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News Focus
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gump90

03/05/11 6:00 PM

#135809 RE: daggfish #135806

They have always been non-current in their reporting dates. Right now it's 3 months behind. Pretty soon it is all going to catch up on them. I think they are holding back on purpose. I could read the 'draw-downs'. I think it's like a line of credit they have .. subject to conditions they don't tell us. I am very skeptical. As of November 30 they were broke. $9,000 in the bank and payables a lot more than that. You have your opinion and I have mine. Incidentally I know how to read financial statements.
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Funaboard

03/05/11 8:35 PM

#135854 RE: daggfish #135806

"The silence is about to be broken and when it is I think we will all be blown away at just what these guys have been up to..."

Dagg, I like the sound of this!!!!

Thanks
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Funaboard

03/05/11 10:04 PM

#135869 RE: daggfish #135806

Great Post Dagg,

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60627376

Friends like you are hard to find, Thanks for your wisdom!!

With the recient filings this week I think news comming very soon.
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Gooddolphin

03/05/11 10:53 PM

#135875 RE: daggfish #135806

Well Put DAGGFISH!...
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phootballs

03/05/11 10:55 PM

#135876 RE: daggfish #135806

Thank you daggfish.

It is so refreshing to read your posts. I am here every day and am substantially invested in KAT. Reading some of these posts here reminds me of a bad horror movie. All of a sudden KAT and Ken Stead have become monsters from the Black Lagoon or something.
Seemingly what we pulled out of Handcamp and RR (according to some posters) was little more than mud.
Please, give me a break.
I am so excited about this company.
Excited about our relationship with Vale.
Excited about Handcamp's drilling which will be bumped up to a phase 2 and likely a phase 3.
I'm excited about the expanded claims around RR and the mention of REE's by the Premier of Newfoundland (and Ken Stead).
The prospects of all our properties yet to be drilled.
I like to list them ....least all of us forget KAT is not just about Rusty Ridge, Handcamp, and the Lucky's.

Cabot
Twilite
Shaylee
Colliers
Clifton

You know, all the reasons I invested in KATX are still in place....please refer to the 9 properties above.
After all is said and done, it will come down to what is in the ground, not the trite that is bantered back and forth here.
My faith hasn't waivered...nor has what is likely (in my opinion) to be discovered by the Steads.

Frankly, I am exhausted reading the same old negative viewpoints.
It is as if someone is leading the monster parade. It kind of reminds me of the Chinese dragon in parades...the head leads and shows the others where and how to follow...and just meanders along in circles.
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pro-trader

03/06/11 2:52 AM

#135899 RE: daggfish #135806

CANS SOMEONE EXPLAIN ME THIS PLEASE




http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=45448

Mr. Stead holds 131,686,808 shares ofthe Company's Common Stock and six
(6) shares ofthe Company's Series A Convertible Preferred Stock. Kenneth Stead's salary is $120,000 cdn per year.
Timothy Stead. Mr. Stead is a co-founder ofthe Company and is the Company's Vice President/Field Operations and is also a director. Mr. Stead is a trained mineral prospector. He was involved in field work with Cornerstone Resources, Inc. He has many years experience and knowledge working with SedimentHosted
Copper in eastern Newfoundland. He has also experience working with large sulphide deposits as well as gold.
Mr. Stead holds 118,394,168 shares of the Company's Common Stock. He holds five (5) shares of the Company's Series A Convertible Preferred Stock. Timothy Stead's compensation is $96,000 cdn per year.
Kenneth Stead and Timothy Stead are brothers.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=45448

Kat Exploration Secures up to $5 Million Funding With 50 Million Restricted Shares

http://ih.advfn.com/p.php?pid=nmona&article=41128631

NOW LETS ADD ALL THE ABOVE NUMBERS

131,686,808 Ken Stead
118,394,168 Tim Stead
50,000,000 "financing"
344,310,329 Float as of Nov. 30th which mysteriously been jacked 54 million
________________________
644,391,305 is the TOTAL

641,603,644 is what should be

with addition is more than the OS that Ken claims to be
it is not possible, but here is the explanation
remember longs last time I raised the question about the float??
was back in September
here we go again
the float will be reduced again
there is your answer for financing
no one can raise and lower the float like the AS
it has to be bought and sold
just like back in September was suppose to be 321 million
there was in a filing 332
when I complained after couple of weeks was announced 291 million
now suddenly 54 million more in the float
and we PASSED THE OS MAX TOO
something is wrong somewhere