KAT Exploration Inc (KATX)

[Biochemist2002]

LOL, thanks. Yes, holding since $0.02 Good observation though. My average is about to go up though because I'm about to buy more. IMO it's totally worth it though. I don't really see it as an off chance, I see it as a certainty that this company is going to explode and here's why:

There's clearly better than expected copper/gold on Twilite/Handcamp, respectively-else why would they waste valuable time and resources acquiring more land at these sites.

"MOUNT PEARL, NL--(Marketwire - February 8, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) www.KATexploration.com would like to inform its investors that it has secured areas of interest around its Handcamp and Twi-lite properties."

www.marketwire.com/press-release/KAT-Exploration-Secures-Large-Land-Packages-Around-Its-Handcamp-Twi-lite-Properties-1113751.htm

Another reason, even Ken was surprised at just how good the gold results were, they couldn't even imagine it would be that good:

"While the company was expecting good results, we never imagined that gold would show up in such a large number of samples. Just from a quick review of the results of the larger gold numbers, it is obvious that there are other areas on the property hosting significant gold and base metals."
www.marketwire.com/press-release/KAT-Exploration-Receives-Very-Exciting-Gold-Results-From-Handcamp-Soil-Samples-1110051.htm

And...

MOUNT PEARL, NL--(Marketwire - January 27, 2010) - Kat Exploration Inc. (PINKSHEETS: KATX) has been busy uncovering new copper showings on its 100% wholly owned "Lucky" Property with very impressive malachite and chalcocite discovered in its latest trenching...As digging was most difficult in the shattered rock zone, the trench was only excavated to approximately 2 meters with copper throughout the entire trench and continues at depth as the mineralized horizon containing the copper is up to 300 meters in places throughout the property. Each new copper discovery on the "Lucky" property lends itself to significantly boosting its potential to a higher likelihood of acquiring a JV partner. In recent months, the area where the "Lucky" property is located has drawn the interest of a major world class mining company and Kat will continue to bring both the North and South "Lucky" properties to their full potential...The type of environment where the "Lucky" property is located has the potential to produce low grade, large tonnage copper deposits similar to those found in the Zambia copper belt."
www.marketwire.com/press-release/Kat-Exploration-Reports-Additional-Copper-Find-on-Its-Lucky-Property-1107944.htm

Not to mention:

"MOUNT PEARL, NEWFOUNDLAND--(Marketwire - January 14, 2010) - 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."
www.marketwire.com/press-release/Kat-Exploration-Retires-and-Eliminates-2-Billion-Shares-From-Treasury-1101927.htm

and

"MOUNT PEARL, NL--(Marketwire - January 19, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) www.KATexploration.com, along with its private group of investors who recently funded the company with up to $5 million for 50,000,000 restricted shares, has made the decision to retire and eliminate an additional 300,000,000 shares from its treasury of authorized shares of which the new amount of authorized shares will be 730,000,000 shares."
www.marketwire.com/press-release/KAT-Exploration-Retires-Additional-300-Million-Shares-Engages-New-Consulting-Group-Dual-1103663.htm

and we have good funding and a reduced number of shares:

"KAT Exploration has secured funding for up to $5 million. The funding contract guarantees $1 million over the next 6 months and the remaining $4 million to be delivered upon agreements within the contract being achieved over the course of the following 6 months of no specific date. The funding is to provide operational support for Kat for at least the next 5 years. The funding was secured with 50,000,000 restricted shares."
www.marketwire.com/press-release/Kat-Exploration-Secures-up-5-Million-Funding-With-50-Million-Restricted-Shares-Retires-1102443.htm

Also, check out the Facebook page and the discussion board there...good stuff
http://www.facebook.com/home.php#!/pages/Kat-Exploration/283084523208?ref=ss