Replies to post #152914 on KAT Exploration Inc (KATX)

[louieforpar]

perhaps katx's geo did not have that level of education and got it wrong.then they sent in a real geo and the results were horrible,hence the silence/no word on phase two.

[gump90]

mappo not every geologist can relate to what it takes to be a mineable grade across a mineable width. And the paramaters are different for open pit bulk mining and underground mining. Those grade / width combos at H C are NOT attractive for underground mining. For starters the widths are small. This means the grades must be higher .. MUCH higher than they found at H C to be attractive. That H C stuff is called Leaverite .. Leave Her Right There !! LOL. Run that by your friend.

[geo_newfie]

Mappo - everyone can read a simple drill result, even a bird. To those people, having gold above background levels in all 12 holes on HC seem like a dream situation. However, those same people do not know how to interpret the results. Even a college freshman does not have the knowledge to make that interpretation. A little knowledge is dangerous in this game.

Sorry but your argument or line of reasoning does not work in the real world.

Sounds like your paleontologist is sticking with majors, not juniors. Heck I know some non-geologists that own 2-3 major mining companies too. I even know some hydrogeologists that own some major and minor exploration companies, but guess what, they have no idea what the drilling results mean.

Are you sure you did not leave out some info when you PhD geo talked to you about the results?? Quote "He said the HC results are good", or was it more like "the HC results are a good start to an exploration program". Devils in the details....