KAT Exploration Inc (KATX)

[pkp544]

imbestvestor,

IMO we are behind in PRs now. KATX staked new claims on Friday Mar 12th and a PR came out the following Wednesday stating so.

03/17/2010 9:50AM KAT Exploration-Stakes Large Land Package Over Copper Discoveries

Ken is waiting to receive bids from 3 contractors for the "drilling" of handcamp, once done, there should be a PR released stating the drill plan or the commencement of drilling. Once drilling has commenced, it should take a few months to get the results. However, KATX has other promising properties, not just handcamp, so there could easily be a JV or land sale in the works as well.

Ken is very excited about drilling on handcamp, and last we heard, 2 of the 3 bids were already in….that was last week. IMO drilling will happen as soon as the property is accessible. When drilling starts speculators poor in, causing the PPS to skyrocket! If you feel that we will sink back to the .03s, that’s fine, but I hope you don't intend on waiting until we get there to buy in...you'll miss the boat! :~)

GLTA,
PKP