Replies to post #101480 on KAT Exploration Inc (KATX)

[pooter03]

Have they announced how many holes they are going to dig? That would help us estimate.

[Rick-UK]

The blog entry reads:

Kat Exploration Inc. is pleased to inform investors and others alike that the drilling equipment has been mobilized to the property and drilling will be initiated today. All will be informed of the progress of the drilling as the project proceeds.

[Biochemist2002]

Regarding RR timeframe:
I'm not a geo , but my friend is and these were his thoughts:

(BTW, two holes initially...really deep holes)

Let us just give it a round 1,500 m for arguement sake [talking about the total drilling depth altogether for the two holes on Rusty Ridge]. I would estimate that it would take at least three weeks to complete these borings if they have no delays, such as equipment problems, etc. If they plan on releasing all the results at one time in a reviewed document, then it will be at least another 2-3 weeks after the end of the drilling program before we get assays results; so a total of 1.5 months, but 2 months would not be overdue in my opinion. We are looking at mid-Dec. However, they have released photos in the past of ongoing operations without any descriptions. I would think they would continue that program and release some pictures of the site conditions and drill core. Since the targets are deep, we might expect something like that toward the end of Oct.

Also interesting:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55316669

[eddiebali]

Shareholders never allow for the inevitable delays.(weather poor target sites , mechanical breakdown)
Initiating drilling is not a significant event as the current SP shows.
In my opinion results will be slow coming from RR
Management need to fluff things up abit to steady the ship