Katanga Mining Ltd Ord KATFF

Buyout outcome

[johnny54]

Would it really be that bad to be bought out by Glencore? They will lowball the offer because they have control over it but wouldn’t we at least have a real chance of the sp growth through them?

This thing is only getting worst by the day. A quick day trade is turning into a 2 year trade in sure many of us tried riding that blast up to 2 bucks and are sitting ducks. 

Also this may be a dumb question but is it bad to have your set sell because I’m sure most of us do at a much higher SP does that not make it look like there’s way more sellers then buyers and contribute to the price coming down day by day?

I hit the housing market five times over and saw that those prices were going to come down so decided to come over to investing really questioning my decision aware this could be a blessing in the disguise but growing impatient. 

With all the promise this company presents whether we being Mislead or not I can’t believe that people would sell at these low prices it’s ridiculous but I guess not everybody has the joy of giving something time to develope. 

 I look at  it like this you put a deposit on a new build house takes a year and a half to be built and you can make anywhere from 100 to 350,000 those were the last two bills I did so if you put money here for year and a half let’s see what I can become I’m already six months in.  

 Last time this thing dropped all the way down to $.70 I caught it and sold it 85 and made 20,000 a day so I think this thing set me up for some fools gold .  I’m aware of this thing will recover let’s hope if it is a given a legitimate chance but I don’t know if that’s possible anymore

[malaka66]

Yes......SHLD (in bankruptcy now) is taking them over.....2 ships going down together