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Re: gump90 post# 54115

Tuesday, 06/01/2010 12:37:13 AM

Tuesday, June 01, 2010 12:37:13 AM

Post# of 233419
Second time you made that statment and never said witch one was the bigest?...links ....we like links ....anyhoo Voisey Bay was/is 60 Billion Dollars worth of minerals ....if there is one a few billion bigger ......give or take a Billion what's the big whoop? The Fact remains... well here are just a few facts.... MY MANY REASONS TO BELIVE IN VALE DEALReply to Topic.Displaying all 3 posts..Bob Nordberg MY MANY REASONS TO BELIVE IN VALE DEAL Now point POINT#1. Vale got it’s Massive Leases around the N. and South Lucky Properties just 7 days after the November pr from Kat witch I find (NOW) very exciting “even if I was not impressed at the time.” POINT#2. The total Acreage or square Kilometers Vale has on the Bonivista ((Surrounding)) the ((Greatly Enlarged)) N. and S. Lucky Properties is double that of the VALE INCO Voisey Bay Properties ((((DOUBLE))) POINT#3. Vale Inco had Five long months “that we previously agreed Vale had it’s own drill team and could test drill the lucky property at it’s leisure” so we can agree that Vale knows aprox. What is there by now. POINT#4. In a email reply to me from ken Stead regarding the Cornerstone History concerning the Lucky Properties we learned that Lucky was supposed to be drilled …also a Drill crew was brought to the site……..and during a storm and approaching Christmas back in the 70’s this Drill Crew abandoned it’s efforts to continue the Drilling. POINT#5. Knowing statement POINT#4. We can safely say that the Lucky Properties “as far back as the 70’s had a substantial amount of work done on them that they were brought to the point that they were ready to Drill. POINT#6. In April “after having many months to discover what the Bonivista contains/or does not contain Vale adds 6 brand new claims along the coast line just outside the Cornerstone Properties. point#.7. We also know that Vale Inco signed a ((Option Agreement)) with Cornerstone on the Bonivista tying up all the properties there. 8. Vale in this Cornerstone Option Agreement has a very Minimal Pmt. And Work commitment during the first few years of the agreement. POINT#9. I know the new Geoligest also worked on the Lucky Properties during the Cornerstone Days. POINT#10 This same (brand new) Geoligest also did help to prove up the worlds biggest find of Nickle/Copper ((ON THE VALE INCOProperty at Voisey Bay))…POINT#11. It was just confermed by Kat Exploration that this same Geologic ((World Renounded Expert)) “””IS””” going to be working on the Lucky N. and S. as well as the Rusty Ridge nPeoperties this summer and just in POINT#12 From Warrant…. “And TY Warrant” Warrant has just confirmed that Vale Inco has opened ((NEW)) Offices in Newfoundland ((( Posted by: warant Member Level Date: Saturday, May 29, 2010 12:02:33 PM In reply to: B402 who wrote msg# 53458 Post # of 53501 Send a link via email Share on Facebook Tweet this post WE very good indeed. I think VALE just opened an office in ST.John's NL. If so that is excellent news.))))
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.