Replies to post #212871 on KAT Exploration Inc (KATX)

[wshaw14]

LMFAO, where did they say they could not protect the property? Standard BS

[TinkerBelle]

Quite interesting that KAT says 'mining concessions in Ghana' (Plural)

Do they have another besides Ekom Eya?

We have limited financial resources which prevents us from securing our mining concessions in Ghana from bandits and other detrimental threats, particularly during the rainy season when we have minimal exploration activities.

We do not have the financial resources to adequately protect our Ghanaian mining concessions from potential “claim jumping” and other threats to the betterment of our concessions predominantly due to the respective land size of these concessions. The minerals commission in Ghana does not police or enforce the propriety of these concessions. It is the sole responsibility of the concession owner.

Significant unauthorized mining or other unauthorized activities may result in our inability to develop any commercially viable resources in Ghana.