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Bullboard - Stock Discussion Forum 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 Discussion

Katanga Mining Ltd Ord > At some point, KAT will be halted.
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Post by Stevercan on Jul 31, 2017 12:03pm

At some point, KAT will be halted.

Its been fun to play, but it has too much attention now. Here are a few other tidbits: 1. No new share options have been granted since 2014. 2. I emailed investor relations a few weeks back. Simple question and they never got back to me. 3. If this is so great, why did Glencore not buy up the remaining 16% at 20 cents? 4. Why would Glencore allow you and me to buy in and make money when they took all the risk? 5. Irregular payments are never a good sign and they knew about this long before the news came out. I predict it will be halted, Glencore writes off the loss against the parent. Buys the assets for next to nothing and KAT will be long gone. Total fresh start with no debt. If it gets halted, it probably will never re-open. Yes, Cobalt has value. I doubt we will ever see a penny (copper penny or not).
Comment by Wonnetr on Jul 31, 2017 12:23pm
Copper Penny's don't exist in Canada anymore.
Comment by Stevercan on Jul 31, 2017 12:32pm
...was an attempt at humour
Comment by sanddevil on Jul 31, 2017 12:44pm
Folks, I got out of KAT completely today.  I have been in for a while .....so.....      very unfortunate as KAT was in its way to several dollars per share.   They have a great deposit.   However, anytime the OSC announces it is investigating a company - that is bad news.     Very bad news.     Then it is followed up by KAT stating they are ...more  
Comment by Stevercan on Jul 31, 2017 1:13pm
totally agree. I was in the Sino Forest issue. Got out day 1. Anyone who stayed in lost everything.
Comment by shotfac on Jul 31, 2017 1:18pm
is this a conspiracy theory ?
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