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the third leg

01/23/10 2:34 PM

#15638 RE: BoilerRoom #15637

Thats was evident on Friday, but with all the people learning about it this weekend, we will see some big gains this week. I also think the ceo will grace us, and his new shareholders with a solid pr this week, again!!
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birdmanbob4

01/23/10 3:06 PM

#15639 RE: BoilerRoom #15637

you see what I see? major joint ventures that may be pursued.>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>The you add that to this from Ken>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>……..What most don’t understand is, that when a major company stakes around someone else claims it doesn’t mean the claims are in doubt, but the complete opposite. Whenever a major mining company stakes around us it enhances the likelihood that we in a very favorable area and we still own the claims. However, this creates great opportunities the major companies will JV the property, which is what everyone like Kat wants.
Yes you can post this and thanks for asking before you did.

Ken>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Then you add this Reporter style interview that Stearling did >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>..Ok, so this is when I really could not help myself. I told Ken that there is public information that is out there confirming that Vale Inco has staked all around KATX claims. I also told Ken that I have some friends that live in your area that have personally confirmed this to be so. From what I was told by a very wise mining friend and from what I have researched, the world is going to run out of copper in about 30 years. The copper properties that belong to KATX are huge and I am sure that you and Vale Inco are aware of this.

I then specifically asked Ken… Are you in contact with Vale Inco concerning some type of Joint Venture (JV) agreement? Ken told me that he cannot answer that question. So I said are you telling me… NO? He said that I am not telling you NO. So I said are you telling me… YES? He said that I am not telling you yes and I am not telling you no. He then said please, I am simply telling you that I cannot answer that question.
From that conversation, I take it that some kind of communication has transpired between KATX and Vale Inco concerning a JV agreement. Ken would not confirm with me such as I would not have expected for him to do so. Still, by him simply not telling me “No” means, in my opinion, that the answer is yes, but he just can’t tell me yes or he would have said no.>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> The you must take in account that VALE has spent 2 BILLION DOLLARS in NEWFOUNDLAND to process properties like THE LUCKY PROPERTY >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>Then it hits you VALE can get more out of the ground quicker than any other mining company in Canada quicker because of it's size>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>Are you starting to get a bit excited yet??? >>>>>>>>>>>>>>>>>>>> You are sitting on a rocket about to take off …and if your smart you will get as much as your Wife will let you >>>>>>>And then get some more behind her back>>>>>>>>>>>>>>>>>>
Posted by: investor911
Date: Wednesday, January 20, 2010 1:46:49 PM
In reply to: stervc who wrote msg# 13214
Post # of 15634

In Dec of 2009 Valley Inco staked ground around one of the KAT properties, the map has the same numbering.

Vale Inco claims
02C/06 017006M 2009/12/07 Vale Exploration Canada Inc. 256.0000
017008M 2009/12/07 Vale Exploration Canada Inc. 256.0000
017010M 2009/12/07 Vale Exploration Canada Inc. 256.0000
02C/06 02C/05 017007M 2009/12/07 Vale Exploration Canada Inc. 256.0000
02C/06 02C/05 02C/11 02C/12 017005M 2009/12/07 Vale Exploration Canada Inc. 256.0000
02C/06 02C/11 017004M 2009/12/07 Vale Exploration Canada Inc. 253.0000
017011M 2009/12/07 Vale Exploration Canada Inc. 256.0000
017012M 2009/12/08 Vale Exploration Canada Inc. 256.0000
02C/11 017013M 2009/12/08 Vale Exploration Canada Inc. 55.0000
02C/11 02C/12 017003M 2009/12/07 Vale Exploration Canada Inc. 256.0000

KATX claims

Mineral Rights Licence Number: 016773M
Location: Bunyans Cove,Eastern Nfld
Owners Name: Kat Exploration
Claim Status: Issued
Current Number of Claims: 32.0000
Issuance Date: 2009/11/30
NTS Maps: 02C/05 02D/08

Good Luck All,
-911
If my mind can conceive it, and my heart can believe it, I know I can achieve it.

Vale Inco is a wholly-owned subsidiary of Vale (Vale S.A.) of Brazil. Vale is the second largest mining company in the world, with a market capitalization of more than US$ 125 billion. Vale Inco has over 12,000 employees worldwide and had net sales last year of over US$8 billion.
Exploration
Vale Inco's exploration is focused primarily on nickel, both as nickel sulphides and as nickel laterites. Vale Inco is a world leader in this area, applying the latest technology in the search for low-risk resources near its processing facilities in Ontario, Manitoba and Voisey's Bay, while also evaluating higher-risk, under-explored environments on a global basis. Vale Inco carries out exploration on its own and through joint ventures with partners.Global exploration for several commodities, including nickel, is carried out by Vale Exploration Canada and Vale. For more information please visit www.vale.com.
Cautionary Note to U.S. Investors - The United
EXPLORATION
Canadian Mines Exploration

Ontario


Manitoba


Voisey's Bay






Vale Inco's Brownfield Exploration team operates within the Business Development Group. Exploration is a strategic activity toward meeting the business objectives of the company and early assessment of economic viability is a key component of the approach toward successfully adding value. The principal exploration objective in Canada is to deliver consistent exploration programs that provide new sources of feed to our existing Operations in Sudbury, Thompson and Voisey's Bay. We continue to aggressively explore near our existing operations for high-grade ore that can be put into production rapidly with minimal capital investment and for large tonnage, lower grade growth opportunities. Our successes in Ontario, Manitoba and Newfoundland-Labrador continue to strengthen our outstanding base of low-cost operations.

EXPLORATION
Canadian Mines Exploration
Voisey's Bay

Ontario


Manitoba


Voisey's Bay






Newfoundland and Labrador
The Voisey's Bay deposits were originally prospected by Archean Resources in the summer of 1993. Several significant deposits have been found on the Voisey's Bay property along a five-kilometre mineralized corridor within mafic intrusive rocks, including troctolite and olivine gabbros.
The most important of these deposits, the Ovoid, is a near-surface accumulation of high-grade massive sulphide. The bowl-shaped deposit occurs immediately below glacial cover and is currently being mined by open pit. Other deposits include:
? Discovery Hill, contiguous with and west of the Ovoid, consisting mainly of disseminated sulphides with narrow veins and stringers of massive sulphide.
? The Eastern Deeps, two kilometres east of the Ovoid and extending from a depth of 500 metres to nearly 1,000 metres at its eastern end. This gently plunging tabular deposit conforms to the base of a large troctolite magma chamber and is characterized by a basal massive sulphide zone partially surrounded by disseminated sulphide and mineralized breccia.
? The Reid Brook Zone, approximately two kilometres west of the Ovoid, occurs in a sheet-like body or dyke of olivine gabbro. Mineralization within the dyke plunges eastward from near surface to depths of 1,500 metres.
The mineral resources and mineral reserves for the Voisey's Bay Project can be found in the Inco Limited 2005 Annual Report.
First ore from the Ovoid deposit was realized in August 2005. Since that time exploration has concentrated on Post Ovoid underground studies. Scoping and data collection programs are providing key inputs for pre-feasibilty studies.
The Voisey's Bay Development Agreement was announced on June 11, 2002. Within the statement of principals is a plan for advanced exploration on the underground resources. Current programs are part of the initial phase of an overall exploration program of Cdn. $95 million. The intent of the program is to investigate the known underground resources with the objective of establishing reserves. [Cautionary Note to U.S. Investors]
Visit the Voisey's Bay website for more information.
THE MINERAL RESOURCES AND MINERAL RESERVES FOR THE VOISEY'S BAY PROJECT CAN BE FOUND IN THE INCO LIMITED 2005 ANNUAL REPORT. INVESTOR RELATIONS
Vale Inco is a wholly-owned subsidiary of Vale (Vale S.A.) of Brazil. Vale is the second largest mining company in the world, with a market capitalization of more than US$ 125 billion. Vale shares are traded on the New York Stock Exchange - NYSE (VALE and VALE.P), on the São Paulo Stock Exchange - BOVESPA (Vale3 and Vale5) and on the Madrid Stock Exchange - Latibex (XVALP and XVALO).
Nickel is used in many industrial and consumer products, including stainless steel, magnets, coinage, rechargeable batteries, electric guitar strings and special alloys. It is also used for plating and as a green tint in glass. Nickel is pre-eminently an alloy metal, and its chief use is in the nickel steels and nickel cast irons, of which there are many varieties. It is also widely used in many other alloys, such as nickel brasses and bronzes, and alloys with copper, chromium, aluminium, lead, cobalt, silver, and gold [27]