KAT Exploration Inc (KATX)

[art35]

Rick---you said

Even if gold dropped to $800/oz Handcamp will still be worth a fortune and KATX will still do very well for long investors. But gold won't drop, it will rise. The dollar has temporarily strengthened due to the weakened euro, but anyone who thinks that this temporary move makes the dollar a safe bet for the future needs their head examined. Have you any idea of the size and scale of the US's national debt? And forget about the whole of the US's national debt for a moment, have you any idea of how much money the US has to pay back this year alone?

MY ADDITION OR COMMENTS

If one oz of gold is woth $1000 today and there were 100 Billion oz in the world----you do the math--for an oz.

And KATX discovered a cache of gold that weighed in at 100 million oz---would our gold be worth $1000 an oz---???

Or would the fact that the world's supply had been diluted by 100 mil oz, and therefore we would have to devalue an oz of Gold---

Just as many think we should lower the pps due to dilution when the issuer adds to the OS, or supply---

Personally ,, I do not believe that adding or finding a huge quantity of gold will increase the value of gold----it is a commodity and some countries can't afford one oz---The countries that have garnered the supply can keep it off the mkt, and a scarce commodity, and therefore keep its value up--selling gold into the open mkt would dilute the supply in the mkt and therefore depress value----

All JMHO---art

Cheers