Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals

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.

Add To Watchlist

OTCPK:KATFF - Post Discussion

Katanga Mining Ltd Ord > TECHNICAL ANALYSIS UPDATE (very bullish)

View:

Post by Telmelcel on Jun 13, 2018 7:54pm

TECHNICAL ANALYSIS UPDATE (very bullish)

Everything I already mentioned still in place.
we are above upper bollinger band. Our macd fast line just crossed zero neutral line and slow one following it closely EXTREMELY BULLISH.
I AM NOT SURE HOW MANY SHORTS ARE THERE LEFT. BETTER COVER. GONNA GO VERY HARD VERY HIGH.

197

Comment

Comment by mikerosoft667 on Jun 13, 2018 11:23pm

This post has been removed in accordance with Community Policy

Comment by bigguy56 on Jun 13, 2018 11:56pm

I believe that today's action can be fairly easily explained and the Bulls are in control. I was watching the stock all day with the intention of selling some of my position at the end of the trading day. I was lucky enough to get in at 1.10 when the good news about the settlement broke. I was watching today's action with pleasure until it started to fall at about 2:20. However, it is ...more

243

Comment

Comment by bigguy56 on Jun 14, 2018 12:07am

This is the key statement from the press release: "The recapitalization plan will be formally effected on the date that KCC completes the necessary corporate proceedings to approve the Settlement Agreement. These proceedings are expected to be completed on a date within the next two weeks (the Closing Date). On the Closing Date, Gcamines will withdraw the legal proceedings it commenced on ...more

249

Comment