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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 > SP free falling
View:
Post by Aurum1983 on Oct 15, 2018 5:46pm

SP free falling

closing below $0.6 today is extremely bearish. next key support level is $0.42.
Comment by Lech1988 on Oct 16, 2018 8:38am
Sorry to break it to you but technical signals are nonsense on a stock like this.
Comment by SAM1492 on Oct 16, 2018 9:02am
Why?
Comment by bigguy56 on Oct 16, 2018 11:03am
I agree with the sentiment that technical do not matter. I thought they did back in the summer. I think this is driven by risk.. this is a very risky stock. My belief is that the action will occur if they report good financials and I would look to February. If they can clear the one-time charges... lookout.
Comment by topdop on Oct 17, 2018 10:26am
@SAM1492 Why? Its pretty obvious if you have done your homework. Read this here for a very good summary https://www.mining.com/conflicted-copper-shows-little-consensus/
Comment by SAM1492 on Oct 17, 2018 11:06am
Thank you that’s a good read and helpful.  Katanga has great potential the big players just need to take notice for the stock to move. 
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