KAT Exploration Inc (KATX)

[Howardhaftel]

Joint Venture is a fancy name for an agreement between two parties, (A contract),
The contract is signed because each party sees value.
In this case The first party has a gold mine and the second party has money.
Party 1, needs the money to excavate the gold and has to establish the potential value to the party with money. The party with money has to be convinced that he will realize a large return for his investment.
The more gold that can be proven the less party 1 has to give away.