Replies to post #37883 on KAT Exploration Inc (KATX)

[Biochemist2002]

RE:

Why would they increase the O/S / Restricted total by 200 mill for a J/V? Isn't a J/V an agreement to share the cost of drilling and setting up a mining operation?

There are many different forms of JV. They can be very complex or very simple.

Here's a couple websites that show examples of JVs in different sectors:

http://www.referenceforbusiness.com/encyclopedia/Int-Jun/Joint-Ventures.html
http://www.businesslink.gov.uk/bdotg/action/detail?itemId=1075411631&type=RESOURCES
http://www.jv-web.com/jv_art_jv_types.html