News Focus
News Focus
Followers 9
Posts 2207
Boards Moderated 0
Alias Born 12/25/2010

Re: None

Friday, 03/04/2011 11:29:38 PM

Friday, March 04, 2011 11:29:38 PM

Post# of 233825
Phase II started! (IMHO)

Someone posted that Handcamp results came back in August, but additional significant financing occurred in the 4th quarter. Why?

From the latest financial they spent $260,027 cdn on Handcamp in the 4th quarter, but they only spent $251,382 cdn on Rusty Ridge which included a drilling program of 1058m (Handcamp had 1650m in the 3rd quarter for $394,573 cdn)

Could they have already started Phase II on Handcamp?

From their Aug 2010 PR

A second phase starting this fall is in planning and will include additional line cutting, induced polarization geophysics and diamond drilling. With data collected so far and the very encouraging results from this first phase, the company feels that this project warrants a full scale exploration program to determine the true significance of the deposit.

http://www.katexploration.com/PressReleases/KAT%20Exploration%20-%20PDF%20Version%20for%20Aug%2025%202010.pdf

Gump...please speculate!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y