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Kennametal Inc V.KMT


Primary Symbol: KMT

Kennametal Inc. is an industrial technology company that delivers productivity to customers through materials science, tooling and wear-resistant solutions. The Company helps customers in the aerospace & defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders.


NYSE:KMT - Post by User

Post by atikaon Dec 10, 2016 1:30pm
119 Views
Post# 25580546

What's going on ?

What's going on ?After many months away from writing about Komet, it seems that something is cooking just before turkey's  Christmas time ! In fact, company announced recently that they are cash flow positive which is great among junior mining companies. More than that, and something I was desperatly hoping for, Komet said at the end of November that they were initiating exploration work - including drilling - on the Guiro project as well as on their recently acquired Moussala permit in Mali. It seems as well that their exploration costs will mostly be financed by their actual and increasing gold production. So the gold that is produced will be replaced by new discovered gold which gives sense to the  " Discovering by producing " slogan of the company.

By the way, 188,000 shares traded yesterday. Maybe somebody else knows something...
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