KAT Exploration Inc (KATX)

[ShortonCash]

Vale has deals as operators and consultants with two other properties next to Rusty Ridge..... and they have been delayed..
sounds like the same problem KATX is having....just wondering...

Saturday, March 26, 2011 1:12:33 PM
Re: warant post# 75
Post # of 86

The delay with Vale seems to be that this project is far down on their list of priorities. With them being the operator and the local contact that CGP had, has been transferred or left (Not sure which)CGP is now left with dealing with Brazil and there has been a slow down in the communication . Hopefully Vale will see fit to get their NR out sooner rather than later. Lets hope the news is good enough to warrant further drilling