Katanga Mining Ltd Ord KATFF

RE:RE:RE:RE:RE:RE:RE:and KAT reaches a new low... in recent memory

[MrIceman]

What a boring day, a boring week, and a very boring stock. It seems like nobody wants this stock to go up, but at the same time KAT refuses to close below .40. Very peculiar. The daily volume of 25k is just a joke. I doubled the daily volume to 50k with my 25k trade at the last minute. The volume is so thin you can not buy nor sell at all.

Why would anyone hold this stock if it doesn't go up? "But it doesn't go down either". I hear you. But You and I can make money elsewhere and come back when KAT starts to move. The 14th of May taught us that the price will not get out of your hands. Just wait the next day, and buy more at a lower price.

BTW It's so funny that the announcement of ramp-up made the stock price rise from .20 to 2.80 in 2017 even before the mine was producing anything! Just ridiculous. Why would someone buy a single share at 2.50 or more before the ramp-up was completed? It didn't make any sense.

Now the EV market is looking good and the production is up and running yet the stock trades at .40. It seems like nothing positive is priced in at the moment. Maybe this is the best time ever to buy. Only the time will tell. At least this is a better moment to buy than buying at 2.80 in December of 2017 or buying at 1.50 just 12 months ago. Go figure.