KAT Exploration Inc (KATX)

[Rick-UK]

Well done for finding the extra claims by VALE on the Bonavista Peninsula. They are small claims (compared to VALE's other claims in this area) but nevertheless significant ones, that fill in all the little parcels of land to the north of the Cornerstone/VALE JV up there. You can see them up close on this map. They are the areas above the Cornerstone/VALE JV...



Here they are again when we pull out to see more of the peninsula to give you a sense of scale:



This is a great find and well done Bob. I concur that VALE wouldn't have bothered to add these extra claims if they weren't serious about the area. I don't concur that there is no more land of interest in this area though and this is good news for us. Take a look at the information below...

Here's what I think is even more important in fact I'd go so far as to say very important because it brings Clifton into the picture with VALE. Here's the map and here's the link to the DD. I haven't shouted quite so much about it because I just assumed everyone would read it when I posted it yesterday, but midst all the other posts it may just have gone largely unnoticed, and I think people should check it out...



Explanation here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50507389