KAT Exploration Inc (KATX)

[ShortonCash]

E.xcellent post...Tonnage and size... Kilometer claim sizes instead of meters of intersection...Compare claim size and tonnage instead of percentages..That's why it could hit $15 per share (and still be a "small" number per ton of ore) or more the number of tonnes is huge the claims are district wide...

One more point would also be the processing, suppose you had the $100,0000 and 10 kids, in the will it might be than they all get $10,000 or you might have a clause in you will that the heavy ones (they just fall out of the process) do not get any money and 2 of the 10 fall out after they are crushed, then you might the ones with magnetic personalities would also be left out out, and the ones that float would get the lions share....now the will can be split between the last 4 remaining....then the small percentages that where not considered econonical get much better....and are the gravy in the process, if you pick up iron, copper and gold as by products...

But don't feel bad for the magnetic and heavy kids.... Vales plant has a way to get money for those too...

Thats why this could take some time to impute VALuE....it a process of the ore that also comes into play...It is not something that can be done in minutes as some would want you to believe....

And yes it could be an Olymipic Dam type of ore. Iron Copper and Gold... the only minerals missing in the first 40 meters has been the gold....IMO