Replies to post #104878 on KAT Exploration Inc (KATX)

[RockyMountainHigh]

This is the week for Mr. Stead and Kat Explorations. I can remember some folks last PDAC Conference getting excited then last March. But in my opionion...he didnt have jack then,,, and now he has drill cores and jv options , not to mention Rusty Ridge, and copper , with Vale...

I am definetley more excited and will put my order in Monday AM as I think this is the week for this company after this previous year. Very excited ....

200k Monday Morning 7's are great!

Good luck to all.

[patriots33]

"The whole thing is rapidly coming to a head now"

Your 100 percent correct! Very smart thinking. Person marked :) The Mining convention is next week and I expect firework news from katx/Katg.

Load up your shares, I am glad I did.

[Biochemist2002]

KATX does not need to increase the A/S. They've consistently reduced the float numerous times, even by another 41+ million shares this last quarter.

As for KATG, they could easily raise $10 million by offering the private investors 20 million shares ($0.50 per share) or 50 million shares at $0.20 per share. The float would still be low, and they would not have to increase the A/S.

The Company is in discussions with prospective investors to provide additional funding in exchange for equity.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7519490

KATG could just offer some kind of private placement...X shares for X dollars.

Private Placement

What Does Private Placement Mean?
The sale of securities to a relatively small number of select investors as a way of raising capital. Investors involved in private placements are usually large banks, mutual funds, insurance companies and pension funds. Private placement is the opposite of a public issue, in which securities are made available for sale on the open market.

Investopedia explains Private Placement
Since a private placement is offered to a few, select individuals, the placement does not have to be registered with the Securities and Exchange Commission. In many cases, detailed financial information is not disclosed and a the need for a prospectus is waived. Finally, since the placements are private rather than public, the average investor is only made aware of the placement after it has occurred.