Replies to post #19511 on KAT Exploration Inc (KATX)

[StocksGoneWild]

Nice article Texas...

Right now, it looks like the $7,500 to $7,600 levels should be the next resistance with potential retracement towards $6,500 and $5,800 levels. But if Western recovery continues to disappoint, or remain mixed, as they currently are, then we could see prices revert back to between $5,000/t to $6,000/t in 2010.

So worse case copper is gonna be @ $5000-$6000 per tonne through 2010...many think much higher, but even worse case looks awesome. Say we uncover a few hundred thousand tonnes...worth about $1.5 billion...ValeInco surrounded us for a reason.

[birdmanbob4]

Want to get "LUCKY?" .....I read that... I do not know if I could get more "LUCKY"...........Is it just me but are some other early on Kat lovers out there having a hard time wrapping their mind around the idea of getting this ...LUCKY ? ...what an appropriate name for the property that does just that!

[crudeoil24]

Copper’s Down, Next Test for Market: Philly Semis.
By Tiernan Ray
Copper’s futures are sounding an alarm, note our friends at Asbury Research. They’d warned a week ago that copper futures prices were a key indicator for overall market health, arguing that it would important for copper to stay in a support range of $3.23 to $3.27 per pound.
But copper’s broken through that support level, falling 4 cents today to $3.05 for the February futures contract. During the last week, Dow Transports have fallen 155 points, they add, and the S&P has fallen 3.3%.

The next crucial test of equity investor enthusiasm, writes Asbury, is the Philadelphia Semiconductor Index. The SOX tends to lead the tech sector, and techs tend to lead the broader market.

The SOX has broken down in the face of resistance at 337, they say, will it stay at or near a support level at 332? The SOX is at 314 today. (I would add that the Semiconductor HLDR Exchange Traded Fund (SMH) follows pretty closely the SOX.) As Asbury concludes:

How the SOX responds to this potentially bullish near term environment over the next several days will be seen as an important indication of whether the mid January decline in the US stock market continues from here, or if its larger 2009 uptrend resumes.

http://blogs.barrons.com/stockstowatchtoday/2010/01/29/coppers-down-next-test-for-market-philly-semis/
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[Crazy Money]

nice article on copper... yes

[bob smith]

hey texas,

copper is the most important metal in KATX portfolio, especially for JV, especially if its vale.

but one question, as you may have scanned through my emails.
with all the junior mining companies, you have followed, how does KATX stand up with expected amount ore to be dug up.

expectations on grade? yearly expectations for a small property.
do you have a comparable in the current market in property size?

i know, we are still drilling, but their has been over hundred samples already over the last 2 years alone.

thanks

[GreenTea]

Very nice article!

GLTA!