OTCPK:KATFF - Post by User
Comment by
Cassius1977on Jan 02, 2019 3:39pm
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Post# 29178581
RE:Big Thing Coming
RE:Big Thing Coming I was just about to write a similar post then I saw yours. I think largely the SP is a reflection of potential political turmoil much more than any fundementals and most likely will remain so until investors are confident in a stable goverment.
While I agree that Fayulu would likely be the best candidate and also likely represent the will of the people I doubt that the existing regime will allow this to be reflected in the results which then means...............? Who knows.
The Congo, the entities that this company once were and region where this company operate have had a very dark and turbulent past. Many here it would seem are unfimiliar with the Kolwezi massacre, probably the worst story of a very long line of regional atrocities and conflict.
https://www.washingtonpost.com/archive/politics/1978/05/21/death-and-destruction-in-a-terrorized-city-in-zaire/767a9c14-db91-40fb-acca-11d84959532f/?utm_term=.5156528148f4
Hopefully, everything works out for the people of the DRC and shareholders of KAT and the DRC finially begins to move forward and realize the benefits of it's vast resource wealth.
https://www.ft.com/content/ebf3266c-0dd6-11e9-acdc-4d9976f1533b