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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 Jan 02, 2019 3:39pm
92 Views
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


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