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Bullboard - Stock Discussion Forum 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 Discussion

Katanga Mining Ltd Ord > Building momentum!
View:
Post by Matty19720508 on Jan 21, 2019 10:45pm

Building momentum!

3 Days of higer highs and higer lows , resistance @ 0.78 Support @. 0.63 , Copper prices holding @ 2.68....GLTA
Comment by Cassius1977 on Jan 22, 2019 10:03am
I truly believe that there will have to be a decisive resolution to the elections before investors come back in.  That could be weeks or months.  The fat lady still hasn't sung............Fayulu has declared himself the presedent of the DRC.   Unless or untill,  it is no longer contested I expect KAT to be constrained.
Comment by topdop on Jan 22, 2019 11:53am
Much as I would like to disagree, ufortunately, I believe @Cassius1977 may well be correct. ... meaning months and months remain yet before KAT might claw its own way up by way of positive, fundamental operational results. And until that time (Q3?), the only "action" in KAT is going to continue to be a few random Retailers and/or Momentum folks coming and going, both to be considered ...more  
Comment by Lech1988 on Jan 22, 2019 1:01pm
Which is healthy I think.  Better for the stock to trade off fundamentals and real results than empty price action from day traders.  There will be enough interest as the ramp continues throughout the year that we will trend higher until the additional revenue from clearing the cobalt backlog starts to generate buckets of free cashflow and we see explosive share price action as a result ...more  
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