KAT Exploration Inc (KATX)

[Eagle777]

Very interesting.

Lucky North still has one large Vale claim (253 claims) that surrounds it. The cornerstone property is also surrounded by one large Vale claim (256 claims) and several smaller Vale claims just to the north of it. Lucky South is no longer surrounded by any Vale claim.

An excerpt from Rick's old post that I reposted a week ago.

In November 2009 Ken and Tim could have enlarged their claims in the area much further than they did. They did not extend Lucky South, instead they simply claimed Lucky North and left it at that. Why? Presumably because they are confident that they know where the copper is on the Bonavista peninsula.