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Katanga Mining Ltd Ord KATFF

Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.


OTCPK:KATFF - Post by User

Comment by johnny54on Nov 15, 2018 6:53am
125 Views
Post# 28978160

RE:RE:RE:RE:RE:RE:Q3 Financials

RE:RE:RE:RE:RE:RE:Q3 FinancialsThey want to buy this thing out before it gets to big. Someone needs to buy us. Anyone who follows glencore have they ever been known to sell off a mine in situations like this? Because from what I understand they are supposed to be experienced experts when dealing with shady governments in countries. 

Also topdop when the minining company you mentioned got bought out for 6 times it’s orginal bid. That would mean if for example this drops to 25 cents SP we could possiblely see that number multiplied by 6 or does it go more on moving averages or compariable companies?

i was part of a buyout this year with CPTO and we got completely shafted and they gave us 43 percent of a 100 day trading average I believe all I know is I had a .79 avg day stock sold it was at .5 and I end up with a 1.83 avg on a stock that today is .05 cents lol

i mean that stock was a scam to begin with and I got stuck in on a day trade. But this being such a big operation and valuable mine does anyone see us getting shafted in a similar way if sp continues to go down?
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