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Re: Penny59 post# 55844

Thursday, 06/03/2010 2:06:41 PM

Thursday, June 03, 2010 2:06:41 PM

Post# of 233823
Lots going on that we don't know about. That doesn't mean it's bad Penny. You have to consider EVERYTHING that we've discovered lately. I mean, it doesn't get any clearer to me that ALL of this is related.

Consider the following:


Quote:
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January 19, 2010…This is expected to be the last change in capital structure to complete the portfolio of growth and ventures the company will be pursuing, barring any MAJOR joint ventures that may be pursued.
http://www.marketwire.com/press-release/KAT-Exploration-Retires-Additional-300-Million-Shares-Engages-New-Consulting-Group-Dual-1185446.htm
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Okay, we know Ken and Tim were both issued a total of approx 186 million shares between the two of them to "maintain control" of the company. WHY would they need to do that unless...MAJOR JOINT VENTURE. And isn't that what the PR said, after all?

Then the uplisting or spin off:
Quote:
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KAT Exploration believes that significant valuation will come from its Handcamp property and are exploring options for the company placing itself or selected properties on the Over the Counter Bulletin Board (OTCBB) market. The OTCBB market is a much respected market that will allow for KAT Exploration to be considered a more serious investment and gain broader coverage as the company believes it deserves. Shareholders can expect updates on this forward movement in the near future.
http://www.marketwire.com/press-release/KAT-Exploration-Accepts-Drill-Contract-Tender-From-Cabo-Drilling-Drill-15-Holes-1200-1166277.htm
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and the BB shell:

SEE THE BVIG FILING HERE:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7227300

and the transferred claims:

We see Ken has transferred over some claims already to KATX, which I believe he said he would do when they proved the claims, right?

http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=015995M

All of this takes time to put together. And it will be worth it in my opinion.

Read about some of these deals that made these junior exploration companies worth BILLIONS:

http://miningmarkets.ca/issues/story.aspx?aid=1000334564&type=Print%20Archives

And notice some of these deals were land sales (with continuing royalties going to the jr. exp. company as well) and some were huge land sales even without feasability studies. The mining industry is an interesting sector and things are about to heat up here.
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