Replies to post #38546 on KAT Exploration Inc (KATX)

[Rick-UK]

Hi rickyboy. I asked my spirit guide the Great Omongo. He's never wrong. :o)

Seriously, I have as much idea as the next person, probably less. That said, I really do think we are going to see massive, massive PPS increases as KATX proves its claims over this summer. A couple of dollars is very feasible...

One year ago an exploration company called US Gold (UXG) were in a similar position to where KAT is now, with a similar share structure. They were trading at around 0.30 and were waiting on the results of test drilling so they could file their 43-101. Within weeks of filing their 43-101 the PPS went from 0.30 to $1.20 and a few months later hit $3.00. UXG’s best results were 2.9 g/t Au. By comparison, KAT’s initial sample analysis indicates 158g/t Au, 94g/t Au and 82g/t Au. Not only this, but as well as Handcamp, KAT has Lucky and four other claims as well. If UXG can hit $3.50 there is absolutely no reason why KAT cannot hit $4 OR MORE if we get a DOUBLE announcement – a 43-101 for Handcamp and a JV with VALE for Lucky.