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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

Comment by montrealislifeon Oct 22, 2017 10:01am
331 Views
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.
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