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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 > article on kat today
View:
Post by mingzhu on Jun 20, 2018 4:27pm

article on kat today

Is it Time to Buy Katanga Mining Ltd. (TSX:KAT) Yet?

https://ca.finance.yahoo.com/news/time-buy-katanga-mining-ltd-123752761.html
Comment by Kidlaw1 on Jun 20, 2018 5:00pm
Do these guys even do their research properly?  The damn article sources the WSJ which is confusing how the debt is being handled and that KAT is issuing 5.6 billion dollars of shares.
Comment by DrChaos on Jun 20, 2018 7:40pm
@Kidlaw--are you saying this article is not correct in regards to issuing new stock?  They didn't add a correction, I noticed. It states: "Glencore said Katanga Mining will issue $5.6 billion in stock, which it will use to retire debt." https://www.wsj.com/articles/glencore-unveils-5-6-billion-restructuring-of-congos-katanga-mining-1528828978
Comment by topdop on Jun 20, 2018 9:58pm
@DrChaos Oh dear. Here we go again. Great handle BTW. Yet somewhat appropriate. As you seem to know nothing and yet, all is out there, in front of you, to understand, digest and read. This BB. The internet. Etc.etc. But still the ignorance emminates... So maybe try this? https://www.merriam-webster.com/dictionary/agglomeration agglomeration lmrSH()n/Submit noun "a mass or collection of ...more  
Comment by faboubi on Jun 20, 2018 10:29pm
So we have to get red of KAT shares quickly before dilution occurs in the coming days. Then, we can buy again once done with a good shares price. I will do. 
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