KAT Exploration Inc (KATX)

[daggfish]

good morning my fellow shareholders....going down river today in search of a replacement vessel, problem is I have a hard time pulling the trigger at this point and here's why..

lets use 100k shares as example...I am of the belief that the shell will be used for the Handcamp property (and the financiers), in a spin-off as I have stated many times before, that said I feel we will receive some type of dividend on the shell maybe a 3 to 1 for every share of KATX you own...so if you had 100k shares...you would receive roughly 30K shares of the spin-off, but on top of that we may see a one time payment on those dividend shares , could be anything from .50-$1.00...however those will most likely be restricted for 6 months...so what, because during that time-frame the spin-off shares will increase in value as the property is being proven and possibly JV'd with Teck...

that leaves the KATX shares and Ken and Tim to joint venture the copper properties (leaving out the financiers) with Vale...my guesstimate on the KATX shares alone is .80-$1.00 min. by September and the spin-off shares well over $1.00 by then as well...so you see why I have such a hard time of letting go of a chunk of these shares with so much upside..either way going from .01ish from my first purchase to where we are now is very impressive but the potential value of whats in the ground could mean super kabooomage lies ahead...and with Ken's track record and the way things have evolved I believe it may be foolish not to wait a bit longer...JMO as always but I am very happy right now! So I will spend the day "looking" at new vessels :)