KAT Exploration Inc (KATX)

[snow]

ErOck

As you probably remember I disagree as much with your assessments as is possible. I think this was an outstandingly lousy deal. If there is ore worth billions of dollars it would have been a much better alternative to spend a limited amount of money on initial drilling to get better terms for what comes next. I find it almost incredible that Ken could enter into such a bad deal.