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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 > Cobalt up again today!
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Comment by tresspaseron Dec 01, 2017 3:52pm
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Post# 27074970

RE:Cobalt up again today!

RE:Cobalt up again today!Unfortunetely $10 bucks is forever gone, as is the body of my 20 year old girlfriend. KAT had a massive dilution in 2008, all the way to  1.9Million shares.  Stock holders got absoutley happered with the dilution.  Those shares are still there today.  You read about all this in the following article.

https://www.theglobeandmail.com/report-on-business/the-murky-battle-for-katanga/article1145986/

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However, Kat had a nice run up of .15 cents to over a buck as it increased compacity and restarted production.  If Cobalt continues to rise, it will incrimentally rise.  However, this stock will never ever pass $2.00 a share w/ 1.9 MILLION shares, it just won't happen. $2.00 is huge stretch.

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