KAT Exploration Inc (KATX)

[relikwie]

Bio, everyone here is so alert that every change doesn't slip to the boards eyes. I think you nail it here.
I expect a drilling program to be announced for the Bonavista peninsula. Yes, we will be drilling properties in parallel this summer.

KAT, in opposite of Cornerstone is not going to give away this second "Olympic Dam type of copper potential" in a 60/40 JV deal.
Ken is going to prove it by himself and the money is is there to do it.
Now I believe the financial backer is a big believer of something huge is in the ground there.

KAT Exploration Inc. is pleased to announce that it has staked 346 new claims of approximately 125sq KM over impressive copper discoveries in the southern portion of the Bonavista peninsula

I think Ken traced where this came from (pictures from warant):



Vale, KAT and Cornerstone all are after the next Olympic Dam which they believe is there. Now judging how Vale staked around Cornerstone and KAT, I believe Ken has snatched the hottest spots.
I also believe that KAT is in negotiation with KAT and probably agreed that KAT proves it up first. Vale is here to do business and got the best possible out of the cornerstone properties by doing this JV option of 60/40 where Vale proves theirs. We do ours and if we hit that massive copper, then:

WEEE GOOOOOOD!


But first the other high potential Handcamp.