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Gooddolphin

03/12/10 9:16 PM

#28429 RE: Er0ck #28428

This is becoming more and more interesting every day... :)
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Go-Gold

03/12/10 9:32 PM

#28430 RE: Er0ck #28428

The last time Ken bought land (TwiLite) back in Dec. Two weeks later he announced the 5million funding. Why spend cash now when we still have to drill and prove Lucky and Handcamp? Could it be because we have a JV or two in hand? Looks like big news could come from anywhere with all going on with this company. Thanks for all the great DD as well.
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solidgold

03/12/10 9:45 PM

#28433 RE: Er0ck #28428

You should know by now that I like to speculate. How about a deal for that new land is a work in progress? This is the 1st thing Ken did after coming back, no time for PR yet.
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Rick-UK

03/13/10 4:04 AM

#28436 RE: Er0ck #28428

"We originally staked cliam to this area, altough a much smaller part, back in Dec, which means we have probably done chip samples and soil samples on it already and saw great results which is why they mostlikely decided to greatly expand this whole area many times over."

That original claim in Dec wasn't us. The parcel of land 01735M that adjoins the areas claimed yesterday by KAT and the Steads was claimed on New Years Day (for some reason) by a guy called Dennis Walsh. Do we know if this man is anything to do with KAT? There are several possibilities. Perhaps he has nothing to do with us and the fact that his claim is adjacent to ours is purely coincidental. Or maybe Ken met him at the PDAC and saw his chip and soil samples and bought the claims on that basis. We don't know at this stage. What I do think though is that it is a very big claim, which it is therefore unlikely Ken would've staked if he wasn't fairly sure something was there. Maybe he's done a deal with this guy Walsh.
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godsend74

03/13/10 5:51 PM

#28458 RE: Er0ck #28428

346 New....and Counting Let's play " Let's Make A Deal"

Very likely could be another Rusty Ridge property building towards Twilite on its west20 km remember the mineralization posted on its High Rare EArth Elements and gold, and then towards South Lucky 40km up North, our original property we all got excited about with huge amounts of Copper everyone wants.

Door number 1 REE's
Door number 2 Copper
Door number 3 Gold and Silver