Mr. GUMP90, clearly, the focus is on the properties KATX now holds.
As shareholders, we do not own shares in sold, cancelled or dropped properties. We own shares in the EXISTING KATX properties.
Not only does KATX still have South Lucky, but it even expanded that property and guess what? Vale did not cancel the agreement with KATX, and no matter what was sold, transferred or exchanged, KATX definitely owns a larger South Lucky than it used to have. VALE certainly knows how to cancel agreements, and surely knows how to disengage. However, VALE did not break away from KATX!!!
In my opinion, South Lucky is spot on in VALE’s crosshairs.
Yet, VALE (a humongous mining company), and KATX ( a junior exploration company), remain in an unusual partnership. No matter what some would like us to believe, that very interesting association still stands and did not disappear or crumble!
I’m with KATX and VALE!
No amount of negative opinions can change the reality of VALE and KATX remaining linked.
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