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.

OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord

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Comment by TAPickson Apr 28, 2011 9:03am

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Post# 18499382

RE: Too early on this one but looking good now

Katanga Mining Limited (TSX: KAT)Katanga Mining continues to move on and passes my initial target of $2.10 that I talked about on April 21st closing at $2.17 yesterday. Second target is $2.20 (top of trend line on chart) and we may see that today if we have good day. From the trend line bounce at $1.67, which should have been the right entry, it has posted gains so far of 29.9% and is due for a correction soon. Indicators are still not overbought and there's a possibility the price goes outside of the trend line to make the indicators peak before it turns south.