Replies to post #97332 on KAT Exploration Inc (KATX)
09/22/10 2:37 PM
DD on R. Dean Fraser, our new P. Geo and Geophysicist:
...please feel free to add on or include any other DD you might have (maybe in reply to this post).
He's a Director of Golden Dory Resources Corp. (TSX.V: GDR.V), formerly 540 Capital Corp.
Their website: http://www.goldendoryresources.com/
iHub board: http://ih.advfn.com/p.php?pid=squote&symbol=GDR
Quote:
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Capital Structure
Shares Outstanding 33,562,063
Warrants (2.5M/$0.20, 3.1M/$0.35, 1.76M/$0.40, 600K/$0.10, 1.87M/$0.15) 12,316,031
Broker Warrants (487K/$0.35, 250K/$0.20, 500K/$0.10) 1,437,339
Options (Directors, employees, consultants @ $0.25) 1,780,000
Options (540 Capital) 125,000
Fully Diluted 49,220,433
Trading Symbol: TSX.V – GDR
52 Week Trading Range $0.14 - $0.04
http://www.goldendoryresources.com/?page_id=63
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Quote:
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Golden Dory Resources Corp. (Golden Dory), formerly 540 Capital Corp.is a junior mineral exploration company focused on developing gold, base metal and uranium properties in Newfoundland and Labrador. The Company's properties include Burin, Brady, Little Rattling Rock, Pilley's Island, Gabbro Lake (Sims Ridge) and Huxter Lane. As of June 30, 2009, The Brady property consisted of 419 claims in 11 licenses. As of June 30, 2009, the Company acquired 3135 claims (46 licenses) in four properties, collectively called the Burin Project. The properties include Grand Beach, Lawn, Salmonier Hill and Gisborne Lake. The Little Rattling Property lies to the east and south of the communities of Bishop's Falls and Grand Falls-Windsor. The Pilley's Island property is located on Pilley's Island in northeastern Newfoundland. On August 26, 2008, 540 Capital Corp. completed its qualifying transaction with Golden Dory Resources Ltd. (DORY), pursuant to which 540 Capital Corp. acquired DORY.
https://markets.ft.com/tearsheets/businessProfile.asp?s=GDR%3ACVE
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Golden Dory has the following institutional investor:
Kingsmont Investment Management, Inc. 2.94million 11.30% as of 31 Dec 2009.
Here's a PR about their joint-venture with a couple other exploration companies trading on the TSX:
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HALIFAX, Nov. 24 /CNW/ - Royal Roads Corp. (RRO-TSX-V) ("Royal Roads"), Benton Resources Corp. (BTC-TSX-V) ("Benton") and Golden Dory Resources Limited ("Golden Dory") (a wholly owned subsidiary of 540 Capital Corp, (FA-TSX-V) ("540")) are pleased to announce that they have entered into a joint venture agreement on a 222 km2 property in central Newfoundland, to explore a newly recognized environment prospective for magmatic nickel sulphide deposits.
http://www.istockanalyst.com/article/viewiStockNews/articleid/2828211
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I noticed on this page in Golden Dory's "project" tab (http://www.goldendoryresources.com/index.php?page_id=68&sub_page=76), that it mentions a wind farm and has a pic, but I'm not sure how the wind farm relates to Golden Dory. If it's their's then, perhaps they're earning carbon credits to be sold in the carbon market. Is that what the previous PR was mentioning? Some of you know my thoughts on the whole carbon credit deal, but that's a conversation for another day. I only mentioned it here for informational purposes.
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Along with the new listing, our Consultants will assist in increasing shareholder value by diversifying and adding "Carbon Credit" projects into KAT's portfolio of assets. It is expected that these projects will generate significant amounts of revenue to KAT's bottom line financials. A choice of Carbon Credit projects in Brazil and Sierra Leone are being considered at this time. KAT believes that adding a piece of carbon credit assets to its portfolio will greatly enhance shareholder value.
http://www.marketwire.com/press-release/KAT-Exploration-Retires-Additional-300-Million-Shares-Engages-New-Consulting-Group-Dual-1185446.htm
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Anyways, hope this will get the DD ball rolling here. Gotta run, sorry I couldn't provide more DD as of yet with this guy.
-Biochemist2002
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52021462
stockgonewild's post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54701412
Tim Froude was the senior VP of Crosshair in 2006. Now he works for RockBridge chasing REE's in Newfoundland. Worked for Conerstone...He also works for Golden Dory Resources Ltd. He's the real deal.
Click the link below Tim Froude's profile. Scroll down and see who the Crosshairs General Manager of exploration was(J. Wayne Pickett, P. Geo)... These guys have been excited about Rusty Ridge's potential for over a decade now and have seem to come back together again to finally drill it...drilling Rusty Ridge will be an historical moment for all of us imo
Timothy Froude, P.Geo., Senior VP Exploration: Extensive experience in Newfoundland geology and mineral deposits; instrumental in building property portfolio at Cornerstone Resources; previous successes include discovery of Valentine Lake gold prospect for BP and involvement in discovery of Bobby Pond's VMS deposit for Inco.
Timothy Froude graduated from the Memorial University of Newfoundland in May 1988 with a Bachelor of Science (Geology) degree. Mr. Froude is past Executive Director of the Newfoundland and Labrador Chamber of Mineral Resources, where he remains a director. He is a member of the Associate Fellow Geological Association of Canada (GAC) and the Association of Professional Engineers and Geoscientists of Newfoundland (APEGN).
http://www.callcenterme.com/email-hosting/acamar/36/newsletter.html
You can see his picture on page 2 of this link. He is also the Chair of the chamber of mineral resorces for Newfoundland and Labrador.
http://www.mining-journal.com/__data/assets/supplement_file_attachment/0008/129491/Nfld-supplement-MJ-scrv2.pdf
05/08/11 10:25 PM
Several of the giant IOCG deposits belong to the Olympic Dam sub-type (e.g. 600 Mt Manto Verde and 470 Mt La Candelaria), fewer belong to the other sub-types (e.g. Cloncurry sub-type 789 Mt Salobo deposit; Table 2). The Phalaborwa deposit (Table 2) is presently the world's second largest copper mine and has by-products of Au, Ag, platinum group metals, magnetite, P, U, Zr, REE, Ni, Se, Te, and Bi (Leroy, 1992). The Bayan Obo deposit hosts the world's largest resource of rare earths, and is presently the principal rare-earths producer (Orris and Grauch, 2002). In Canada, the largest IOCG deposit is the 42 Mt NICO deposit (Lou Lake) of the Cloncurry sub-type, while the 17 Mt Sue-Dianne deposit of the Olympic Dam sub-type contains metals comparable to those of the Starra deposit in the Cloncurry district (Table 2). It is currently undergoing feasibility studies.
09/23/13 12:04 PM
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