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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

Post by bigguy56on Dec 07, 2018 7:27pm
174 Views
Post# 29085557

my price point(s)

my price point(s)
I got a little overexcited about this in the summer. I was between contracts snacking in my kitchen when the news came, during the trading day, that all the problems od KAT's world were solved. Heady from another trading success on another symbol, I piled in from 1.10 up to 1.40 in several accounts. So I hung on, with no idea where the bottom was. I doubled down at .70 in one account, leading to an average of around a buck, and at .66 and .48 in another account for an average of .72. This recent bad news occurred at around .70, that is why I was posting about it. It pulled the stock down into the .40's. Patience is the key. Let things sort themselves out. I see risk here, but am prepared to wait it out. The world is a volatile place these days. I hope I am up in February, at least in the one account, if not both. I am overweighted here relative to anything else I am doing. Would like to lighten up if possible.
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