Replies to post #20548 on KAT Exploration Inc (KATX)

[ID Supermoney]

Nice post!

You should add Lucky Lake as well on this site.

ID

[gump90]

WOW !!!!!!!!!! You forgot to write .. " In my opinion ". You flippantly write about mining as early as this summer. Impossible !!!! It is not uncommon for properties to have 100,000 feet or more of drilling completed before going into tonnage and grade calculations. Then comes a Bankable Feasibility Study if the results are good. This takes at least a year. Sorry .. I stand by my previous statement about from the stage where they are now at Handcamp to the time when mining would start is a rock bottom minimum of 3 years. You should check other sources and see if I'm correct. The Permitting Process alone can take more than a year. All of this of course is if there really is anything promising there in the first place. They do not even know that yet. To even talk of mining right now is absurdly premature. Right now .. first comes financing before mobilizing any diamond drill. Even before that they need good drilling targets. Maybe they might do some geophysics too. There are more soil samples yet to come. To make a comparison to what Anaconda is doing nearby is like comparing apples and oranges. Not even close !!! Oh well. Cheers.

[goldengirl333]

Hi Erock and Birdmanbob4...thank you both for all of this in-depth information. Went to global infomining and learnt also from the canadian environmental report their at that site that there is very little mining going on in Newfoundland and do not recall the date of the report however I believe of all the mining going on in Canada it was about two percent in Newfoundland. Shall be looking forward to any new information on this growing company. Many Blessings goldengirl333

[GreenTea]

Great synopsis ErOck!

GLTA!

[Rick-UK]

Very nice post, thank you Er0ck for taking the time to put this together. The example of US Gold is an excellent one and as you and others have pointed out time and again, KAT does not have to wait until mines are operational before it sees significant PPS increases. The filing of the NI 43-101s and/or the announcement of another significant development such as a JV partnership with VALE will do the job very nicely. US Gold bears this out.

[Midnightcruizer]

GOOD JOB Er0ck

[ANTONZACH1]

EROCK
WHATS YOUR GUT NOW
JOINT VENTURE?
HOW CLOSE?
MY GUT TELLS ME THAT WITH STEADS REP A MAJOR DEAL WILL TRIGGER $2-$3 BEFORE DRILLINGS..MAYBE MORE IF ITS A MAJOR CO COMING IN
MY ? HOQ MUCH TIME BEFORE IT BRAEKS 10 CEMTS
JUST A GUESS FROM YOU
YOUR POST IS EXCELLENT
THANKS

[Mr Rollup]

MUST SEE POST

Refresh yourself.

Have a good weekend.