Tuesday, June 01, 2010 12:37:13 AM
Saturday at 2:34pm. POINT 13 I completly forgot the Shell at bought for 300k ....... don't exactly know what it's for yet but i belive it about Vale Lucky and possabily Rusty Ridge too! ....BVIG.....//////////////////////////////////////////////////////////////// But also lets not forget Sterling from January 20th ... Ken stated that this is the final increase that investors will see to our share structure barring shares needed to secure a Joint Venture (JV) agreement with a major mining company.
Ok, so this is when I really could not help myself. I told Ken that there is public information that is out there confirming that Vale Inco has staked all around KATX claims. I also told Ken that I have some friends that live in your area that have personally confirmed this to be so. From what I was told by a very wise mining friend and from what I have researched, the world is going to run out of copper in about 30 years. The copper properties that belong to KATX are huge and I am sure that you and Vale Inco are aware of this.
I then specifically asked Ken… Are you in contact with Vale Inco concerning some type of Joint Venture (JV) agreement? Ken told me that he cannot answer that question. So I said are you telling me… NO? He said that I am not telling you NO. So I said are you telling me… YES? He said that I am not telling you yes and I am not telling you no. He then said please, I am simply telling you that I cannot answer that question.
From that conversation, I take it that some kind of communication has transpired between KATX and Vale Inco concerning a JV agreement. Ken would not confirm with me such as I would not have expected for him to do so. Still, by him simply not telling me “No” means, in my opinion, that the answer is yes, but he just can’t tell me yes or he would have said no.
Heck, I hated doing that to Ken as I felt like I was backing him into a corner, but I think it is important for early birds here in KATX to really know what it is that we own. I think we own more than a gold mine here with KATX.
Ken got back to the main reason why I called and he stated that I could trust him and his management that any decision they make for the company will be in the best interest of the shareholders first and the company second.
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