Replies to post #154761 on KAT Exploration Inc (KATX)

[solidgold]

Thanks Geo for the fresh air of truth.

[TinkerBelle]

Homevendor stated that the "proximity" ie closeness of the new Vale Plant will add to the "cheap-ness" ie not having to ship the Copper Ore from far away. Read the post again.

Can you show us where Vale surrounded a property with 300 miles of leases before?....Not counting Voisey Bay?

I notice you did not touch on the part Homevendor mentioned about Vale "when the plant is complete" being able to process copper ore cheaper than any plant in the World! Glad you agree about that.

Again a Quote from Doubloon "Personally I am sure a j/v is coming." Are you going to say his opinion is "Babble" as well? You also did not mention the "timing issue" as investor 911 pointed out and Homevendor pointed to as a indication of a Zambian style deposit Quote from 911 ..."Remember: VALE INCO acquired those claims on 12/11/09 after KATX released Lucky Property copper discovery PR on 11/23/2009."
http://ih.advfn.com/p.php?pid=nmona&cb=1267833742&article=40470975&symbol=NO^KATX
Doubloon link http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45957235
Investor911 link http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45957897
VALE CLAIM 300 SQUARE MILES http://investorshub.advfn.com/uimage/uploads/2010/1/26/wztwsVale_Claims.JPG
PHOTO OF INITAL CLAIMS http://investorshub.advfn.com/uimage/uploads/2010/1/27/rskxhClaims_Visuals.JPG

PHOTO OF CURRENT CLAIMS North Lucky property. http://www.facebook.com/photo.php?fbid=202493829781339&set=o.283084523208&type=1

Finally this "Babble" you speak of is actually thoughts and ideas of such posters as Doubloon, Investor 911, Sterling, Biochem, and Rick UK.

[mappo]

geo-newfie ..... Sounded like you
know more than those guys who work for VALE.
First of all, the New Processing Plant is not completed yet,
and you already jumped to say it won't have anything to do with LUCKY.
Secondly, you treated VALE as if they are fooling around with tons of money just for fun.
You made it sounded like as if VALE's agreement with anybody is just for fun, not worth a sheet at all.
Have you ever managed a mining company before ?

[eiddle]

Geo.. I find this as an excellent assessment of the Vale/Katx relations. Vale comes in and claims everything they can. Lucky already taken by Katx, option agreement, cheap. If minerals found both companies profit according to their abilities, basically. Vale drops all claims except the one's around N Lucky, and when Vale is done doing their initial exploration work on their remaining claims and Lucky properties we will know more. Very business like. JMO