AI
Wednesday, November 18, 2009 3:25:44 PM
With some of the KATX Properties...
As we all know by now, there is a major drilling program that is about to be launched sometime in the near future here with KATX if I had to guess. The company knows what they own and other investors are now realizing what they own too. I think it's safe to say that I am not the only one that has confirmed that we have a few PRs that might be coming out over the next week or two. I think they might be major considering the DD that have thus far been discussed, but I guess we’ll have to wait and see.
Having samples of 158.9 grams per ton as I had posted below is enough I believe too to begin researching further doing some open pit mining:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43674779
Also, if anyone else has spoken to the CEO, they would know that the issue about reducing the Authorized Shares (AS) down to a much lower number commensurate to its Outstanding Shares (OS) is under consideration and is expected to happen and is fully understood why it must happen by the company. I and other investors have discussed this at lengths with the CEO.
To add, anyone doing research on the location of the KATX claims know that they have claims in the Labrador and Newfoundland areas as indicated below:
http://www.katexploration.com/
The big deal about that in my opinion is that the second largest mining company in the world has an agreement in principle on a $1.9 billion (Cdn. $2.9 billion) plan:
http://www.inco.com/global/voisey/
http://www.inco.com/
…Vale is the second largest mining company in the world, with a market capitalization of more than US$ 125 billion. Vale Inco has over 12,000 employees worldwide and had net sales last year of over US$8 billion. …”
This is going on in the same Province of Newfoundland and Labrador as where KATX’s properties are located. I think we are in very good company.
v/r
Sterling
As we all know by now, there is a major drilling program that is about to be launched sometime in the near future here with KATX if I had to guess. The company knows what they own and other investors are now realizing what they own too. I think it's safe to say that I am not the only one that has confirmed that we have a few PRs that might be coming out over the next week or two. I think they might be major considering the DD that have thus far been discussed, but I guess we’ll have to wait and see.
Having samples of 158.9 grams per ton as I had posted below is enough I believe too to begin researching further doing some open pit mining:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43674779
Also, if anyone else has spoken to the CEO, they would know that the issue about reducing the Authorized Shares (AS) down to a much lower number commensurate to its Outstanding Shares (OS) is under consideration and is expected to happen and is fully understood why it must happen by the company. I and other investors have discussed this at lengths with the CEO.
To add, anyone doing research on the location of the KATX claims know that they have claims in the Labrador and Newfoundland areas as indicated below:
http://www.katexploration.com/
The big deal about that in my opinion is that the second largest mining company in the world has an agreement in principle on a $1.9 billion (Cdn. $2.9 billion) plan:
http://www.inco.com/global/voisey/
http://www.inco.com/
…Vale is the second largest mining company in the world, with a market capitalization of more than US$ 125 billion. Vale Inco has over 12,000 employees worldwide and had net sales last year of over US$8 billion. …”
This is going on in the same Province of Newfoundland and Labrador as where KATX’s properties are located. I think we are in very good company.
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35466209
