Replies to post #164704 on Golkor Inc (GKOR)

[mappo]

Mtaylor1234 --- Thanks for the great

BULLSEYE map. and the great looking photo of the Harbor.
You are right, some people just want to ignore the importance of being hooked up to VALE.

Yes, possible billions worth for the VALE-LUCKY Deal when becomes JV reality.
KATX will receive 20% of all future net profits.

Like I said, this VALE-LUCKY Agreement alone is worth all the risk.
Thanks again Mtaylor.
Good job.


See post #150551, Vale-Lucky Agreement.


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[popeyemag]

I agree it does look promising. I still question why they cannot get full funding, haven't drilled 2nd phase of Handcamp and will not PR anything. I have talked to Ken on the phone and through emails and he contradicts himself all the time. Either you have funding or it is an issue. On the phone he told me funding was not an issue, then he told me it was coming soon. He also stated that he and others had only received two paychecks and haven't received anything since January. If funding was not an issue he and others would be paid. On the phone he also stated without a doubt 2nd phase of Handcamp would be started this summer. Well summer is almost over and still nothing. A very simple issue was when he told me a full time secretary would be starting on the following Monday. That was months ago and still nothing. KATX still could hit it big time and I guess that's why many longs are still hanging around.

[Popunjay]

not sure if you're aware of this, but:

1 - vale let most of those claims in the first picture lapse so it is a bit out of date.

2- the lucky property is not even on the map you posted (2nd image)

[mappo]

Popunjay, look again, those are the claims that VALE is now keeping and working on, all surrounding N. LUCKY.

Those claims VALE dropped are now those green areas.
Remember, VALE staked the whole peninsula to begin with, now just keeping those that are all surrounding N LUCKY,
that's why N. LUCKY is now the BULLSEYE of the whole VALE-LUCKY Agreement.

Mtaylor is correct, the deal could possibly mean billions.
Very exciting indeed.



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[B402]

MTaylor...Nearly all those claims were cancelled by Vale..

Sometime Ago
They move pretty fast
Luckys claim was in Katx's Name
so we can't be certain about that any longer either..

BTW Katx was Pumped Hard,,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62306509&txt2find=prolific

Vales cancelled Claims (Credit to Usafa for the DD
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61727597&txt2find=cancelled

Here is a compilation of the claims in the Bonavista area that Vale Exploration of Canada cancelled yesterday to include their forfeited deposits and the actual expenditure amounts...pretty impressive.

017005M
Year 1 work report consists of prospecting, and soil sampling. $6724.27 refunded and $6075.73 forfeited of the staking security deposit (rec# 56793160) 2011.04.04.
Actual expenditures: $26,897.06

017006M
Year 1 work report consists of prospecting, and soil sampling. $3901.74 refunded and $8898.26 forfeited of the staking security deposit (rec# 56793161) 2011.04.04.
Actual expenditures: $15,606.97

017007M
Year 1 work report consists of prospecting and soil sampling. $3194.61 refunded and $9605.39 forfeited of the staking security deposit (rec# 56793162) 2011.04.04.
Actual expenditures: $12,778.44

017008M
Year 1 work report consists of prospecting and rock sampling. $7277.46 refunded and $5522.54 forfeited of the staking security deposit (rec# 56793163) 2011.04.04.
Actual expenditures: $29,109.84

017010M
Year 1 work report consists of prospecting and rock sampling. $1538.49 refunded and $11261.51 forfeited of the staking security deposit (rec# 56793572) 2011.04.04.
Actual expenditures: $6,153.96

017011M
Year 1 work report consists of prospecting and rock sampling. $5518.26 refunded and $7281.74 forfeited of the staking security deposit (rec# 56793573) 2011.04.04.
Actual expenditures: $22,073.02

017012M
Year 1 work report consists of prospecting and rock sampling. $2192.65 refunded and $10607.35 forfeited of the staking security deposit (rec# 56793574) 2011.04.04.
Actual expenditures: $8,770.61

017013M
Year 1 work report consists of prospecting and rock sampling. $1762.56 refunded and $987.44 forfeited of the staking security deposit (rec# 56793575) 2011.04.04.
Actual expenditures: $7,050.24

[skyhawk66]

Mtaylor1234, Wow! The Future looks Bright for Katx, Thanks for the pictures and maps :)
Go Katx
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66825160

[mappo]

B402 -- Try to look closely again.

Those green area were the claims dropped by VALE, but not the ones that tightly wrapping around N. LUCKY.
Now N. LUCKY is the BULLSEYE of the whole area.

Remember, VALE staked the whole Peninsula to begin with, costed them almost a million dollars.

Now the VALE geo-team finally traced all the way to N. LUCKY.
They did alot of works during the last few months.
Looking great.

[Funaboard]

Since mining development in Canada is a provincial responsibility, the Government of Newfoundland is also directly involved. Wanting to maximize their financial benefits, this government recently changed its mining laws to state that all minerals mined in the province must be smelted and refined there. Royalities and taxation are also provincially determined.

http://www.cbc.ca/news/canada/newfoundland-labrador/story/2010/06/28/vale-long-harbour.html

KATX North Lucky is why my $$$ is here



Initial construction work on the Long Harbour Processing Plant began in April 2009 after successful development of a hydrometallurgical processing flowsheet at the Argentia Demonstration Plant. The Processing Plant will utilize state-of-the-art hydromet technology to process nickel concentrate from the Voisey’s Bay Operation. Construction at Long Harbour is expected to be completed in February 2013.

http://www.cbc.ca/news/canada/newfoundland-labrador/story/2010/06/28/vale-long-harbour.html

[Funaboard]

Voisey’s Bay Project Configuration The project is being developed
at two sites about 1,200 kilometres apart

• The mine & concentrator has
been constructed at Voisey’s
Bay.

• The hydromet demonstration
plant has been built in
Argentia, Newfoundland.
The commercial plant will be
built in Long Harbour,
Newfoundland.


• Both sites require extensive
infrastructure such as port
facilities, power supply, water
supply and roads

• At Voisey’s Bay an airport and
accommodation complex was
developed

http://www.neia.org/PlacentiaBay/BrendaBrown.pdf

Looks Like KATX is at the right place at the right time!!!

[mappo]

Great looking map.

[mappo]

Agree, N. LUCKY is indeed
the BULLSEYE of the whole area.
Great map.


See post #157628, all updates.




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[mappo]

Mtaylor -- Great post, nice looking BULLSEYE mao.
Think, 20% of all future net profits.

[mappo]

Mtaylor, agree, this BULLSEYE may make
Newfoundland very very famous.
When JV with VALE, KATX will get 20% of all future net profits.
That alone possible means millions of $$$ each year for decades to come.
Exciting.


see post #150551, Vale-Lucky Agreement.





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[mappo]

Mtaylor -- Good looking BULLSEYE.

Early results showed 8 miles of Copper at depth of 300 feet.
Amazing.

Great post Mtaylor.
keep digging my friend.

see post #161656, Vale's new Giant Processing Plant to be completed in about 17 more months.



..

[mappo]

Agree, KAT did not get pumped, we are.
You are right,
the VALE-LUCKY deal possible means billions of $$$.
And KATX will get 20% of all future net profits when JV starts.


see post #150551, VALE-LUCKY Agreement.




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[mappo]

Mtaylor1234 -- Love that BULLSEYE.
Great post on VALE-LUCKY.

See post #121889, REE, Rusty Ridge.
See post #164504, REE. prices.



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[mappo]

Since the N LUCKY becomes the BULLSEYE,
many many postrers are glued here everyday even during the 4-day long weekend.
Posters are so loyal to this KATX BOARD. Amazing.
True, the VALE-LUCKY Deal could mean billions.
We have to watch for PR/news constantly.
It may come without warning.

[mappo]

eiddle -- Take a look at
the map.. provided by Mtaylor.
S. Lucky is smaller,
now the VALE's geo-team has zero'd in to the BULLSEYE at N. LUCKY.
The map shows clearly that all VALE'S claims are surounding the N. LUCKY.

see post #165123, more on LUCKY,
possible worth many many billions for the Agreement.
Patience.


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[mappo]

Jayree, here it is : BULLSEYE.
That's the LUCKY property.

also:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66174647

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[mappo]

Great post,
great location with deep-water harbor.
Great for all mining companies to invest in Newfoundland.