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Re: Rick-UK post# 121875

Monday, 01/03/2011 12:47:33 PM

Monday, January 03, 2011 12:47:33 PM

Post# of 233373
Nice list Rick...my thoughts

I like the "Lucky" properties too:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56294169

Comparing our Vale option agreement on "Lucky(ies)" to Cornerstone’s deal:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55158917

Possible Vale deal for the "Clifton" property too?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55150695

I've been liking the "Cabot" since they announced the option to acquire it. I like the fact that the "Cabot" has also already been drilled with an estimated 18-20 MILLION TONS of low grade copper ore (including cobalt). Although, the gold potential is whats' most attractive...one vein showing 10 g/t Au, with the highest reaching 12 oz/t Au
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53829607

Don't forget that "TwiLite" has been drilled already too:

Twilite Gold Property

The gold mineralization occurs in areas hosted by several styles of alteration and rock type including:
The Discovery Prospect: Zone of quartz veining and associated silicification, high of 202 g/t Au (Visible Gold).
The Spring Pit prospect: bedded pyrite/mafic fault gouge (high of 14.9 g/t).
The 320 Vein: zone of quartz veining and quartz breccias (high of 16.6 g/t).
The Paddy’s Pitt prospect: silicified and brecciated siltstone (high of 23.80 g/t).

http://www.katexploration.com/Graphics/properties/Twilite%20Property/Twilite%20Property%20Data.pdf



Don't forget Ken added another 5,805 acres around the Twi-lite property. This will now allow the company to carry out larger exploration programs in both these areas in a quest to extend the present gold discoveries.
http://www.marketwire.com/press-release/KAT-Exploration-Secures-Large-Land-Packages-Around-Its-Handcamp-Twi-lite-Properties-1113751.htm

As for the "Rusty Ridge," we'll have to see what the next round of assays hold. I was disappointed that they didn't give us any hard data for iron, copper, or gold, but the REE potential could prove profitable. I'll defer to those more educated on the subject to make that call. I'll also be watching the next "Rusty Ridge" PR to see what iron, copper, and gold numbers they report.

My more complete thoughts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56146784