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Re: elcheepo post# 135776

Saturday, 03/05/2011 11:43:23 AM

Saturday, March 05, 2011 11:43:23 AM

Post# of 233825
Not sure KAT shut down for the winter:

Per their financial report they expended only $4,484 on Lucky which ended 30 Nov 2010. However, their claim report highlights $17,515.62 expended by 18 Feb 2011. Therefore, it appears Lucky has been worked over the winter.

In addition: doing some analysis on the expenditures Cabot:

Cabot: British Canadian Mines expended $68,948 in 2010 (report date 13 Oct 10). It looks like KATX expended $31,428 on Cabot in the 3rd quarter and $2,743 in the 4th quarter....if you add the two numbers for KATX it is pretty much 50% of the official total expended on the property.

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