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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 Cassius1977on Dec 27, 2018 4:20pm
73 Views
Post# 29161280

RE:RE:RE:RE:Welcome to 2019 - Just picked up 14K shares of KATFF at 0.36

RE:RE:RE:RE:Welcome to 2019 - Just picked up 14K shares of KATFF at 0.36Why diversify?  Well,  I would argue that nobody knows what the devil's plan for the Congo is and as such it is a roll of the dice.   I would also agree that a large glut of cobalt is highly unlikely given it's limitless demand potential and lack of availibility.  

 The reason I decided not to invest in KAT was specifically because of the dysfuncion in the DRC.  They have never had a peaceful transfer of power and are so backwards that their military has been caught giving arms to rebel groups.  Even today,  during what I would describe as justified anger at the government for being excluded from the voting process people stormed a forgien funded ebola isolation center to vent.  Yes,  that's right,  they raided an ebola isolation center..........Wow just wow.

Good luck,  I don't consider myself a timid investor but the DRC is too much for me.  Things could just as easily stablize as the could go off the rails,  I know.  It's just it has a long history of the latter.

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