Katanga Mining Ltd Ord KATFF

KAT is too risky

[faboubi]

[crypsis]

High risk but high reward at this point no doubt.

[Vaudreuil]

This post has been removed in accordance with Community Policy

[Potash1968]

The risk as stated here in this FT article as saying; " embroiled in tough negotiations with DRC state mining company Gcamines in a bid to recapitalise its local Kamoto Copper Company — and prevent it being dissolved with the loss of its licences without compensation.  Now I call that the ultimate risk here !!

[stockfy]

I think both KAT and IVN are very risky plays. Their risk is way beyond average. The Government in Congo is unpredictable. This is what I get after reading all the recent developments. Just my two cents.   

[Vaudreuil]

This post has been removed in accordance with Community Policy

[Vaudreuil]

This post has been removed in accordance with Community Policy

[Potash1968]

Why woud you buy anything when the owner says we may be "dissolved with the loss of our licences without compensation".........Holy Cra_  !!!!!

[Brandonrr]

I am curious why spend so much time posting on a stock you have no interest in? seems to me you have alot of posts on this one stock

[Potash1968]

I bought KAT at .15 and rode it up nicely and Sold. I hold ECS and FT until they run and will sell those as well. I have followed this stock even after I sold because it had such great promise and I was curious to see how high it might go (yes even after I took profits). When the first news of the new mining law came out I had an inkling that Kabila might move  on KAT and sure as I am

[Brandonrr]

Fair enough, doesnt bother me that you post I was just curious....I bought at .28 and again at 1.12 but willing to take the risk to hold and see what happens here

[Bullish19]

Glencore has made its name by handling situations like this.. I get your point, but this is Glencore we are talking about. Risk/reward is big here!!