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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

Bullboard Posts
Post by buickgson Apr 10, 2010 2:26am
633 Views
Post# 16977349

Billion plus

Billion plus
Gotta tell you guys I did DD and they are not stopping at a billion plus.  Co, is not worth the recent dilution so please beware...the price could go up but the value is still in the single digits.   If you want a sellable 5 bagger here then they need about 20 times their present mining ability with 80 times the reserves...rough math but it is in the ball park.....suggest you take a hard second look with a brighter light on the shares outstanding and the next pp  using past history as a benchmark.   

Good Co. but o/s is way to far out of whack.....note, ever see a billion $ junior with B+ o/s  ( and more to come ) ever not consolidate at between 10-1 and 1000-1????    You know what to expect, it's more history than science.
Bullboard Posts