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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 > Buying again...
View:
Post by topdop on Nov 12, 2018 11:16am

Buying again...

For disclosure, I do not have a "target" for number of shares I want to own. I am opportunistic and see a massive and oversold value situation presently.

My last report here showed I had made a cumulative 59 x buy & sell trades and currently held a Long position of 516,670 shares at ASP of 93c.

Given the views stated above, I began buying again on Friday and have been buying again today, Monday. I will report completed trades after the Close.

These are my views only. Thanks for reading.
Comment by Cider6000 on Nov 12, 2018 11:23am
That' my plan as well. I will add that I have also LOCKED in all 1694000 shares for sale.  No borrowing of my shares to short against me.
Comment by InternalAudit68 on Nov 12, 2018 12:47pm
This post has been removed in accordance with Community Policy
Comment by NewfNewf on Nov 12, 2018 8:06pm
My understanding is that Securities trading under $ 1.00 cannot be shorted.
Comment by Cider6000 on Nov 13, 2018 8:19am
I thought that for years too.  Apparently not.  Banks will do anything for a buck. https://shortdata.ca/stock/KAT.TO/
Comment by topdop on Nov 13, 2018 9:42am
Excellent & enviable position @Cider6000 ! As promised, here are my latest stats: I purchased another 100k shares at 46c Friday and Monday. Now made 60 trades in KAT currently holding 616,670 at ASP of 85c. I may continue again today... These are my views only. Thanks for reading.