Replies to post #141683 on KAT Exploration Inc (KATX)

[ShortonCash]

That is just not true...

It is if the mineralization trend is continued onto your property, but if the trend is N-S and you own the property to the West, then it just ain't happening for you...

There are a lot of factors that determine where the mineralization is, proximity to other mineralization is not necessarily one of those...


It's like when posters here tout the size of our claims. The size of the claim is meaningless in that you can't take a few drill holes, and then say "hey, we found 1.5% of XX element over 10m in a few spots, so our 4km x 8km property is lookin real good!" No, it's about the vein that the mineralization is in, and that may carry on to other properties, or it may not...

So tell us which way is the trend running... maybe along the fault line... which KATX has covered and that why Vale has the KATX site wrapped 360 degrees....IMO

What are your ifs based on...

[Eagle777]

There are a lot of factors that determine where the mineralization is, proximity to other mineralization is not necessarily one of those..

You could teach something to the supposed expert with 60 years of experience. They posted the utterly goofy statement yesterday that because Cornerstone's Red Cliff drill results of 6 holes were not good, that somehow was bad news for KATX's Lucky properties. 6 holes drilled determining the potential for several hundred square miles. How bizarre!

[chmcnfunds]

Sorry but it is true statistically which is what I was indicating. Obviously there are many factors and contingencies which determine mineralization. The point is that if a property in the vicinity has activity it behoove us to pay attention to what they are doing and finding. To suggest one should ignore what is happening in the area is to suggest putting one's head in the sand. We learn by observing and analyzing, not by denying information.

That other companies have referenced KATX in touting their own properties is important. Although I don't believe we have done likewise, as an investor I want to know what other companies are doing.

KATX/BVIG/KATG