KAT Exploration Inc (KATX)

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Geo.. I find this as an excellent assessment of the Vale/Katx relations. Vale comes in and claims everything they can. Lucky already taken by Katx, option agreement, cheap. If minerals found both companies profit according to their abilities, basically. Vale drops all claims except the one's around N Lucky, and when Vale is done doing their initial exploration work on their remaining claims and Lucky properties we will know more. Very business like. JMO