My thoughts on the copper properties...
The PR said:
"KAT Exploration will maintain all its high grade copper properties and is aggressively preparing to take its copper exploration and drilling programs to the next major stages of development to be announced soon. Ken Stead, KAT Exploration, Inc. President and CEO, said, “This OTCBB share distribution is the first of more OTCBB share distributions that we are planning to distribute to our shareholders..."
So we can expect an announcement on one or more of the copper properties "soon". My guess is that the announcement will state that Lucky, Rusty Ridge, Shaylee and maybe even Clifton will all be drilled this year. If we're really lucky, maybe we'll get some news of a JV or perhaps like Cornerstone's recent announcement, an option to JV with the exploration costs shared with VALE or another mining company. I am convinced that there is at least one JV or option already in the pipeline.