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What we have here is a house being built. We have a solid foundation finished and the cornerstone is in place. The rest of the supplies (TOs) to finish the house have been ordered and we are awaiting their arrival. The supplies will arrive in sections. The house will rise up section by section and at this time we don’t know how many stories there will be. How soon the house will start rising will be determined by the rate the supplies arrive. This may turn out to be one the finest and tallest houses ever to be built. It is ALL in the supplies (TOs). As an extra bonus if we get the security system with iris scanner installed, we could become the talk of the town:)
This is a building without a foundation and cornerstone.
A 10-STOREY home believed to be the tallest private residence in Australia is going to auction, nearly 10 years after it was built at a cost of about $3 million.
The Girvan Estate is owned by Peter Grey, described by stock and station agent John Miles as an eccentric who has a passion for high-rise buildings.
"We are all into different things," Mr Miles said yesterday.
"Peter's idea of a good time is driving up to Surfers Paradise with King of the Road on his stereo and checking out high-rise buildings and eating ice-cream and hot chips.
"He's old school. He drives an old Ford ute around most of the time. His family has lived in the area for generations."
The tower-like structure is impossible to miss, sitting on top of a hill on a back road between Stroud and Bulahdelah.
Mr Grey lives in the building with his wife, who was recently diagnosed with Alzheimer's, prompting the sale.
His son has moved in and lives on one floor, while a niece lives on another floor.
Mr Grey spends most of his time on the top floor, where his office is, leaving the other seven floors largely untouched.
The building has an internal lift, seven bathrooms, two additional toilets, balconies on every floor, three bedrooms, and no, they do not employ a cleaner.
There are 360-degree views from the top floor, and an observation deck from which to enjoy it.
On a clear night, you can see across to the lights of Newcastle, and the building itself is lit up with blue neon lights.
During a rare interview, the media-shy Mr Grey told ABC Radio National in March last year that he had never used the in-ground pool on the first floor, because he can't swim.
Nor had he ever used the spa on the 10th floor, or the indoor tennis court on the first floor.
Mr Miles said each floor was large enough to become a self-contained residence.
Subject to council approval, it could be converted into a resort, he said.
Nikolai Sutyagin, a one-time gangster is the guy who built this wooden house. He built what is believed to be the world’s tallest wooden house. It is nothing less than ‘the eighth wonder of the world’.
The house dominates the skyline of Arkhangelsk, a city in Russia’s far north-west soaring 13 floors to reach 144 ft. It’s about half the size of tower of Big Ben.
Architectural design firm, Gensler, will soon see their spiraling skyscraper design become a reality, as construction on the 632-meter tall building commences. Named the Shanghai Tower, it will steal the title of the world’s second tallest building from Toronto’s CN Tower, with the 707m Burj Dubai remaining in the top spot. The Shanghai Tower will reside in China’s rapidly developing Luijiazui Finance and Trade Zone and will be China’s tallest skyscraper to date. The building will be highly focused on sustainability – unusual for China with its rainwater funnel recycling system for flushing toilets and wind turbines (tucked beneath its parapet) to power the outer lighting. The super-tall structure will join existing towering neighbors, the Shanghai World Finance Center and Jin Mao Tower, in an area that was apparently predominantly farmland as recently as eighteen years ago. The complex design comprises nine cylindrical buildings stacked on top of each other, with a triangular outer shell enclosing the whole structure. Nine sky gardens will serve as public spaces for the patrons and staff of the businesses, cafes, restaurants and stores it will house upon completion in 2014.
EVERMEDIA GROUP INC ( EVRM ) daily prices from 11/18/2010 through 02/17/2011
Date Volume High Low Open Close
11/18/10 1.73 M 0.0028 0.0024 0.0026 0.0024
11/19/10 2.95 M 0.0024 0.002 0.0024 0.002
11/22/10 884,700 0.003 0.002 0.002 0.0029
11/23/10 551,000 0.0029 0.0029 0.0029 0.0029
11/24/10 670,000 0.0038 0.0023 0.0023 0.0038
11/29/10 73,600 0.0038 0.0037 0.0038 0.0037
11/30/10 424,732 0.0035 0.0029 0.0029 0.0035
12/01/10 3.98 M 0.0034 0.0029 0.0029 0.0034
12/02/10 1.60 M 0.0033 0.0029 0.003 0.003
12/03/10 1.44 M 0.0035 0.0031 0.0032 0.0035
12/07/10 1.44 M 0.0033 0.0022 0.0033 0.0031
12/08/10 655,000 0.0032 0.003 0.003 0.0032
12/09/10 2.15 M 0.0032 0.0032 0.0032 0.0032
12/10/10 507,405 0.0036 0.0034 0.0036 0.0034
12/13/10 648,777 0.0036 0.0034 0.0036 0.0036
12/14/10 280,000 0.0034 0.0023 0.0034 0.0034
12/15/10 3.49 M 0.0045 0.003 0.0034 0.003
12/16/10 984,800 0.004 0.0023 0.003 0.004
12/17/10 366,000 0.0032 0.003 0.0031 0.0032
12/20/10 53,000 0.0031 0.0026 0.003 0.0031
12/21/10 3.00 M 0.0029 0.0026 0.0028 0.0026
12/22/10 264,300 0.0028 0.0026 0.0028 0.0028
12/23/10 372,000 0.0029 0.0026 0.0026 0.0029
12/27/10 265,850 0.0048 0.0024 0.0026 0.0025
12/28/10 1.37 M 0.0038 0.0025 0.0025 0.0028
12/29/10 490,000 0.0038 0.0028 0.0028 0.0028
12/30/10 945,714 0.0035 0.0028 0.0028 0.0034
12/31/10 2.54 M 0.004 0.0026 0.0026 0.0031
01/03/11 367,500 0.004 0.0032 0.004 0.0032
01/04/11 250,000 0.0032 0.0032 0.0032 0.0032
01/05/11 90,000 0.004 0.0032 0.004 0.0032
01/06/11 403,300 0.004 0.004 0.004 0.004
01/07/11 559,200 0.0045 0.004 0.004 0.004
01/10/11 165,731 0.0041 0.004 0.0041 0.004
01/11/11 2.81 M 0.0041 0.0039 0.0041 0.0039
01/12/11 1.59 M 0.0038 0.0034 0.0037 0.0038
01/13/11 2.57 M 0.0041 0.0036 0.0038 0.0036
01/14/11 510,256 0.0039 0.0039 0.0039 0.0039
01/18/11 1.64 M 0.0041 0.0034 0.004 0.0035
01/19/11 257,200 0.0038 0.0034 0.0034 0.0038
01/20/11 1.70 M 0.004 0.0038 0.0038 0.0039
01/21/11 55,000 0.0038 0.0037 0.0037 0.0038
01/24/11 1.73 M 0.0039 0.003 0.0031 0.0033
01/25/11 2.09 M 0.0047 0.0035 0.0035 0.0043
01/26/11 1.36 M 0.0045 0.0043 0.0043 0.0044
01/27/11 2.04 M 0.0049 0.0038 0.0045 0.0038
01/28/11 738,367 0.004 0.003 0.004 0.0038
01/31/11 1.12 M 0.0049 0.004 0.004 0.0047
02/01/11 480,100 0.0045 0.0045 0.0045 0.0045
02/03/11 1.48 M 0.0049 0.0045 0.0045 0.0047
02/04/11 208,242 0.0049 0.0045 0.0045 0.0049
02/07/11 1.23 M 0.0049 0.0043 0.0049 0.0043
02/08/11 1.25 M 0.005 0.0043 0.005 0.0043
02/09/11 544,944 0.0054 0.0046 0.0046 0.0054
02/10/11 725,000 0.0052 0.005 0.0052 0.0052
02/11/11 1.17 M 0.006 0.0052 0.0052 0.0056
02/14/11 2.39 M 0.007 0.0052 0.006 0.007
02/15/11 7.11 M 0.009 0.0069 0.007 0.0077
02/16/11 1.50 M 0.009 0.0077 0.009 0.0079
02/17/11 348,750 0.008 0.0079 0.0079 0.0079
Return as of February 17 2011
1 Month 114.29%
6 Month -25.00%
YTD 141.94%
1 Year -11.76%
3 Year -97.00%
5 Year -100.00%
Standard Operating Procedures for the SEC
The SEC was doing their job protecting us investors. It is what it is. The spin-off (share distribution) was not as transparent as I have seen in the past with other companies and I appreciate the SEC doing their job to protect the investor.
The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
As more and more first-time investors turn to the markets to help secure their futures, pay for homes, and send children to college, our investor protection mission is more compelling than ever.
As our nation's securities exchanges mature into global for-profit competitors, there is even greater need for sound market regulation.
And the common interest of all Americans in a growing economy that produces jobs, improves our standard of living, and protects the value of our savings means that all of the SEC's actions must be taken with an eye toward promoting the capital formation that is necessary to sustain economic growth.
The world of investing is fascinating and complex, and it can be very fruitful. But unlike the banking world, where deposits are guaranteed by the federal government, stocks, bonds and other securities can lose value. There are no guarantees. That's why investing is not a spectator sport. By far the best way for investors to protect the money they put into the securities markets is to do research and ask questions.
The laws and rules that govern the securities industry in the United States derive from a simple and straightforward concept: all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it, and so long as they hold it. To achieve this, the SEC requires public companies to disclose meaningful financial and other information to the public. This provides a common pool of knowledge for all investors to use to judge for themselves whether to buy, sell, or hold a particular security. Only through the steady flow of timely, comprehensive, and accurate information can people make sound investment decisions.
The result of this information flow is a far more active, efficient, and transparent capital market that facilitates the capital formation so important to our nation's economy. To insure that this objective is always being met, the SEC continually works with all major market participants, including especially the investors in our securities markets, to listen to their concerns and to learn from their experience.
The SEC oversees the key participants in the securities world, including securities exchanges, securities brokers and dealers, investment advisors, and mutual funds. Here the SEC is concerned primarily with promoting the disclosure of important market-related information, maintaining fair dealing, and protecting against fraud.
Crucial to the SEC's effectiveness in each of these areas is its enforcement authority. Each year the SEC brings hundreds of civil enforcement actions against individuals and companies for violation of the securities laws. Typical infractions include insider trading, accounting fraud, and providing false or misleading information about securities and the companies that issue them.
TheStreet.com Ratings says sell.
I'm not selling because the best is yet to come.
52-Week Range
$0.35-$1.77
RECOMMENDATION
We rate MEDLINK INTERNATIONAL INC (MLKNA) a SELL. This is based on several weak investment
measures, which should drive this stock to significantly underperform the majority of stocks that we rate.
Among the areas we feel are negative, one of the most important has been weak operating cash flow.
HIGHLIGHTS
Net operating cash flow has significantly decreased to -$0.23 million or 973.07% when compared to the same
quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
Compared to other companies in the Health Care Technology industry and the overall market, MEDLINK
INTERNATIONAL INC's return on equity significantly trails that of both the industry average and the S&P 500.
MEDLINK INTERNATIONAL INC has shown improvement in its earnings for its most recently reported quarter
when compared with the same quarter a year earlier. Stable Earnings per share over the past two years
indicate the company has sound management over its earnings and share float. During the past fiscal year,
MEDLINK INTERNATIONAL INC continued to lose money by earning -$0.10 versus -$0.11 in the prior year.
The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500
and the Health Care Technology industry. The net income increased by 16530.8% when compared to the same
quarter one year prior, rising from $0.01 million to $2.16 million.
This stock has managed to rise its share value by 135.61% over the past twelve months. Regarding the future
course of this stock, we feel that the risks involved in investing in MLKNA do not compensate for any future
upside potential, despite the fact that it has seen nice gains over the past 12 months
INDUSTRY ANALYSIS
The health care technology industry includes companies that provide application systems, data processing
software, internet-based tools, and IT consulting services to doctors, hospitals, and businesses in the health
care sector. The industry is competitive, continuously evolving, subject to rapid changes, and fragmented.
Companies have made recent progress in diagnostic and therapeutic applications due to strong demand.
Major players include IMS Health, Cerner (CERN), Emdeon (EM), and Eclipsys (ECLP).
Key elements of the health care IT industry (HIT) such as clinical decision-support systems (drug dosing
calculators) and computerized physician order entry (CPOE) can minimize medication dosing errors in the
in-patient pediatric and neonatal intensive care settings. Other HIT systems such as electronic medication
administration records, pharmacy-based robots, infusion pumps/devices, and medication bar-coding are
likely to reduce medication errors, but still require in-depth and expensive research. Electronic
health/medical record (EHR/EMR) systems increase efficiency, but require heavy investment. US spending on
HIT represents about 2% of gross revenue, which may be a serious impediment to growth.
Privacy and data security remain major policy and operational issues in US healthcare. Health Insurance
Portability and Accountability Act (HIPAA) compliance is not only complex, but expensive. HIPAA
standardizes transactions and code sets, but the application of HIT to clinical records (the EHR) has been
slow. Only 10% of US hospitals have implemented HIT while 16% of primary care physicians have adopted
EHRs and 37 states have e-health activities in Medicaid. Currently, nine states have claims-based EHRs and
27 states are still working on EHR initiatives. The EHR market, estimated to be around $1.2 billion, is expected
to surge 400% in the next 8 years.
Advances are driven by insurance companies that incorporate IT. Outsourcing of record-keeping and remote
transcription of doctors’ notes and X-ray analysis has become the norm. Customer service and
claims-processing alone could save $70 billion to $75 billion a year.
There is growing convergence of various technologies. Major growth drivers are the elderly population, baby
boomers, and the need for compliance with federal and state regulations (HIPAA). These factors will promote
increased demand for availability and efficiency of information.
PEER GROUP: Health Care Technology
Recent Market Price/ Net Sales Net Income
Ticker Company Name Price ($) Cap ($M) Earnings TTM ($M) TTM ($M)
MLKNA MEDLINK INTERNATIONAL INC 0.92 35 NM 5.79 -0.67
MEDW MEDIWARE INFORMATION SYSTE 11.05 89 19.39 51.83 4.63
ADAM A D A M INC 7.31 79 33.23 27.78 2.34
ICAD ICAD INC 1.35 62 NM 26.31 -3.00
SLP SIMULATIONS PLUS INC 3.39 53 24.21 11.09 2.29
OISI OPHTHALMIC IMAGING SYS INC 0.85 26 NM 18.15 -2.25
NWCI NEWCARDIO INC 0.75 23 NM 0.17 -9.65
STRM STREAMLINE HEALTH SOLUTIONS 1.76 17 44.00 18.97 0.43
MMRF MMRGLOBAL INC 0.08 17 NM 0.71 -19.53
MGT MGT CAPITAL INVESTMENTS INC 0.41 16 NM 0.43 -11.46
HSTM HEALTHSTREAM INC 7.08 154 11.61 63.20 13.29
The peer group comparison is based on Major Health Care Technology companies of comparable size.
MLKNA BUSINESS DESCRIPTION
MedLink International, Inc. engages in selling,
implementing, and supporting software solutions
that give healthcare providers access to clinical,
administrative, and financial data.
STOCK PERFORMANCE (%)
3 Mo. 1 Yr. 3 Yr (Ann)
Price Change 2.10 135.61 -6.66
GROWTH (%)
Last Qtr 12 Mo. 3 Yr CAGR
Revenues 2,555.38 1,064.38 232.10
Net Income 16,530.76 75.59 NA
EPS NA 66.67 NA
RETURN ON EQUITY (%)
MLKNA Ind Avg S&P 500
Q3 2010 -12.33 14.70 12.84
Q3 2009 NA 15.55 3.25
Q3 2008 NM 14.80 9.77
Mineral Rights Inquiry Results
http://gis.gov.nl.ca/mrinquiry/mrDisplay.asp
Total records retrieved: 17
Mineral Rights Licence Number: 011685M
Location: Hearts Desire,Avalon Peninsula
Owners Name: KAT Exploration Inc.
Claim Status: Cancelled
Current Number of Claims: 0.0000
Issuance Date: 2006/02/08
NTS Maps: 01N/11 01N/12 01N/14 01N/13
Mineral Rights Licence Number: 011693M
Location: Hearts Desire,Avalon Peninsula
Owners Name: KAT Exploration Inc.
Claim Status: Cancelled
Current Number of Claims: 0.0000
Issuance Date: 2006/02/09
NTS Maps: 01N/14
Mineral Rights Licence Number: 011694M
Location: Hearts Desire,Avalon Peninsula
Owners Name: KAT Exploration Inc.
Claim Status: Cancelled
Current Number of Claims: 0.0000
Issuance Date: 2006/02/09
NTS Maps: 01N/11
Mineral Rights Licence Number: 011706M
Location: Ballyhaek,Avalon Peninsula
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 20.0000
Issuance Date: 2006/02/13
NTS Maps: 01N/06
Mineral Rights Licence Number: 011707M
Location: Musgravetown,Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Cancelled
Current Number of Claims: 0.0000
Issuance Date: 2006/02/13
NTS Maps: 02D/08
Mineral Rights Licence Number: 011708M
Location: Cuslett Brook,Avalon Peninsula
Owners Name: KAT Exploration Inc.
Claim Status: Cancelled
Current Number of Claims: 0.0000
Issuance Date: 2006/02/13
NTS Maps: 01L/16 01M/01
Mineral Rights Licence Number: 011822M
Location: Blackhead Bay,Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Cancelled
Current Number of Claims: 0.0000
Issuance Date: 2006/03/13
NTS Maps: 02C/11
Mineral Rights Licence Number: 012031M
Location: Rocky Pond,Central Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Cancelled
Current Number of Claims: 0.0000
Issuance Date: 2006/05/19
NTS Maps: 12H/08
Mineral Rights Licence Number: 012291M
Location: Port Rexton,Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Cancelled
Current Number of Claims: 0.0000
Issuance Date: 2006/07/14
NTS Maps: 02C/06
Mineral Rights Licence Number: 015995M
Location: Lockston Path, Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 6.0000
Issuance Date: 2009/04/23
NTS Maps: 02C/06
Mineral Rights Licence Number: 016389M
Location: Stony Brook,Central Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 20.0000
Issuance Date: 1998/07/27
NTS Maps: 02D/13
Mineral Rights Licence Number: 016773M
Location: Bunyans Cove,Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 32.0000
Issuance Date: 2009/11/30
NTS Maps: 02C/05 02D/08
Mineral Rights Licence Number: 016909M
Location: Blackhead Bay,Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 49.0000
Issuance Date: 2009/12/21
NTS Maps: 02C/11
Mineral Rights Licence Number: 017311M
Location: Stony Brook,Central Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 94.0000
Issuance Date: 2010/02/18
NTS Maps: 02D/13
Mineral Rights Licence Number: 017389M
Location: Bunyans Cove,Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 21.0000
Issuance Date: 2010/03/15
NTS Maps: 02D/08
Mineral Rights Licence Number: 017514M
Location: Burgoynes Cove,Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 256.0000
Issuance Date: 2010/04/12
NTS Maps: 02C/04 02C/05
Mineral Rights Licence Number: 018404M
Location: Bunyans Cove,Eastern Nfld
Owners Name: KAT Exploration Inc.
Claim Status: Issued
Current Number of Claims: 102.0000
Issuance Date: 2011/01/21
NTS Maps: 02C/05 02D/08
Mineral Rights Inquiry Report
Friday, February 11, 2011
http://gis.gov.nl.ca/mrinquiry/License.asp?License=018404M
Last Updated: 2011/01/24
Licence Number: 018404M
File Number: 775:1760
Original Holder: KAT Exploration Inc.
Licence Holder: KAT Exploration Inc.
Address: 1149 Topsail Road
Mount Pearl, NL
Canada, A1N 5G2
Licence Status: Issued
Location: Bunyans Cove,Eastern Nfld
Electoral Dist.: 20 Terra Nova
Recorded Date: 2010/12/22
Issuance Date: 2011/01/21
Renewal Date: 2016/01/21
Report Due Date: 2012/03/21
Org. No. Claims: 102.0000
Cur. No. Claims: 102.0000
Recording Fee: $1,020.00
Receipt(s):
57050942 (2010/12/22) $1,020.00
Deposit Amount: $5,100.00
Deposit:
57050942 (2010/12/22) $5,100.00
Map Sheet No(s): 02C/05 02D/08
Comments:
Mapped Claim Description:
Beginning at the Northeast corner of the herein described parcel of land, and said corner having UTM coordinates of 5 364 500 N, 720 000 E; of Zone 21; thence South 4,000 metres, thence East 500 metres, thence South 500 metres, thence East 500 metres, thence South 500 metres, thence East 1,257 metres, thence on a bearing of 178 degrees 3,503 metres, thence West 1,394 metres, thence North 3,000 metres, thence West 4,000 metres, thence North 2,500 metres, thence West 1,000 metres, thence North 1,500 metres, thence East 3,000 metres, thence North 1,500 metres, thence East 1,000 metres to the point of beginning. All bearings are referred to the UTM grid, Zone 21. NAD27. Beginning at the Northeast corner of the herein described parcel of land, and said corner having UTM coordinates of 5 359 500 N, 279 000 E; of Zone 22; thence South 3,500 metres, thence West 1,394 metres, thence on a bearing of 2 degrees 3,503 metres, thence East 1,257 metres to the point of beginning. All bearings are referred to the UTM grid, Zone 22. NAD27.
Land Claims (effective 2005/12/01):
LISA: 0.00% LIL: 0.00% VBP: 0.00% Crown: 100.00%
Extensions: None
Work Reports: None
$20,400.00 to be expended on this license by 2012/01/21
Licence Transfers: None
Partial Surrenders: None
This Licence replaces Licence Number(s): None
This Licence is replaced by Licence Number(s): None
Work Report Descriptions: None
Detailed breakdown of projected required expenditure:
Actual Year Actual Expenditure Work Year Excess Expenditure Claims
1 $0.00
1 -$20,400.00 102.0000
Exploration Highlights for December, 2010
On December 22, 2010, KAT Exploration Inc. announced partial analytical results from two diamond drill holes completed at its 100% owned Rusty Ridge property. Drilling tested two
separate target areas: a deep coincident gravity and magnetics anomaly in drill hole RR10-01 and Rare Earth Element plus gold potential within altered peralkaline felsic volcanic rocks in RR10-02.
Hole RR10-02 intersected variably altered and mineralized peralkaline felsic volcanic rocks throughout the upper 245 m of the 344 m long hole. Initial ICP analytical results indicate
elevated lanthanum and cerium through several sections, and these along with other selected sections of the drill hole were sent for a complete analytical suite of rare earth and associated
elements. Results have been received for the upper section of the drill hole from 30 to 40.1m. The analyses indicate a 7.5m interval from 30.0 to 37.5m having elevated rare earth elements and zircon, returning a weighted average of 0.164% TREO (including yttrium) consisting of 0.113% LREO and 0.051% HREO (including yttrium). The results also returned 0.268% zirconium
dioxide, 0.039% Nb2O5 and 0.022% Rb.
Hole RR10-01, approximately 500 m south of RR10-02, was drilled to a depth of 719.3 m to test a coincident gravity and magnetic anomaly. The hole intersected mafic volcanic rocks,
conglomerates and mafic intrusive rocks that contain indications of sub-economic copper mineralization throughout most of the drill hole (including native copper and chalcopyrite). The
conglomerate unit is also strongly hematite altered, which could explain the gravity anomaly. The upper part of the magnetic anomaly is coincident with a thick magnetic mafic dyke.
KATG(BVIG)is not a scam.
We (KATX stockholders) have to be compensated for the removal of Handcamp from KATX to KATG(BVIG). The form of compensation will be in shares of KATG(BVIG) hopefully before hell freezes over. The SEC thus far has not signed off for this to happen as they had concerns over the paperwork submitted by "the best law firm in the world" more than once. So we wait and as the say on Caribbean Islands "soon come".
REE info
http://www.theanchorsite.com/category/general-ree/
Interview with Anton Chakhmouradian: Part 2
May 14th, 2010
Dr. Anton Chakhmouradian teaches alkaline and carbonatitic systems at the University of Manitoba. I believe that his research is both top-notch and absolutely critical for the furthering of our understanding of rare earths in various geologic settings. This interview was conducted by submitting questions to Dr. Chakhmouradian which he answered and returned on 3 May 2010.
How complex is the study of REEs compared to base metals or precious metals?
I think, in mineral exploration, every sector targeting a specific type of resource has its own complexities and challenges. The greatest one for people involved REE exploration, be it companies or academics, is the lack of public awareness, at least at the same level that gold, diamond or base-metal exploration sectors are accustomed to.
One can easily strike a bilateral conversation about gold or platinum with a person off the street, but mentioning neodymium or bastnäsite in that conversation will probably draw a blank stare. This, for the lack of a better word, public ignorance ultimately translates into less support for what I do relative to someone working on platinum, for example, even though the economic impact of these different resource types is probably comparable. Besides, there are purely subjective factors at work here, like the historical role of gold as an inflation hedge, which further amplify the differences between exploration for precious metals and rare earths.
On the technical side of things, the stats are fairly self-explanatory. There are over 250 rare-earth minerals out there, but only about 30 minerals that contain essential Au or Pt. (This is not counting the minerals that contain REE or precious metals substituting for other elements.) So, the mineralogical and chemical diversity alone makes REE research a highly specialized area. On the other hand, REE are much more abundant than any of the precious metals, which means they are easier to detect and track down to the source when it comes to geochemical survey, for example. But, by and large, like I said, every mineral exploration sector has its share of problems.
What are some of the misconceptions about exploration for REEs?
There are many misconceptions, most of which stem from ignorance, the point I have made before. Where should I start? Well, just the lack of understanding of what REE are and what they represent geologically is the source of much confusion and misinformation.
High-profile scandals and spectacular failures in some other areas of mineral exploration, that have enjoyed greater visibility and have been publicized to a much greater extent – like the diamond sector, have cultivated a refined and well-informed generation of entrepreneurs and investors. No one in the right mind would support a diamond project targeting basalts or granites. Unfortunately, the REE sector has a long way to go before it reaches the same level of finesse. For example, just recently, I came across a release claiming that assays from some property returned high values of gold, silver, platinum and other rare earths – and that is coming from a company that is supposed to be advising people on their resource investments.
One of the most common misconceptions is that high TREO numbers equal good ore potential. The problem is that many rock-forming and accessory minerals are capable of incorporating REE, sometimes in significant amounts. Suppose you leave your kids $100,000 in the will – a very round number, right? But what if you have ten kids… or twelve? I have seen a number of carbonatites with overall high TREO values, in which REE are dispersed through a dozen different minerals rather than being concentrated in a single “ore” mineral, and none of those dozen would be abundant enough to get anyone’s adrenaline going. This is what many people do not realize: carbonatites and most alkaline rocks are such unusual beasts that enrichment in REE is actually normal for these rocks.
In some geological settings, more than 50% carbonatites contain >3,000 ppm REE. The catch is to find one with a single REE mineral, which would contain REE at economically viable levels. Secondly, that mineral has to be amenable to processing. For example, over 60% of all proven REE reserves in Russia are “locked” in apatite in the huge alkaline intrusions at Kola, which contains up to 80,000 ppm TREO. However, none of those REE are extracted, even from the Khibiny apatite that is mined and processed for phosphate.
Beyond Kola, there are large deposits of REE-bearing apatite in eastern Siberia, southern Mongolia, South Africa and other places, but technologists are yet to prove that nitric acid leaching of phosphate ore is competitive relative to bastnäsite mining. Then there is eudialyte and several other minerals that may potentially serve as a source of REE, but their economic future is yet uncertain.
What possibilities do you see unfolding in rare earth geological research over the next decade?
First of all, I see some major breakthroughs in our understanding of how and where REE concentrate. With the equipment we have at our disposal these days, we can identify any of the common REE minerals in ten seconds by zapping it with a laser beam, and detect any of the REEs in any sample at the sub-ppm level with a micron-scale resolution. Apart from their obvious practical importance (for resource evaluation, metallurgical studies, etc.), these developments enable us to correlate specific types of REE mineralization with specific rock types, geological processes and tectonic settings more accurately than ever before.
Hopefully, we are going to reach the point soon where our cumulative knowledge could be put together into an integrated model for REE deposits based not only on the type of host rock (which is essentially the extent of our current understanding), but also such parameters as mantle dynamics, tectonic regime, paleogeographic factors, etc. For some deposit types, we are only beginning to unravel the complexities of their origin. Secondly, the recent revival of industrial interest in rare earths has given a boost to field-based research in most parts of the world, which has led to, and will undoubtedly lead to more, exciting finds and, perhaps, even discovery of new deposit types. In Manitoba alone, we have described four new carbonatites in the past decade, three of which host REE mineralization.
Where in the world would you look for rare earths?
Carbonatites and alkaline rocks enriched in REE occur in a variety of tectonic settings, and any of them, provided the right climatic conditions, can develop an REE-enriched weathering carapace. This basically means that a rare-earth deposit can be found literally anywhere on any of the six continents.
There are many other factors at play here which will determine whether it is practical to look for a mineral deposit in this particular corner of the world or another. Let’s say, a fortuitous concatenation of circumstances produces a large carbonatite body in a rift setting with primary monazite, apatite and pyrochlore, which then weathers into a thick lateritic carapace hosting millions of tons of REE- and Nb-rich ore ready to be scooped up. But then circumstances take a turn for the worse and the rift is flooded by sea water. Obviously, several hundred meters of marine sediment deposited on top of our REE-Nb deposit will make it difficult to find and greatly diminish its value.
Then, of course, there are all sorts of political, economic and social factors that might attract or, on the contrary, deter potential investors and entrepreneurs should a commercially viable deposit be found, and have to be carefully thought through beforehand. For all these reasons, I would limit my exploration efforts to the well-exposed parts of North America, including both cratons and younger orogenic belts, as well as understudied investor- and mining-friendly countries with diversified geology, such as Kenya.
What has been the biggest surprise in your study of the REEs?
The greatest surprise of all was that no one has so far attempted to look at the “big picture” of REE transport and concentration, or even systematize the existing knowledge in such a way that some general trends and patterns would emerge. We have a better understanding of where and why different rocks containing leucite form than why some carbonatites are REE-rich while others are barely different from marbles, even though leucitic rocks are not nearly as economically important as carbonatites. But this just means that there is a lot of work to be done, so it was a good surprise.
How do you characterize a carbonatite?
I would like to give you an informal definition of carbonatite, if I may, simply because I have not formed a solid and inclusive scientific definition of my own yet, whereas the one given in the dictionary just does not cut it, in my opinion. Here it goes: Carbonatites are the most mineralogically and geochemically extraordinary rocks of diverse origin and often turning up where you least expect them.
What is the biggest challenge to overcome when looking at REE deposits?
I would say the greatest challenge one has to deal with when looking at a potential REE deposit is tying in microscale observations (things like replacement of one REE mineral by another or chemical variations within a single mineral grain) with large-scale parameters such as resource distribution, grade variations, tectonics, etc. Anyone who has seen a typical REE-mineralized rock will understand what I mean. There are exceptions, of course, but these exceptions are mostly among low-grade deposits which can be easily modeled, like the Lovozero loparite horizons, for example.
It takes a team of professionals with decades of cumulative experience to figure out the micro-macro connections and, ultimately, make the right call. Few other mineral commodities present the same range of mineralogical-technological problems as rare earths. For example, palladium refining is probably every bit as tricky as the extraction of individual lanthanides, but the bulk of palladium mining is restricted to magmatic copper-nickel ores and does not have to deal with problems like radioactive byproducts.
What is the most exciting thing going on in REEs today?
The recent revival of interest in rare-earth mineral deposits offers an unprecedented opportunity to advance our understanding of these deposits and beyond. By “beyond” I mean all the things that do not have any direct implications for exploration, but are important for figuring out how the Earth works.
Knowing what controls the distribution and transport of such an important group of elements as REE opens up all sorts of possibilities for studying any igneous, metamorphic or sedimentary system. For example, we have been looking at ways to discriminate true carbonatites from carbonatite look-alikes and come across some really interesting geochemical observations completely overlooked by metamorphic and sedimentary petrologists before us.
The REE boom is also exciting because it brings us to places that we would otherwise not go, and we bring along new research tools that simply were not available to our predecessors decades ago. I am really fortunate to be part of these ongoing activities, and just wish I had more students to handle the increasing amount of workload!
Have you noticed any increased interest in REEs over the past year?
Yes, I think so. It seems like 2009 was the best year so far in terms of many new companies getting into the game, old properties getting revisited and re-assessed, and new options cropping up, as well. Very few people had heard of Clay Howells or Kutessay before, and now someone will be working on both of these and many others, which is great. It is about time we steal some of the spotlight from PGM and diamonds! Mind you, I am not a business person and therefore cannot comment on how healthy the REE business is at the moment, but my dilettante impression is that it is all going very well.
What advice would you offer to a young geologist who is interested in the rare earths?
The same advice I give to every one of my students: read the literature and follow what other people in this field are doing, and do not limit yourself to technical reports or papers in Economic Geology. Look at papers describing speciation of REE in fluids and chemical variation of specific REE minerals, experimental studies simulating natural systems, explore foreign literature – look at graphs and tables, if you cannot read the language. It can be difficult at first to navigate a maze of technical terms and diagrams, but there is no way all this information can be neatly packaged and spoon-fed to you by your mentor, and most of it is relevant – you just never know when you are going to need it!
New IR firm
News Fit To Print will start rolling
Yea Baby, I need a time out to get more shares.
Thanks AARGUS,
Love that SCAM
1keram,
Can you define scam?
Why do think KATX is a scam?
Do you have proof?
RR next results should be released hopefully in the near future. Jan 21, 2011 was exactly 2 weeks from the Jan 7, 2011 press release. The question is "have the company received the results"?
Also once the company receives the results, how long does it take them to review them before they release a PR. If it doesn't happen sometime this week, the company should provide an update via the infamous "BLOG". If I don't hear anything, then I will email them.
Jackroch,
They probably won't answer you, nor should they. They have a contract with KATX and although you are a shareholder, you have no right to the information from ACTLABS directly. Contacting companies KATX do business with interferes with KATX business (and ACTLABS as well) and may reflect on their relationship with said company. If you want know something call or email the company. They have always answered my emails, although once I had to send one twice and the second one was very firm and demanding. I didn't get the answer I was looking for, however I respected what they said.
RARE METALS in Newfoundland and Labrador
http://www.nr.gov.nl.ca/nr/mines/investments/REE%20FLYER%20Jan%2019%202011.pdf
NEWFOUNDLAND AND LABRADOR EXPLORATION AND DEVELOPMENT HIGHLIGHTS 2010
http://www.nr.gov.nl.ca/nr/mines/exploration/explorationactivity/Exploration%20Highlights%202010%20for%20web.pdf
OVERVIEW
Mineral exploration and development activity in
Newfoundland and Labrador recovered strongly in
2010, following the global downturn beginning in the
fall of 2008. Spending on exploration and deposit
appraisal is projected to increase to about $72 million
in 2010, compared to a five-year low of about $55
million recorded in 2009 (Figure 1). Iron ore and gold
played a prominent role in this activity, reflecting
strong demand and prices for these commodities. A
global resurgence of interest in rare-earth elements and
rare metals was also felt in the Province, as several
companies are evaluating new and historic showings.
A total of 32,197 claims were staked in 2010, a
substantial increase over 2009, and drilling activity was
estimated to increase to about 180,000 m, up from
about 140,000 m in 2009 (Figure 1). Active projects are
highlighted in Figure 2.
The Department of Natural Resources’ Mineral
Incentive Program has a budget of $2.9 million for the
2010/11 fiscal year for cost-shared funding of
approved projects. Funding is allocated to three main
components:
Junior Exploration Assistance $2.2M
Prospectors Assistance 0.4M
Natural Stone Assessment 0.25M
The Government of Newfoundland and Labrador has
initiated a comprehensive review of the Province’s
mining industry with a budget of $235,000 to complete
a Minerals Strategy. The strategy will focus on
expanding exploration and production activity and
creating additional employment opportunities, while
also ensuring environmental protection and the
sustainable development of mineral resources.
A new, online mineral-exploration approval
management system (MEAMS) is in the final stages of
testing, and is expected to be operational in the second
quarter of 2011. The system will allow faster processing
of most permits and approvals for mineral exploration.
As well, MEAMS will be the single on-line application
portal for the majority of permits required for
exploration.
Kat Exploration Inc. conducted trenching and drilling
at its Hand Camp gold property in central
Newfoundland. Highlights include a drill intersection
of 6.3 g/t gold and 111.6 g/t silver over 1.9 m.
Newfoundland and Labrador is geologically diverse
and is richly endowed with a wide spectrum of
minerals, including iron ore, base and precious
metals, uranium, tungsten, molybdenum, antimony,
rare earths and industrial minerals. In addition to a
stable political climate and a secure mineral tenure
system, it boasts a strong resource-based economy
and a multi-billion dollar mineral industry.
Yet it remains relatively under-explored
compared with other mineral-rich jurisdictions, thus
creating a unique opportunity for mineral resource
investment and new mineral finds. This is illustrated
by the discovery of the world-class Voisey’s Bay
nickel-copper-cobalt deposit on surface in 1993,
during reconnaissance helicopter prospecting.
NEWFOUNDLAND
The Island of Newfoundland comprises the
northeastern extremity of the Appalachian Orogen
and has a much shorter geological history than
Labrador, yet is marked by a similarly diverse array of
mineral deposits. It is underlain dominantly by rocks
less than 1,000 million years old. Its geology
developed from the collision of two contrasting Late
Proterozoic to Early Paleozoic continental blocks,
preserved in eastern and western Newfoundland, and
the resulting entrapment of ancient ocean crust and
island arcs. These vestiges of the ancient Iapetus
Ocean are well preserved in the central part of the
island.
Many of the most significant base and precious
metal deposits are located in this same central region.
Climactic orogenesis related to Siluro-Devonian
collision of opposing continents resulted in orogenwide
magmatism and deformation, accompanied by
precious metal and granophile mineralization formed
at widely contrasting crustal levels.
The geology of Newfoundland is best described in
terms of four major zones, each with unique pre-mid-
Paleozoic tectonic and metallogenic histories. They
are, from west to east: the Humber, Dunnage, Gander
and Avalon zones.
The Humber Zone comprises Grenville-age
basement rocks overlain by Cambro-Ordovician shelffacies
carbonate and clastic sedimentary rocks. The
zone represents the rifted margin of ancient North
America and the continental shelf that developed
along its eastern margin. This rifting produced a
complex series of Cambro-Ordovician marginal
oceanic basins, locally preserved as ophiolite obducted
onto the platform. Mississippi Valley-type (MVT) zinc
deposits formed in the platformal carbonate rocks,
whereas Cyprus-type VMS deposits formed in the
ophiolite suites. Platformal rocks also have significant
hydrocarbon potential.
The Dunnage Zone records the development of
Cambrian to mid-Ordovician crust of the ancient
Iapetus Ocean, including extensive volcanic arc, backarc
and associated marine sedimentary successions.
The volcanic rocks are characterised by copper-gold
VMS deposits, such as Rambler, and polymetallic zincand
copper-rich VMS deposits, including Duck Pond
and the world-class orebodies of the Buchans camp.
The Gander Zone is a thick sequence of early
Ordovician poly-deformed, quartz-rich marine clastic sediments that grade eastward into psammitic schist, gneiss and migmatite,
intruded by megacrystic and two-mica granites. It is in structural contact with the Dunnage Zone to the west and occurs as
windows within that zone. It represents a continental prism of sediment developed on the southeastern margin of the Iapetus
Ocean.
The Avalon Zone, which lies east of the Gander Zone and in tectonic contact with it, records complex Late Proterozoic magmatic arc development, characterised by well preserved, high- and low-sulphidation gold deposits. Thick and extensive Late Proterozoic redbed basins contain reduced beds with stratiform, sediment-hosted copper (SSC) mineralisation. Cambro-Ordovician platformal sedimentary cover rocks are host to manganese deposits and Clinton-type iron formations. The Avalon Zone is a Pan-African
terrane that formed the southeastern margin of the Iapetus Ocean. The Avalon Zone extends easterly in the offshore to the edge
of the present continental margin as Precambrian basement to the Mesozoic oilfields of the Grand Banks. Closure of the Iapetus Ocean and resultant collision led to widespread magmatism and
deformation throughout much of Newfoundland. Deformation is associated with orogenic-style gold mineralisation, while granophile mineralisation (tungsten, molybdenum, antimony, fluorine and uranium) is associated with high-level granite plutons formed at this time. Carboniferous age extensional
red-bed basins contain uranium, evaporites, base metals and hydrocarbons.
http://www.nr.gov.nl.ca/nr/mines/investments/nl_supplement.pdf
Thanks for the tip. Your sharing of information has been greatly appreciated. I'm looking forward to the dredges in full operation.
Jackroch,
A one point the plan was to put all GOLD properties under KATG(BVIG) and all other properties under KATX. KATX will at some point in time uplist. There was a chart on KAT Exploration website. I don't know if it is still there. I believe these plans are going to be adjusted somewhat.
Regardless of what anyone thinks of management, one thing and one thing only will drive the the share price of KATX. What is in the ground PERIOD. Anyone can sit here and play Monday morning quarterback, however when all is said and done what is in the ground will drive the stock price whether it is up or down. Thus far we haven't hit pay-dirt yet and may never as this is one of the worst investment one can make.
The chance of KATX finding something significant is slim to none.
That is just the nature of the exploration business. The stock price fluctuations means nothing.
If KATX discovers a mineral resource then we will make money and if they don't we won't make money.
They have numerous properties to drill and assay, so it will be awhile a long while before the jury comes in.
Yes, we have had less than desirable results, however it takes time to plan, drill and follow-up on our properties. Sure we want a home-run each and every time and that just not going to happen. However if we get just one home-run or even a significant "HIT" things could change overnight for KATX.
The fact of the matter is.....
Each investor made their decision to buy, sell or hold.
Exploration companies are risky business:
Exploration is risky business. Buying exploration stocks is tantamount to gambling, and there are two safe bets when it comes to any exploration company. One: it will spend the money it has and two: it is highly unlikely that it will make a discovery.
Seven reasons for gold to hit $1700 or higher this year
http://www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=118399&sn=Detail&pid=102055
NEW YORK -
Gold's steep ascent continued in 2010, finishing the year in New York at $1,420.75. Though just shy of its all-time high of $1,432.50 registered on December 7th, gold nevertheless advanced some 29.5 percent from the prior year's close and scored its tenth consecutive annual increase.
Despite a rocky start - with prices dipping briefly under $1,360 an ounce on January 7th - 2011 promises to be another stellar year as the metal's bullish price drivers continue at full throttle.
I expect the price will very likely rise to the $1,700 level by year-end 2011. This would be a "modest" gain of "only" 19 percent from last year's closing price. And, with the right confluence of events, gold could quite possibly rise to $1,850 or higher by next New Year's Eve.
Over time and across currencies, bull markets in precious metals often last twenty years or more - so we should not be surprised to see the current decade-long advance continue for at least a few more years.
Indeed, I strongly believe gold will surpass $2,000 an ounce in the next few years . . . and I wouldn't be at all surprised to see gold reach $3,000 or higher at the next cyclical peak.
Gold prices are likely to remain volatile, registering big short-term swings both up and down. Although sizable intermittent price declines will lead some to question the bull market's staying power, the long-term trend, as noted above, will remain positive for years to come.
PHYSICAL DEMAND REMAINS FIRM
As we begin the New Year, physical demand in key world gold markets - especially China, India, and other Southeast Asian trading centers - has remained remarkably firm despite the record price levels prevailing in recent weeks.
In the past few years, each time gold prices reached for the big round numbers - $900, $1000, $1100, $1200, and $1300 - buying interest diminished and a return flow of price-sensitive old scrap weighed heavily on the market. But now, even with prices once again at or near all-time highs, physical demand remains remarkably strong and only limited quantities of old scrap are coming back to the market.
This suggests not only a continuing price appreciation and revaluation of gold - but also a mental re-evaluation and upward shift in expectations among many gold-market participants about the metal's future price.
If physical buying remains fairly firm - as I believe it will - we can expect that gold will soon advance to new all-time highs.
BULLISH PRICE DRIVERS
In brief, here are the seven fundamental reasons why gold's long-term outlook is rosy:
Number One: Inflation-producing U.S. monetary policies, irrational U.S. fiscal policies, little if any progress reversing growth in Federal debt, and a depreciating dollar overseas all promise rising inflation at home. Higher industrial and agricultural prices around the world and across currencies are a harbinger of things to come.
Number Two: No quick or easy solution to the Eurozone sovereign risk crisis, a widening economic schism across the continent, and possibly the demise of Europe's common currency, the euro, as it exists today.
Number Three: China's already huge and growing appetite for gold - both jewelry and investment - will continue in tandem with economic growth, rising personal incomes, worrisome inflation expectations, and pro-gold government policies.
Number Four: Rising long-term gold demand from India and other traditional Asian gold markets reflecting (as in China) growth in personal incomes and wealth, the maturation of local markets, and introduction of new gold investment vehicles and distribution channels.
Number Five: Increasing central-bank interest in gold will continue to underpin the market as countries (such as China and Russia) over weighted in U.S. dollar and euro currency reserves and under weighted in gold play catch-up - and as both the dollar and the euro continue to lose their appeal as official reserve assets.
Number Six: The continuing reevaluation of gold as a legitimate investment class is prompting greater participation from both retail and institutional investors in the United States and Europe, coupled with new products and channels of distribution (especially the growing popularity of gold exchange-traded funds) will continue to make gold more convenient, more attractive, and more accessible to more investors around the world.
Number Seven: Little or no growth of aggregate world gold-mine production for at least the next five years - with gold-mining nations absorbing more of their own production to meet domestic demand for jewelry, investment, and additions to central bank reserves.
Jeffrey Nichols is Managing Director of American Precious Metals Advisors and Senior Economic Advisor to Rosland Capital. The above article is abstracted from Nichols' blog. To read the full article click on - www.nicholsongold.com
B402,
I agree,
I don't like paid promotions. A company should stand on its' on merit.
We don't have anything to promote until we make a discovery.
Did KATX pay for these promotions?
What is KATX? Where is KATX going?
I can't emphasize enough that this is a high risk investment
and the only thing that matters is what is in the ground. The chance of KATX finding something significant is slim to none.
That is just the nature of the exploration business. The stock price fluctuations means nothing.
If KATX discovers a mineral resource then we will make money and if they don't we won't make money.
They have numerous properties to drill and assay, so it will be awhile a long while before the jury comes in.
Yes, we have had less than desirable results, however it takes time to plan, drill and follow-up on our properties. Sure we want a home-run each and every time and that just not going to happen. However if we get just one home-run or even a significant "HIT" things could change overnight for KATX.
The fact of the matter is.....
Each investor made their decision to buy, sell or hold.
Exploration companies are risky business:
Exploration is risky business. Buying exploration stocks is tantamount to gambling, and there are two safe bets when it comes to any exploration company. One: it will spend the money it has and two: it is highly unlikely that it will make a discovery.
Some facts for KATX are:
Nobody knows for sure if this is going up or down on any given day
(Whether is sub-penny or to-da-moon)
If they say they do they are a liar or "GOD" you choose
It is an long-term(as defined by each individual investor) investment for some, a flip for others and for some both
It is one of the most risky and worst investment one can make regardless of the management team because if they don't discover minerals there is no money to be made
Nobody knows what else will be discovery at RR until the assays are done regardless of what else has been released thus far
It may be one of the most rewarding investment one has ever made if the right discovery is found
People have nit-picked, analyzed, criticized, valuated, instigated, Proselytized and at the end of the day the only thing that matters is What is in the GROUND
Good PR,
Interesting they didn't say anything about hole one.
As Gomer Pyle would say Surprise, Surprise, Surprise
Here are the dates for the past year
KAT EXPL INC ( KATX )daily prices from 01/05/2010 through 01/04/2011
Date Volume High Low Open Close
01/05/10 1.31 M 0.02 0.017 0.018 0.0172
01/06/10 4.47 M 0.02 0.0165 0.02 0.0185
01/07/10 2.92 M 0.02 0.0175 0.0185 0.0195
01/08/10 3.26 M 0.022 0.0185 0.0199 0.0194
01/11/10 2.81 M 0.022 0.019 0.022 0.02
01/12/10 1.97 M 0.022 0.02 0.02 0.022
01/13/10 13.40 M 0.0299 0.022 0.022 0.0236
01/14/10 22.37 M 0.0405 0.022 0.025 0.0405
01/15/10 27.91 M 0.063 0.042 0.046 0.055
01/19/10 19.54 M 0.059 0.043 0.059 0.0515
01/20/10 7.88 M 0.06 0.045 0.06 0.0511
01/21/10 15.43 M 0.079 0.05 0.05 0.077
01/22/10 12.78 M 0.09 0.072 0.085 0.086
01/25/10 7.61 M 0.093 0.081 0.0925 0.083
01/26/10 9.88 M 0.083 0.066 0.083 0.0665
01/27/10 12.05 M 0.085 0.0495 0.0611 0.075
01/28/10 3.03 M 0.079 0.07 0.077 0.0745
01/29/10 4.58 M 0.075 0.065 0.075 0.068
02/01/10 7.54 M 0.0835 0.067 0.067 0.0675
02/02/10 2.88 M 0.073 0.06 0.063 0.066
02/03/10 1.88 M 0.071 0.062 0.071 0.063
02/04/10 1.80 M 0.07 0.0622 0.065 0.0675
02/05/10 2.06 M 0.07 0.063 0.07 0.066
02/08/10 2.49 M 0.069 0.056 0.069 0.062
02/09/10 5.65 M 0.065 0.0465 0.065 0.053
02/10/10 2.06 M 0.054 0.048 0.049 0.051
02/11/10 3.59 M 0.055 0.0491 0.053 0.0505
02/12/10 3.75 M 0.053 0.049 0.0505 0.051
02/16/10 6.36 M 0.062 0.051 0.052 0.059
02/17/10 4.26 M 0.065 0.052 0.061 0.055
02/18/10 2.07 M 0.054 0.05 0.054 0.0535
02/19/10 2.54 M 0.0535 0.049 0.0535 0.0525
02/22/10 2.77 M 0.063 0.052 0.0525 0.056
02/23/10 3.27 M 0.061 0.054 0.06 0.06
02/24/10 2.56 M 0.062 0.057 0.0615 0.061
02/25/10 1.38 M 0.061 0.058 0.061 0.059
02/26/10 1.41 M 0.06 0.056 0.059 0.056
03/01/10 5.51 M 0.068 0.058 0.0565 0.06
03/02/10 1.91 M 0.062 0.057 0.058 0.06
03/03/10 2.89 M 0.063 0.0545 0.062 0.056
03/04/10 1.69 M 0.06 0.0555 0.0555 0.059
03/05/10 4.56 M 0.062 0.057 0.059 0.059
03/08/10 2.82 M 0.059 0.055 0.059 0.056
03/09/10 3.03 M 0.058 0.049 0.058 0.053
03/10/10 1.08 M 0.057 0.051 0.057 0.052
03/11/10 1.33 M 0.057 0.0511 0.0525 0.057
03/12/10 3.30 M 0.054 0.049 0.0495 0.052
03/15/10 3.15 M 0.06 0.0521 0.0521 0.055
03/16/10 1.54 M 0.059 0.052 0.055 0.054
03/17/10 846,103 0.06 0.052 0.06 0.055
03/18/10 1.97 M 0.058 0.0521 0.0569 0.052
03/19/10 1.26 M 0.0535 0.051 0.0525 0.052
03/22/10 2.82 M 0.057 0.0525 0.0525 0.055
03/23/10 2.90 M 0.059 0.055 0.055 0.056
03/24/10 2.47 M 0.058 0.0545 0.056 0.055
03/25/10 1.86 M 0.055 0.053 0.055 0.053
03/26/10 2.35 M 0.056 0.054 0.056 0.056
03/29/10 1.89 M 0.056 0.055 0.056 0.056
03/30/10 7.88 M 0.068 0.0555 0.056 0.067
03/31/10 14.27 M 0.086 0.0665 0.067 0.078
04/01/10 8.52 M 0.092 0.075 0.085 0.078
04/05/10 6.19 M 0.08 0.07 0.08 0.074
04/06/10 3.55 M 0.077 0.065 0.077 0.065
04/07/10 2.91 M 0.068 0.06 0.068 0.064
04/08/10 3.84 M 0.067 0.06 0.0655 0.064
04/09/10 1.89 M 0.063 0.06 0.062 0.061
04/12/10 2.21 M 0.0629 0.06 0.061 0.06
04/13/10 3.08 M 0.065 0.056 0.061 0.06
04/14/10 1.36 M 0.065 0.0579 0.06 0.062
04/15/10 1.14 M 0.064 0.058 0.063 0.059
04/16/10 1.31 M 0.063 0.058 0.06 0.06
04/19/10 1.83 M 0.06 0.055 0.06 0.055
04/20/10 2.19 M 0.0645 0.055 0.06 0.062
04/21/10 962,091 0.065 0.059 0.061 0.061
04/22/10 1.07 M 0.061 0.06 0.061 0.06
04/23/10 4.22 M 0.063 0.0562 0.063 0.057
04/26/10 2.09 M 0.062 0.059 0.0598 0.06
04/27/10 648,454 0.062 0.058 0.058 0.061
04/28/10 913,626 0.063 0.0588 0.063 0.059
04/29/10 2.19 M 0.061 0.058 0.061 0.06
04/30/10 3.95 M 0.062 0.06 0.06 0.061
05/03/10 5.86 M 0.082 0.062 0.064 0.074
05/04/10 4.48 M 0.085 0.076 0.079 0.083
05/05/10 3.89 M 0.085 0.065 0.0834 0.082
05/06/10 1.95 M 0.082 0.072 0.08 0.079
05/07/10 1.58 M 0.079 0.072 0.075 0.078
05/10/10 2.12 M 0.084 0.076 0.084 0.08
05/11/10 11.03 M 0.11 0.08 0.08 0.108
05/12/10 6.32 M 0.108 0.092 0.107 0.093
05/13/10 2.55 M 0.10 0.092 0.10 0.097
05/14/10 8.34 M 0.1298 0.102 0.105 0.128
05/17/10 7.92 M 0.145 0.1101 0.114 0.139
05/18/10 9.40 M 0.178 0.142 0.145 0.177
05/19/10 15.17 M 0.24 0.185 0.20 0.196
05/20/10 9.09 M 0.21 0.159 0.195 0.192
05/21/10 6.06 M 0.235 0.175 0.178 0.229
05/24/10 7.33 M 0.25 0.19 0.201 0.214
05/25/10 4.64 M 0.24 0.19 0.23 0.215
05/26/10 6.26 M 0.252 0.22 0.22 0.238
05/27/10 3.36 M 0.248 0.23 0.24 0.242
05/28/10 2.96 M 0.249 0.2231 0.244 0.239
06/01/10 8.05 M 0.245 0.18 0.245 0.21
06/02/10 6.66 M 0.215 0.161 0.21 0.172
06/03/10 3.03 M 0.189 0.161 0.161 0.184
06/04/10 1.14 M 0.185 0.175 0.185 0.185
06/07/10 4.11 M 0.2259 0.20 0.21 0.226
06/08/10 2.99 M 0.232 0.202 0.231 0.22
06/09/10 2.56 M 0.2275 0.15 0.22 0.21
06/10/10 1.39 M 0.21 0.19 0.21 0.20
06/11/10 6.85 M 0.20 0.165 0.20 0.19
06/14/10 19.98 M 0.185 0.119 0.185 0.136
06/15/10 9.10 M 0.135 0.119 0.13 0.12
06/16/10 7.38 M 0.145 0.12 0.123 0.128
06/17/10 2.89 M 0.13 0.111 0.13 0.125
06/18/10 6.36 M 0.18 0.121 0.121 0.168
06/21/10 3.41 M 0.19 0.171 0.171 0.189
06/22/10 4.80 M 0.198 0.151 0.165 0.18
06/23/10 1.60 M 0.185 0.167 0.18 0.178
06/24/10 1.61 M 0.184 0.17 0.18 0.173
06/25/10 2.19 M 0.195 0.1725 0.175 0.192
06/28/10 2.80 M 0.20 0.171 0.19 0.181
06/29/10 2.28 M 0.184 0.172 0.18 0.184
06/30/10 2.18 M 0.185 0.165 0.18 0.172
07/01/10 4.08 M 0.175 0.15 0.17 0.155
07/02/10 2.32 M 0.16 0.145 0.155 0.16
07/06/10 7.74 M 0.195 0.152 0.165 0.195
07/07/10 3.61 M 0.198 0.18 0.195 0.181
07/08/10 1.08 M 0.19 0.181 0.181 0.188
07/09/10 1.88 M 0.19 0.183 0.19 0.188
07/12/10 2.31 M 0.195 0.18 0.189 0.185
07/13/10 2.00 M 0.1889 0.175 0.1889 0.176
07/14/10 1.22 M 0.188 0.176 0.18 0.176
07/15/10 2.15 M 0.183 0.161 0.183 0.17
07/16/10 1.40 M 0.175 0.165 0.17 0.175
07/19/10 3.19 M 0.175 0.135 0.16 0.14
07/20/10 1.00 M 0.15 0.137 0.14 0.14
07/21/10 1.35 M 0.15 0.132 0.144 0.138
07/22/10 2.23 M 0.15 0.1319 0.138 0.132
07/23/10 2.04 M 0.139 0.114 0.13 0.12
07/26/10 721,527 0.132 0.12 0.13 0.13
07/27/10 1.37 M 0.148 0.12 0.13 0.125
07/28/10 545,740 0.135 0.125 0.135 0.13
07/29/10 449,846 0.132 0.1255 0.132 0.129
07/30/10 483,870 0.13 0.1255 0.13 0.127
08/02/10 1.00 M 0.145 0.125 0.125 0.14
08/03/10 1.89 M 0.152 0.14 0.1444 0.152
08/04/10 1.93 M 0.179 0.15 0.155 0.17
08/05/10 683,789 0.17 0.15 0.17 0.158
08/06/10 1.42 M 0.165 0.142 0.16 0.165
08/09/10 1.51 M 0.17 0.14 0.17 0.158
08/10/10 784,893 0.1601 0.146 0.158 0.155
08/11/10 617,555 0.16 0.15 0.15 0.153
08/12/10 630,109 0.155 0.14 0.155 0.15
08/13/10 304,533 0.15 0.14 0.15 0.145
08/16/10 732,672 0.145 0.13 0.145 0.135
08/17/10 2.51 M 0.14 0.121 0.134 0.123
08/18/10 937,834 0.135 0.122 0.13 0.128
08/19/10 1.97 M 0.14 0.112 0.14 0.125
08/20/10 1.47 M 0.13 0.11 0.115 0.112
08/23/10 2.90 M 0.12 0.105 0.115 0.11
08/24/10 1.99 M 0.1345 0.115 0.12 0.115
08/25/10 3.65 M 0.15 0.115 0.119 0.147
08/26/10 2.61 M 0.155 0.1235 0.149 0.124
08/27/10 1.41 M 0.125 0.11 0.123 0.121
08/30/10 5.09 M 0.119 0.096 0.115 0.098
08/31/10 8.99 M 0.10 0.0713 0.0965 0.09
09/01/10 5.55 M 0.115 0.08 0.09 0.081
09/02/10 1.88 M 0.09 0.0761 0.081 0.085
09/03/10 1.33 M 0.095 0.081 0.095 0.085
09/07/10 1.12 M 0.095 0.084 0.095 0.084
09/08/10 1.69 M 0.09 0.081 0.09 0.085
09/09/10 1.17 M 0.085 0.077 0.085 0.082
09/10/10 899,277 0.085 0.08 0.082 0.083
09/13/10 1.59 M 0.084 0.077 0.0825 0.08
09/14/10 776,736 0.0829 0.0776 0.0829 0.081
09/15/10 870,641 0.082 0.078 0.082 0.081
09/16/10 767,389 0.085 0.078 0.0795 0.083
09/17/10 2.11 M 0.088 0.08 0.0815 0.086
09/20/10 1.19 M 0.088 0.081 0.086 0.087
09/21/10 672,817 0.088 0.085 0.088 0.087
09/22/10 1.72 M 0.09 0.08 0.087 0.086
09/23/10 1.42 M 0.085 0.0776 0.085 0.078
09/24/10 841,706 0.083 0.0777 0.08 0.083
09/27/10 914,290 0.0829 0.078 0.0829 0.078
09/28/10 463,453 0.081 0.078 0.08 0.08
09/29/10 859,610 0.085 0.0777 0.081 0.08
09/30/10 390,559 0.0814 0.078 0.0814 0.08
10/01/10 775,623 0.084 0.0775 0.084 0.08
10/04/10 354,678 0.081 0.078 0.08 0.08
10/05/10 1.29 M 0.08 0.0755 0.077 0.08
10/06/10 1.90 M 0.083 0.07 0.081 0.07
10/07/10 1.22 M 0.079 0.0701 0.076 0.073
10/08/10 874,594 0.079 0.073 0.075 0.079
10/11/10 1.28 M 0.0789 0.0701 0.0733 0.073
10/12/10 2.00 M 0.072 0.0648 0.071 0.068
10/13/10 1.51 M 0.08 0.065 0.065 0.079
10/14/10 399,038 0.079 0.072 0.079 0.078
10/15/10 671,314 0.079 0.074 0.0785 0.077
10/18/10 349,309 0.08 0.07 0.08 0.079
10/19/10 517,327 0.079 0.069 0.0789 0.072
10/20/10 409,105 0.0777 0.068 0.073 0.07
10/21/10 429,811 0.0777 0.068 0.07 0.075
10/22/10 1.04 M 0.078 0.07 0.078 0.074
10/25/10 648,039 0.075 0.07 0.07 0.075
10/26/10 858,435 0.0777 0.067 0.0775 0.074
10/27/10 1.42 M 0.0776 0.07 0.075 0.071
10/28/10 851,909 0.074 0.069 0.071 0.072
10/29/10 305,065 0.076 0.07 0.076 0.072
11/01/10 2.11 M 0.0749 0.06 0.0749 0.061
11/02/10 2.41 M 0.067 0.0608 0.0608 0.067
11/03/10 1.09 M 0.068 0.0608 0.068 0.061
11/04/10 3.03 M 0.0755 0.06 0.0609 0.074
11/05/10 3.56 M 0.085 0.074 0.074 0.078
11/08/10 1.60 M 0.0874 0.077 0.077 0.082
11/09/10 1.30 M 0.085 0.073 0.08 0.076
11/10/10 833,312 0.0799 0.0701 0.0789 0.075
11/11/10 718,175 0.0745 0.066 0.0745 0.068
11/12/10 623,848 0.08 0.0668 0.0668 0.068
11/15/10 1.76 M 0.089 0.069 0.08 0.07
11/16/10 1.17 M 0.0795 0.065 0.0795 0.07
11/17/10 420,393 0.073 0.066 0.071 0.07
11/18/10 1.55 M 0.073 0.065 0.073 0.069
11/19/10 757,388 0.069 0.065 0.066 0.065
11/22/10 1.01 M 0.072 0.06 0.061 0.07
11/23/10 789,773 0.073 0.065 0.065 0.073
11/24/10 502,322 0.0744 0.066 0.0729 0.068
11/26/10 184,393 0.07 0.066 0.067 0.068
11/29/10 1.51 M 0.077 0.072 0.0765 0.076
11/30/10 2.23 M 0.09 0.076 0.077 0.087
12/01/10 3.29 M 0.096 0.08 0.086 0.083
12/02/10 1.35 M 0.089 0.074 0.085 0.08
12/03/10 1.20 M 0.084 0.0795 0.084 0.081
12/06/10 2.12 M 0.08 0.0721 0.08 0.073
12/07/10 3.00 M 0.077 0.065 0.074 0.07
12/08/10 6.16 M 0.07 0.06 0.065 0.065
12/09/10 1.23 M 0.071 0.06 0.071 0.065
12/10/10 3.88 M 0.07 0.061 0.065 0.066
12/13/10 1.68 M 0.068 0.061 0.061 0.063
12/14/10 2.12 M 0.0675 0.061 0.064 0.067
12/15/10 1.23 M 0.0678 0.0601 0.0678 0.06
12/16/10 916,386 0.065 0.057 0.0624 0.0625
12/17/10 1.54 M 0.0657 0.0597 0.0625 0.062
12/20/10 3.73 M 0.0675 0.061 0.064 0.0625
12/21/10 2.77 M 0.065 0.056 0.065 0.057
12/22/10 3.68 M 0.068 0.05 0.06 0.055
12/23/10 37.38 M 0.0629 0.0255 0.06 0.028
12/27/10 13.81 M 0.0379 0.0292 0.0294 0.034
12/28/10 8.68 M 0.037 0.0295 0.0359 0.031
12/29/10 12.76 M 0.033 0.0236 0.033 0.024
12/30/10 11.00 M 0.034 0.0239 0.0259 0.032
12/31/10 7.83 M 0.04 0.03 0.031 0.039
01/03/11 2.97 M 0.044 0.038 0.039 0.041
KATX/KATG 2010 HIGHLIGHTS
These are Press Releases from 2010. Just the facts good, bad or otherwise.
What I am waiting to find out and hope to see in the near term is the share distribution and the reason why Ken Stead is touting that we have the best law firm in the world. There must be a good reason for it and time will tell.
Date :01/06/2010 @ 10:33AM
Over the next couple of weeks, news will be made available to the public with regards to the company's funding efforts and latest results from recent work on the "Handcamp" gold property.
The Board of Directors is very pleased with recent events and feels that 2010 will be a very successful year for the company.
Date :01/14/2010 @ 12:10PM
Kat Exploration Inc. (PINKSHEETS: KATX) (www.katexploration.com) would like to inform its investors that it has retired and eliminated 2,000,000,000 shares from its treasury of authorized shares which was originally 3,030,000,000 shares. The new amount of authorized shares is 1,030,000,000 shares. The company's final share structure will be updated on pinksheets.com.
Date :01/15/2010 @ 10:30AM
Kat Exploration Secures up to $5 Million Funding With 50 Million Restricted Shares and Retires REG-D 504.
Date :01/19/2010 @ 9:15AM
KAT Exploration Retires Additional 300 Million Shares, Engages New Consulting Group, Dual Listing and Carbon Credit Assets.
Date :01/25/2010 @ 9:44AM
KAT Exploration -- Handcamp Soil Samples Submitted for Analysis.
Date :01/27/2010 @ 10:00AM
Kat Exploration Reports Additional Copper Find on Its "Lucky" Property.
Date :02/01/2010 @ 9:50AM
KAT Exploration Receives Very Exciting Gold Results From Handcamp Soil Samples.
Date :02/08/2010 @ 10:42AM
KAT Exploration Secures Large Land Packages Around Its Handcamp and Twi-lite Properties.
Date :03/01/2010 @ 9:55AM
KAT Exploration Discovers up to 5840 PPB of Gold in Soil Samples and 31.4 g/t Au in Outcrop at Handcamp Gold Property.
Date :03/17/2010 @ 9:50AM.
KAT Exploration-Stakes Large Land Package Over Copper Discoveries.
Date :06/08/2010 @ 10:00AM
KAT Exploration, Inc. Distributes 1 to 4 OTCBB Shares of BVIG.OB and Provides Update on Handcamp Drill Project for NI 43-101 Pre.
Date : 06/11/2010 @ 10:00AM
KAT Exploration Signs Three-Year Option Agreement Contract With Vale.
Date :06/16/2010 @ 9:50AM
KAT Exploration Initiates Drilling Program on Rusty Ridge IOCG Property.
Date :06/25/2010 @ 9:54AM
KAT Exploration, Inc. Announces Record Date for OTCBB Share Distribution of Bella Viaggio, Inc. to Shareholders.
Date :07/19/2010 @ 9:54AM
KAT Exploration Inc. Announces Option Agreement to Purchase 100% of the "Cabot" Copper/Gold Properties.
Date :08/25/2010 @ 2:04PM
KAT Exploration, Inc. and Bella Viaggio, Inc. Handcamp Drilling Intersects Very Encouraging Gold Mineralization at Shallow Depth.
Date :10/06/2010 @ 9:45AM
KAT Exploration, Inc. to Commence Drilling on Rusty Ridge Iron Oxide Copper Gold Property.
Date :11/22/2010 @ 1:45PM
KAT Exploration, Inc. Rusty Ridge Drilling Now Complete.
Date : 12/23/2010 @ 9:45AM
KAT Exploration Inc. Drills Rare Earth Elements (REE's) at Rusty Ridge
gump90
Do you have a link to the Thundermin HALT?
Thanks in Advance and Happy New Year!
How Speed Traders Are Changing Wall Street:
http://www.cbsnews.com/stories/2010/10/07/60minutes/main6936075.shtml?tag=contentMain;cbsCarousel
Steve Kroft gets a rare look inside the secretive world of “high-frequency trading,” a controversial technique the SEC is scrutinizing in which computers can make thousands of stock trades in less than a second.
It may surprise you to learn that most of the stock trades in the U.S. are no longer being made by human beings, but by robot computers capable of buying and selling thousands of different securities in the time it takes you to blink an eye.
These supercomputers – which actually decide which stocks to buy and sell – are operating on highly secret instructions programmed into them by math wizards who may or may not know anything about the value of the companies that are being traded.
It’s known as “high frequency trading,” a phenomenon that’s swept over much of Wall Street in the past few years and played a supporting role in the mini market crash last spring that saw the Dow Jones Industrial Average plunge 600 points in 15 minutes.
Most people outside of the industry know very little, if anything, about it. But the Securities and Exchange Commission and members of Congress have begun asking some tough questions about its usefulness, potential dangers, and suspicions that some people may be using computers to manipulate the market.
FULL STORY:
http://www.rogerknecht.com/2010/10/11/how-speed-traders-are-changing-wall-street/
CANADIAN MINING PERSPECTIVE: Deals underscore Chinese interest in Canada
http://www.canadianminingjournal.com/issues/story.aspx?aid=1000366661
TEXT SIZE bigger text smaller text
By: Marilyn Scales
Not so long ago, say 10 years, the Chinese were thought of as a poor, insular nation, mysterious and of a peculiar political stripe. Now we must lay aside those notions and recognize that China is an economic powerhouse. Whatever remains of "communism" in that country is proving to have very capitalistic talents. Hence, the many foreign investments made in the last two years while the rest of the world suffered economic meltdown.
Here are a few of the investments made by Chinese investors outside that country in the past two years:
? Aluminum Corp. of China (Chinalco) attempted to invest US$19.5 billion in Rio Tinto.
? China Minmetals made a A$2.6 billion bid for Australian miner Oz Minerals.
? China Mining United Fund bought into Canadian juniors including Allana Resources, Klondex Mines and Murgor Resources.
? China Nonferrous Metals Exploration purchased a 15% stake in Murgor.
? Jilien Jien Nickel Industry invested $30 million in Liberty Mines and became a joint venture partner with Goldbrook Ventures.
The aim of these investments is to secure a source of base metals - copper, nickel, zinc - for Chinese industry. And the Chinese remain on target with the $150 million offer made by Jinchuan Group for Toronto-based Crowflight Minerals and its producing Bucko Lake nickel mine in Manitoba.
Jinchuan proposes to acquire all of Crowflight's outstanding common shares for approximately $0.26 per share or a total of $150 million. The offer represents a premium of 47.3% to the closing price on April 2, 2010, and a 56.8% premium to the 20-day volume-weighted average trading price.
Jinchuan is an integrated nickel producer whose flagship property is the Jinchuan nickel-copper mine in northern China. The company says it is the fourth largest nickel producer and second largest cobalt producer in the world.
It is no secret that Jinchuan intends to secure for itself all of the nickel concentrate that the 1,000-t/d Bucko mill can produce. Crowflight declared commercial production in June 2009, but was forced to suspend mining last November in favour of an accelerated development program. Concentrate shipments were resumed on March 22, 2010. Crowflight currently has an off take agreement to treat its concentrates at Xstrata Nickel's smelter near Sudbury, ON. Obtaining the off take agreement and a positive due diligence study are necessary conditions of Jinchuan's offer. Crowflight shareholders must also approve the deal.
More than the output of a modest nickel mine and mill in the middle of the country figure into the Chinese company's strategy. Jinchuan certainly must have its eye on Crowflight's less advanced projects. The Canadian company holds the Bowden Lake deposit, M11A and Apex zone projects, also in the southern portion of the Thompson Nickel Belt. It also has property in the northern part of the Belt. Crowflight also has three properties - AER Kidd, Peter's Roost and Airport - in the Sudbury Basin.
Obviously, Jinchuan is buying into Crowflight's potential, and with deep pockets a new Chinese owner could move several of them toward production. In retrospect, an investment of $150 million in a mine and half a dozen potential mines may look like a bargain.
snow,
What Ken said in a Rusty Ridge PR:
http://www.katexploration.com/PressReleases/Press%20Release%20Rusty%20Ridge%20Property.pdf
President and CEO Ken Stead stated “This project will be very significant for the growth of the company if the defined targets at depth prove to be a multi-mineral ore body similar to that of the Olympic Dam, or any deposit for that matter. We know the targets are very intense and now we are ready to prove what they are by means of a series of deep drill holes”.
Snow,
Who said this is supposed to be another Olympic Dam?
gump90
There were 2 mentioning of REEs in a Rusty Ridge PR.
http://www.katexploration.com/PressReleases/Press%20Release%20Rusty%20Ridge%20Property.pdf
The coincidental magnetic IP resistivity and soil geochemical anomalies suggests potential for a body of Iron Oxide +/- Base, Precious and Rare Earth Element type mineralization, similar in style and settings to the giant Olympic Dam deposit in Australia.
Anomalous levels of the Light Rare Earth Elements (LREE) cerium and lanthanum, all present in Olympic Dam were not only detected in soils but also in rock samples as well in our Rusty Ridge property. In addition, the soil geochemistry also produced anomalies in silver, gold & copper.
President and CEO Ken Stead stated “This project will be very significant for the growth of the company if the defined targets at depth prove to be a multi-mineral ore body similar to that of the Olympic Dam, or any deposit for that matter. We know the targets are very intense and now we are ready to prove what they are by means of a series of deep drill holes”.
Exploration Techniques for Specific Deposit Types
http://www.actlabs.com/files/Canada_2010.pdf
Code 8 - REE Assay Package. Rare Earth Element-Niobium-Zirconium-Yttrium-Tantalum-Uranium-Thorium-Beryllium-Phosphate-Tin Assay ICP and ICP/MS Package
Rare earths and rare elements are among the most difficult to analyze properly. It is essential that the sample be ground to 95%-200 mesh to ensure complete fusion of resistate minerals. The analysis requires a lithium metaborate/tetraborate fusion with subsequent analysis by ICP and ICP/MS. Mass balance is requried as an additional quality control technique and elemental totals of the oxides should be between 98 to 101%. In certain circumstances the presence of small amounts of phosphate will have very severe consequences to Nb2O5 assays by this method with results being very low for Nb2O5.
Reanalysis is required for Nb2O5 by fusion XRF. In many cases these types of deposits may contain high amounts of fluorite. This should be noted on the Request for Analysis form or F assays should be requested. This will speed up processing as mass balance won’t be achieved otherwise and a delay in returning results will ensue as samples get repeated. IN NO CIRCUMSTANCES SHOULD AN ACID DIGESTION OF ANY TYPE BE USED TO EVALUATE
THE ABOVE ELEMENTS AS THEY WILL ONLY BE PARTIAL ANALYSIS.
Code 8 - Niobium-Zirconium-Yttrium-Tantalum-Uranium-Thorium-Phosphate-Tin Assay XRF Package Samples not requiring rare earths can be analyzed by fusion with lithium metaborate/tetraborate in platinum crucibles with the molten glass cast into a glass
disc in platinum crucibles. These glass discs are analyzed by XRF. Generally low Ta2O5 detection limits can’t be achieved with this package and the INAA technique is recommended for tantalum.
REE Testing at ACTLABS
Which Geochemical Digestion, Fusion or Instrumental Method Do I Need?
http://www.actlabs.com/page.aspx?page=748&app=243&cat1=759&tp=2&lk=no&menu=74
1. Fire Assay - Samples are mixed with a flux which contains litharge (PbO) and a collector (Ag) and fired at 1150 degrees C. A resultant lead button is cupelled to form a Ag bead which is dissolved and Au (Code 1A2) or Au, Pt, Pd (code 1C/OES-ICP, 1Cexp2, or 1Cresearch(ICP/MS) can be determined. For the full platinum group elements (PGE) a nickel sulphide fire assay dissolution process is used (code 1B2).
2. Aqua Regia digestion -This partial digestion uses a mixture of hydrochloric and nitric acids to dissolve sulphides, some oxides and some altered silicates. Generally base metals will be totally dissolved but this depend on mineralogy (not silicate Ni or Zn in gahnite).Multielement geochemical packages such as Code 1E, 1E1, 1E2, and1E3 group are analyzed by ICP andUltratrace 1 (ICP/MS) or Ultratrace 2(ICP/MS+ICP/OES). This digestion can be combined with other methods like INAA to give Code 1EPIand code1EPI/MS.
3. "Near Total" Digestion - This digestion is as total as an acid digestion can get but will still not dissolve very resistate phases like chromite, barite, monazite, sphene, xentime, etc. The digestion uses nitric, perchloric, hydroflouric and hydrochloric acids with temperatures to 260 degrees C. The method is NOT suitable for rare earth elements. This digestion is used for the 1F group of packages by ICP/OES or the Ultratrace 4 package. The digestion is also combined with instrumental methods to give code 1H (INAA+ICP/OES), code 1H2 and Ultratrace 3 (INAA+ICP/OES+ ICP/MS), Ultratrace 5 (INAA+ICP/MS) or Ultratrace 6 (ICP/OES+ICP/MS).
4. Sodium Perodide Fusion - This fusion process will result in total metals. This method is not suitable if sodium is required. A multielement package, Ultratrace 7 combines ICP/OES with ICP/MS.
5. Lithium Metaborate/tetraborate Fusion - This fusion process will result in total metals and is ideal for lithogeochemistry including major oxides and trace elements including REE and other high field strength elements. The group 4B (ICP/OES), 4B2 std (ICP/MS), 4B2 research (ICP/MS), 4 Litho (ICP/OES+ICP/MS), 4 Lithoresearch (ICP/OES+ICP/MS) provide both assay quality but at major levels as well as geochem trace levels. Code 4C and 4C Laterite combine major oxides with some minor elements using the fusion glass disk XRF methods.
6. Instrumental Methods 1)Pressed pellet XRF- Samples are compressed into a pellet and analyzed instrumentally. Only lower levels of metals can be done accurately by this method. Codes 4C1 or 4E-XRF provides suites of trace levels. 2) Combustion (LECO,Eltra-CHNS) can be analyzed directly without pretreatment by placing in a special furnace linked to infrared detectors. Code 4F-C,S,N or the Code 5G carbon sulphur speciation package is done by this method. 3)CO2 and H2O+/- is determined instrumentally using an Eltra analyzer.
7. INAA - Instrumental Neutron Activation Analysis- Samples are encapsulated and irradiated in a nuclear reactor. After a suitable decay samples are measured for their emitted gamma ray fingerprint. INAA is very good for Au, Co, As, Sb, W, Ta, U, Th, Cs, In, Re, Cl and lower levels of REE. Codes 1D, 1D enhanced, 2A (humus), 2B (vegetation), 3A (heavy minerals), 4A expl, 4A research, 5A, 5B, 5S make use of INAA to provide multielement packages. A special variation of reactor based method called delayed neutron counting (DNC) is used for uranium assay or geochem. Boron is also determined by a special type of reactor based method called prompt gamma analysis. INAA when combined with Nickel sulphide fire assay is used for the platinum group metal assay (code 1B1, 1B2).
Also See
http://www.actlabs.com/page.aspx?page=515&app=226&cat1=549&tp=12&lk=no&menu=64&print=yes
http://www.actlabs.com/page.aspx?page=496&app=226&cat1=549&tp=12&lk=no&menu=64&print=yes
INAA Portion
A 30 g aliquot, if available, is encapsulated in a polyethylene vial and irradiated with flux wires and an internal standard (1 for 11 samples) at a thermal neutron flux of 7 x 10 12 n cm -2 s -1 . After a 7-day decay to allow Na-24 to decay the samples are counted on a high purity Ge detector with resolution of better than 1.7 KeV for the 1332 KeV Co-60 photopeak. Using the flux wires, the decay-corrected activities are compared to a calibration developed from multiple certified international reference materials. The standard present is only a check on accuracy and is not used for calibration purposes. From 10-30% of the samples are rechecked by re-measurement. For values exceeding the upper limits, assays are recommended.
Merry Christmas All
The truth of the matter is KATX is an exploration company and according to their website:
KAT Exploration Inc. is a mineral exploration company whose main objective is to locate and explore land with minerals and precious metal deposits in the mining rich regions of Newfoundland. We are focused on building company and shareholder value through finding and drilling its high quality mineral properties through discovery and development or sale of economic precious and base metal deposits.
Exploration is risky business. Buying exploration stocks is tantamount to gambling, and there are two safe bets when it comes to any exploration company. One: it will spend the money it has and two: it is highly unlikely that it will make a discovery.
President and CEO Ken Stead stated “This project will be very significant for the growth of the company if the defined targets at depth prove to be a multi-mineral ore body similar to that of the Olympic Dam, or any deposit for that matter. We know the targets are very intense and now we are ready to prove what they are by means of a series of deep drill holes”.
One more thing...
It is my belief that a lot of investors were looking for a slam dunk on one of our properties. While that has not happen, and may or may not happen, it is not up to management to create a slam dunk.
It is management responsibility to:
KAT Exploration Inc. is a mineral exploration company whose main objective is to locate and explore land with minerals and precious metal deposits in the mining rich regions of Newfoundland. We are focused on building company and shareholder value through finding and drilling its high quality mineral properties through discovery and development or sale of economic precious and base metal deposits.
The fact of the matter is.....
Each investor made their decision to buy, sell or hold.
Exploration companies are risky business:
Exploration is risky business. Buying exploration stocks is tantamount to gambling, and there are two safe bets when it comes to any exploration company. One: it will spend the money it has and two: it is highly unlikely that it will make a discovery.
US Energy Department Picks Five Critical REEs
http://www.resourceinvestor.com/News/2010/12/Pages/US-Energy-Department-Picks-Five-Critical-REEs.aspx
CHICAGO – Five rare earth elements have been identified by the US. Department of Energy along with indium as the most critical metals for clean energy technologies and supply risk.
The rare earths – dysprosium, neodymium, terbium, europium and yttrium – were named as part of the 171-page “Critical Materials Strategy” examining the role of rare earths and other materials in the clean energy economy. “Criticality” was defined as a measure combining importance to the clean economy and risk of supply disruption.
The strategy document was based on research by the department during the past year, officials said. Technologies examined in the report include wind turbines, electric vehicles, solar cells and energy-efficient lighting.
According to an executive summary, the report found that several energy technologies – among them wind turbines, electric vehicles, photovoltaic cells and fluorescent lighting – use materials that are at risk of supply disruptions in the medium and long term.
The analysis also found that clean energy technologies currently account for about 20% of global consumption of critical materials but that as clean energy technologies are deployed more widely in coming decades this share will likely grow.
The report’s authors concluded that sound policies and strategic investments could reduce the risk of supply disruptions, especially for the medium and long term. They said data on many of the issues identified in the report was sparse, however. Plans for further work on the subject and updated critical material strategy by the end of next year are also planned, officials said.
The strategy calls for diversified global supply chains, taking steps to facilitate extraction, processing and manufacturing in the United States, development of substitutes and research into recycling.
“This strategy is an important step in planning for growing global demand for clean energy products that help strengthen the US economy and create jobs,” Secretary of Energy Steven Chu said in a statement. “Ensuring reliable access to critical materials will help the United States in the new clean energy economy.”