Replies to post #135607 on KAT Exploration Inc (KATX)

[B402]

9k Cash Ain't Much for Exploration, Agreed on the 2 mil, Must have been all the financers would do, 50 mil shares is not so bad.

Now it will be about Financing once more
(hopefully they will be more transparent)
Maybe A JV to help out

750k of that 2 mil went to salaries...
Everyone deserves to get paid
They did not sell any personal shares

Think they will give back the 160mil ?
really would help the OS

But now we know why only 2 holes at RR..cash imo

[gump90]

Sorry dagg I just don't believe that about the share count. I think they are hiding something. My original question about the first big financing a year ago still remains unanswered in my opinion. I think the Financiers are still drawing down shares beyond the 50 million originally reported. But now .. so what ? The First Quarter 2011 is now complete too .. Feb. 28. They can't uplist or merge with KATG without an audit so it's going to be another long wait for KATX corporate news. You might get news now from BVIG / KATG as to the financing of it. Re the Rusty drill results .. they are long long overdue and are probably weak. I think we are going back to a waiting mode again.

[evcantrade]

Thanks Dagg,,u r a steadying influence for me. That is invaluable !

[955]

Very well put. Just goes to show how well run this company is. A credit to the organization for sure.