KAT Exploration Inc (KATX)

[onemo]

WHEN COMMODITY PRICE AN TECH CHANGE,IT CHANGES EVERY THING.I seen it in the oil fields where big companies leve or pass on a property,small company comes in an makes a killing. Seen this happen in the 60s thu 70s booom then 80s thu 90s bust then price goes north slow then BOOM IT GOES TO THE MOON an anyone that was not gun shy from the 80 90 bust got in an made lots of money.I remember talking to my brother inlaw in about 93, his father was in the tugboat buisness an lost every thing in 89 an pass away not long after. MY brother inlaw was 20 he went to the banks an talk them in to let him buy one of the old tugs. Every time we talk which is often he tells me I dont know how long this will last.Today he has over 20 tugs that make from $2500 to $5000 per day all are paid for.I saw where big companies walk away from properties in the bust when it cost to much bring in the wells,an small company come when the boom came back an with 3d tech make killings on the same properties.PRICE ALWAYS MAKES THE DEFRENCE.