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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 5:42pm
96 Views
Post# 29161758

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

RE:RE:RE:RE:RE:RE:Welcome to 2019 - Just picked up 14K shares of KATFF at 0.36Well,  funny you should ask as I was hoping to see how people here had hedged their bets.  I've bought quite a bit of Sherritt myself a bit of giga and thought abought dabbling in cobalt 27 
  Thus far I've had my butt handed to me on my sherritt play and I am exactly even on giga.  I still like Sherritt though dispite this year's performance.

  On a tangent,  and back to me harping on the whole stability thing I just realized a poster questioned how KAT could ever be "worthless".  

  Well,  in an armageddon type scenario the DRC descends into full scale civil war and the asset is taken over by other parties, destroyed in fighting,  or they are unable to get any product to market.  Any of which would render KAT worthless.  While this may not be the most likely scenario it is certainly a plausible one and frankly I'm shocked that there are investors on this board that have not even considered this.

Anyway,  I've said my peace on this issue now.  I wish everyone here the best of luck next year and hope the 8-10 bag play this could be works out.  From my perspective you deserve every dime you make on this.
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