KAT Exploration Inc (KATX)

[AbrahamS]

WOW sounds like they have a GOLDEN COAST and the government wants a cut of the action

I believe this is how the Ekom Eya Chiefs got the Government to set aside this high grade gold property

Yes Bibiani has very high grade Gold
http://www.miningweekly.com/article/high-grade-drilling-results-from-bibiani-2012-04-13

Kat states that it's overall grade is 6% and Nobles is under 2%

Before Ghana had elected officials the Chiefs were like the Kings

Kat as you know has "partnered" with the Chiefs / Co-Op

Noble did not treat the Chiefs like Kat has, Noble won't even

QUOTE: "Noble is not welcome on the Chiefs land" http://mobile.ghanaweb.com/wap/article.php?ID=198535

Noble is no friend of Ekom Eya and is not even hiring workers from the Town of Bibiani, their bringing in their own help.

THE EKOM EYA

This is a one-of-a-kind event

As in it never happened before!

I believe the Ekom Eya chunk of the Bibiani is what Kat states that it is

I could speculate that this "partnership" with the old Kings / Chiefs could get Kat special tax deals

but I won't till that is a reality

I would however point out what happened with the Ekom Eya has never been done before

(ONE OF A KIND)