KAT Exploration Inc (KATX)

[Er0ck]

I wouldn't worry what the market cap is right now or how it will relate to our pps. There are plently of great examples of mine exploration companies that have not even test drilled yet and are at over $3 a share and have market caps of over 500 million. Also there are many mine exploration companies that have only test drilled and not mined anything yet, or done a JV that are also well over a dollar with high market caps.

The theme with Mine exploration companies seems to be investors don't care about what the company is technically worth on paper, they only care what the company has in the ground and how much that is worth.

Basicly meaning, you will find lots of mine exploration companies that have very high market caps that do not relate at all to what they actually have in the ground money wise, but they still are trading in the multiple dollar range due to the fact that despite the high market cap, investors know the company is still going to make alot of money.