News Focus
News Focus
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Liveingreenbay

06/15/10 3:28 PM

#63076 RE: snow #63075

Yada yada yada...Don't you have anything new to add to this board? Same old crap like a broken record.
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cheloo03

06/15/10 3:36 PM

#63083 RE: snow #63075

you're comparing costs, but you forget to compare potential revenues...
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Biochemist2002

06/15/10 3:59 PM

#63104 RE: snow #63075

Kat Exploration Secures up to $5 Million Funding With 50 Million Restricted Shares and Retires REG-D 504
MOUNT PEARL, NL--(Marketwire - January 15, 2010) - Kat Exploration Inc. (PINKSHEETS: KATX) www.katexploration.com

KAT Exploration has secured funding for up to $5 million. The funding contract guarantees $1 million over the next 6 months and the remaining $4 million to be delivered upon agreements within the contract being achieved over the course of the following 6 months of no specific date. The funding is to provide operational support for Kat for at least the next 5 years. The funding was secured with 50,000,000 restricted shares.

www.marketwire.com/press-release/Kat-Exploration-Secures-up-5-Million-Funding-With-50-Million-Restricted-Shares-Retires-1184994.htm


Oh ye of little faith. We already secured $5 million in funding just for exploration operations on properties that, as of that point in time, had not had that much proving completed. What makes you think we won't be able to secure twice that after VALE does all that exploration and likes what they see?

Trust me buddy, if Vale says they are willing to put up $40 million towards a feasibility study (because they like what they found in their drilling program), there will be many financiers willing to invest a mere $10 million for KAT Exploration to continue.