Replies to post #154709 on KAT Exploration Inc (KATX)

[mappo]

Homevendor .... Great post.
I had seen the video on the construction of the New Processing Plant.
It is bigger than a college campus. Like a town by itself.
Vale will hire at least 500 miners to begin with.
That place will be good for all other businesses.
Good for Newfoundland, and Canada.
Bet most of VALE's products will be sold to China & the USA.
Thanks HV.

[sparkly1]

If I could do a thumbs up on your post, I sure would.

[geo_newfie]

Great dream...

HV (or should I address BMB as this is his babble)...

Where to begin...

1. "first off...if the NI-43-101 were complete and it was worth well over 5 Billion Dollars:

IF, good choice of words. So no NI 43-101 exists, but based on your massive amounts of resource based estimate experience using no drilling information you came up with $5 billion. Interesting.

2. Copper at the surface, 300 ft thick in places. Good indications to support getting the property, but does not guarantee anything economically. 300 feet is the maximum, but what is the average thickness?? What is the average grade? These are just two of many questions that will determine if there is anything worth mining.

3. Vale can afford to surround them with their deep pockets, make a quick deal then figure out if it is worth the trouble. If you want to see a real claims rush look at what is happening in the Yukon!

4. The plant has nothing.. let me make myself clear... NOTHING to do with Lucky. The NL government forced Vale to build a plant in order to keep jobs in NL. All your evidence related to the plant has nothing to do with Lucky.

So I hope I make myself clear that you still have not provided evidence to support YOUR claim of KATX and Vale working on a Zambia Style Cu belt.