KAT Exploration Inc (KATX)

[geo_newfie]

I agree with your assessment on trading volume. When it is broken down into a dollar value there is not that money changing hands here. Until we get near $1 million (or a volume > 15 million) in daily trades the PPS will be controlled by the MMs and there is nothing to get excited about. The volume will come on the release of the RR assay results or some other positive news (JV, etc).

Until then we are just sitting on the edge of our seat staring at the PPS and guessing.

In regard to RR - there isn't much to say. KATX has gone through the proper steps to get to the drilling phase. I cannot comment beyond that until results are released.

Results and a report should be completed (or already done) by the end of next week based on the time table counting down from the end of the drilling program. Holidays are fast approaching, so I would hope they get them out before then. If not, then this "delay" could be positive (JV, etc), or negative (bad results, etc). This is all dependent on no delays out of KATXs control (i.e., lab problems). And I base this on my experience and the time line from the release of the HC results.