing the total number of clients we service to seven. We are confident that these additions will lead to substantial increases in transaction revenue for assistance in areas like mergers, capital formation, and business development.......
......Fourth, we have parlayed our consensus with a number of consulting clients in the first half of the year into the addition of two new clients, as I have mentioned before, with additional prospects for the coming quarters. It is important to note that transactional business in consulting can yield very high margin revenue, as was the case in 2007 and in 2008, where consulting was the largest driver of earnings......
......Revenues in our consulting segment varied depending upon the level of service, especially in addition of new clients. As previously stated, we have added two new clients........
......Our successes in consulting over the last six months have increased our awareness and led to additional clients, with a number of opportunities in front of us in the near term. We believe there are a number of transactional opportunities capable of being closed in the fourth quarter, and are working diligently to bring them to fruition........
......Additionally, the investments we have made in magnesium, and building our trading operations, coupled with the client wins in our consulting operations, put us in a solid position to deliver markedly improved bottom-line performance in the remainder of 2010, and into fiscal 2011.......
And I loved the whole Q and A session:
Question-and-Answer Session
Operator
(Operator Instructions) Our first question comes from the line of Mitch Paleo [ph], who is a private investor. Please proceed with your question.
Mitch Paleo
Hi, guys. Obviously with half the fourth quarter being completed, I see that you are suggesting that you are going to be doing a minimum of $42 million in sales, and $6.4 million in net income. Pretty substantial, and being halfway through the quarter, you must have a really good idea that you are going to probably hit that. Can you expand on that a little bit, and can you talk about how you are going to complete that both lofty goals?
Richard Galterio
Sure. If you take a look at, you know, first of all, the growth trajectory that you have seen in magnesium, as well as in our other business segments, we, on a sequential basis, increased revenue from the second quarter into the third quarter by about 40%. Should that trend continue, coupled with our consulting operations, as we have said in the past, being transactionally based, in prior years, if you go back and you look at 2007 and 2008, when transactions take place with consulting clients, especially the new consulting clients, they are in a substantial pump-up in revenues and we wouldn't be talking about, you know, $300,000 or $400,000 or $700,000 in revenue.
We could be talking about a great deal more than that, but we believe that if we continue along the trajectory with our magnesium and our basic materials operations, and as we said before, some of our trading operations, which other than from now, really haven't produced any tangible amount of revenue, that we have a lot to start aligning into the fourth quarter that should contribute to revenue in addition to the growth that we would be seeing intrinsically in the segments that we have already. So there is a number of different contributors that haven't been contributing as greatly so far in the year that should kick into the fourth quarter to help us reach that goal.
Mitch Paleo
Okay. I guess I just realized that there is only a month and a half left to the fourth quarter. So you guys must have a really strong feeling to reiterate this guidance and confirm it here are in this call.
Richard Galterio
You know, there are some timing issues, you know, one transaction is full and when certain deliveries have been made, but, you know, at this point in time, we do feel that we are capable of reaching that goal.
Mitch Paleo
Thank you.
Operator
(Operator Instructions) There are no further questions in the queue at this time. I would like to hand the call back over to management.
Richard Galterio
Once again, we would like to thank you for attending this conference call, and as always, we will provide information as it becomes available to us, and we look forward to seeing you several months from now at our year-end call coming up probably sometime in December. Thank you and that will conclude our call.
Operator
Ladies and gentlemen, this does conclude today's teleconference. Thank you for your participation. You may disconnect your lines at this time, and have a wonderful day.
Great Video Matej123.
Looks like someone needs to do some reading.
You can start in the stickies and i-box above. And there's lots more where this came from. :o)
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/Prop_for_option-copper-zinc/cabot.pdf
Thanks for the clarification. :o) It was causing a lot of uncertainty to shareholders.
Snow, why are you talking about SAE* here on the Katx board. None of this conversation has to do with katx. Please remove it.
Thank you again Pope for going to the conference. Thank you for sharing your confidence in Ken Stead and KATX. That, along with all the awesome DD I have read over the past year has given me great assurance in my long position in this company. :o)
Gump.... Ken Stead and Company is a hard working company that is honest and has lots of integrity, and continues to all that it says he will do.
When you say over and over that this company is "bizarre", or conducts business in "strange" ways that you don't understand, or " it just isn't acting like there is something big coming up in the pipeline".
Could it be that you don't understand because you have never been involved with a company that has so many great properties, possibly working under multiple NDA's, is working with VALE, and has "THE BEST LAW FIRM IN THE WORLD" ? :o)
Just what our CEO believes too. :o) From the recent BVIG 8K/A:
"The ultimate objective of the Company is to sell mineral properties that it has located, explored and developed by attempting to enter into joint ventures with, or to sell interests in any property it manages to develop to, a major mining company; the Company expects that such a company, should the opportunity arise, will in all likelihood make the decision whether to enter into a joint venture or to purchase a property in its discretion.
Management hopes to develop relationships with certain major mining companies that could assist the Company in implementing its business plan; however, there can be no assurance that any such relationships will ever materialize. Management expects that the price of each property will be determined by the anticipated amount and value of minerals it contains. If management is able to acquire a pool of gold assets, management expects that it would attempt to sell them to a major mining company that would then bring the property into production.
- 28 -
The Company believes that the stage at which the interest of a major mining company is likely to be elicited is very subjective and subject to numerous facts and circumstances that cannot be predicted by the Company with any significant confidence. However, the Company believes that such companies have in the past become interested in a mining property based solely on the discovery of one promising drill hole having, in the opinion of such mining company, significant potential to contain substantial economic value."
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7587029
Great posts Bio and Big Owl. :o)
lol KATX video chart done by an IHub poster
http://i42.tinypic.com/nq8xf7.jpg
SURE HOPE HE SPELLED IT RIGHT...NITWIT....A VIDEO IS WORTH A MILLION WORDS .................
'' Another poster claimed that it was him who brought, directly or indirectly, the whole thing to fruition with an email to the CEO of the company of which I have record of.''
So again I asked BMB..."So, its just dirt with gold and other goodies in it. "al·lu·vi·um".......BMB replied..."It is the river bottom.....the area has (BIG RAIN) twice a year...and in those Hills, (where the rain hits) is some of the richest Gold deposits.(GOOGLE Newmont mining west Africa)...then the Big Rain (It Happens) ...just like Forest Gump would say!....and this rain...washes the Huge gold deposits over time to where we are....and we are, at the bottom of the river dooin a big ((( suckem-up-program ))) following any higher grade river bottom areas to the source!....Think of it as Exploration...(((( WHILE ))) making a ton of money!...WERE GETTING A DOZEN UNITS PER RIVER...FOR TWO RIVERS...AND STEVE SAID POSSIBLY THREE ...BUT NOW TWO...I BET BY SUMMER IT WILL BE MORE.......'''''WE GOOD'''.
I asked my Investigator friend ( BMB ) this question...''''What is Alluvial gold?''''...it is about the size of a grain of sand ....it is heavy....as those powerful pumps shoot that water along with sand from the bottom of the river across the long steel plate, well under that rubber mat ''you see in the videos on the Dredge makers website'' ...as the old saying goes...."What goes up...must come down"........and when the heavy gold and REEs come down there ...it gets trapped!....and is collected when the shift is up..... all the Gold and REEs are there for the harvesting!....Also the REEs are pumped up to a holding area at the surface of the Dredge by a sump pump..................
alluvial mining
n.
(Mining & Quarrying) a method of extracting minerals by dredging alluvial deposits
Collins English Dictionary – Complete and Unabridged © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003
alluvium
n.
1.a deposit of sand, mud, etc., formed by flowing water.
2.the sedimentary matter deposited thus within recent times, esp. in the valleys of large rivers.
they ...use those dredges independently to follow the higher grades of sand at the bottom of the rivers....all the way back to the source on land .......it was the heavy rains which wash the gold/heavy ree and diamonds into the river in the first place!.....inotherwords each of the 12 dual motor diesel dredges are independent (GOLD BLOOD HOUNDS).....SNIFFING...THEIR ...WAY....UPSTREAM....TO THE HIGHER CONCENTRATED GOLD DEPOSITS ON LAND.....AND....WHILE...THEYRE DOING THIS....THEYRE MAKING A TON OF MONEY FROM ALLUVIAL GOLD.......HEAVY BLACK SAND REES....AND TO A SMALLER DEGREE DIAMONDS!....I GET IT...I...HOPE YOU DOO TOOOO !....only the truth will set you free!
First people complain that KATX is not giving blog updates. Then when they give us one (and a great one at that), more groaning! geeeez These "lost boys" need to grow up! hehe Tink :o)
"Just so many words on a blog...."
Yes, thanks Bio, I agree. I believe, since they stated they are still drilling that is great news. They surely have an idea what is there by now, and they continue! Long and strong here!
Thanks Pope....Oooooo I'd like some Black Gold along with our Gold Gold ! :o)
You are ROCKIN at the ROCK SHOW !
Diversification of its portfolio to include properties of merit having known or suspected reserves of oil will also be considered. Should opportunities arise to participate in currently producing oil wells or operating mines they too will be considered.