Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

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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 > We got bamboozled

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Post by DonDeanoMarco on Jun 26, 2018 7:55am

We got bamboozled

cobalt price was surging,but all these issues in the DRC caused this stock to drop prematurely. Now that the issues are resolved the cobalt price is faltering, so we are stuck holding for the next rally. Cobalt investment is viewed less favourable when the price is declining. We have been somewhat tricked by poor governance.

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Comment by Kidlaw1 on Jun 26, 2018 7:57am

Yeah this trade war is spilling the party

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Comment by 5asdncu on Jun 26, 2018 8:17am

who's we? anyone who has half a brain or did any due diligence knew about the DRC's reputation and the political risk that came with it. we may not have known about each specific incidence but theres a reason big money has stayed out of this stock and will continue to until the issues are gone. todays news is a step in the right direction.

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Comment by topdop on Jun 26, 2018 8:42am

That is the most ridiculous paragraph I've read in a long time! Sit tight dude. If you own enough KAT shares, you'll be able to BUY A HOUSE in 3 years. DRC matters as they affect KAT are history now. Better the devil you know than the one you don't. Do you not know about Co & Cu endowment? Do you not know about worldwide average grade? Average size of deposits? And then the ...more

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