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Re: snow post# 127737

Thursday, 01/27/2011 10:58:21 AM

Thursday, January 27, 2011 10:58:21 AM

Post# of 233386
This is not a mining company
KAT was never going to realize the full potential value
of the Lucky properties or any of their other properties
Their business plan, as I understand it, is to prove-up
properties to the point that a major will commit to them.
They dont own equipment for this type of undertaking
They essentialy get a finders fee, percentage of perceived
value, and an NSR.
Then go try and prove up something else, which is where we are today
And your comment that a certain poster said they got a raw deal
is like saying it will get dark out tonight, what else would you expect.