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Bullboard - Stock Discussion Forum
Katanga Mining Ltd Ord
KATFF
Metals & Mining
Industrial Metals & Minerals
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.
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OTCPK:KATFF - Post Discussion
Katanga Mining Ltd Ord
> KAT is reacting to commodity prices now
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•••
mingzhu
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Post by
mingzhu
on Jun 19, 2018 12:05pm
KAT is reacting to commodity prices now
If copper goes below $3, cobalt below $35, then KAT will go below $1. Copper is 3.10, and cobalt is $36 at present.
(18)
•••
patels96
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Comment by
patels96
on Jun 19, 2018 12:17pm
You are 100% wrong...KAT was above $2 when Co & Cu were at the prices you stated. This is 100% an overreaction to the COO resigning and on top of that the on-going escalating trade war. Again if you are smart you would buy when people are fearful. Look at China Moly the have a Market Cap around 11 Bil and are a significant producer of Co and have higher exposure to DRC and they produced around
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