Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

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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.

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OTCPK:KATFF - Post Discussion

Katanga Mining Ltd Ord > Nice to see some green again!

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Post by AstonMartin13 on Apr 14, 2020 11:34am

Nice to see some green again!

Still far away from break even but might be a start of a new rally.

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Comment by Sogosohubidu201 on Apr 14, 2020 12:49pm

May be some short shares covering. Short shares had been increasing from 1.2 million shares from Nover 15 last year and 3.2 million shares March 31 this year. Expect to see more short shares covering moving forward this year.

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Comment by AstonMartin13 on Apr 14, 2020 3:38pm

Hopefully it will spark some buying volume again.

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Comment by Sogosohubidu201 on Apr 14, 2020 4:43pm

It looks like breakout for the share price with 30% up and close to 1 million shares of volume today. There may be following buyings in the next few days. Q1 2020 production report may be out the end of this month or early next month. There is possibility that Q1 may be profitable.

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