OTCPK:KATFF - Post by User
Comment by
montrealislifeon Oct 22, 2017 10:01am
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Post# 26841911
RE:Reason for price action speculation ....
RE:Reason for price action speculation ....i like the theory that the #1 reason for the massive action recently is that a buy out offer from GLEN is imminent.
I agree with the above statement. Although many cobalt producers/wanna be producrers have moved up , the action on "KAT" has been stellar to say the least. Your buyout theory is valid, along with the statement that the mine will be coming on line soon. In addition the recent "Cathode conference" experts interviewed, have indicated firmness to increasing cobalt prices for the future. Lots of positives for KAT.
Let's see how this plays out. Great insight CHINMUSIK.