KAT Exploration Inc (KATX)

[White Cobra]

Holding Until News Is Announced

I personally am holding off until I hear the news about Rusty Ridge. I have invested heavily in KATX only to loose money in the short term. Also, I have yet to see my KATG shares in my account.

I know Rusty Ridge has promise, but promise is not enough for me to take a large chance here. If positive news arrives, I will definitely be waiting to enter once again. If news is not positive, I will not have lost more on this stock than I already have and will hopefully recoup some of my losses when, and if, I receive my KATG shares.

I am not bashing KATX. I am only stating what I think at this moment. I think a lot of other investors are of the same mindset. If you are a larger risk taker, and it proves to be positive with RR, more power to you. I wish you the best. As for me, I cannot take that kind of risk at the moment.

Now, if I were to win the lottery, that would be another story.

Peace Out,

White Cobra