Katanga Mining Ltd Ord KATFF

RE:RE:Any thoughts about the debt offer?

[bigguy56]

just to follow up on what I am saying... At one time I owned about 90000 shares. I doubled down (and these shares are included in that total) between .60 and .72. I sold some at a profit in one of my smaller accounts. Believing that February was a seasonal high, I sold over half of my largest position at that time. Since then I have made about 3-4k with that money and KAT has fallen to where it is. Good move. I will accumulate in the low 40's through the summer and hope to repeat this process next year, if nothign BAD happens between now and then. Hopefully I can get completely out of it. 

THis is not to say there is a reasonable speculative position here, as I have many of them. But that is not 90k shares.. 

Just a few days back I bought some shares of Mandalay Resources MND. Now there is speculation. It is sitting at .10. THey had a good earnings report that showed them breaking even. Did not move a muscle... I was surprised. Now there is a takeover target... and all this talk of consolidation in the Gold Mining business.