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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 > One day of positive ions brings it down
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Post by 60606060 on Jan 22, 2019 12:56pm

One day of positive ions brings it down

It's just the weather causing this down day. Also, four sellers crossing shares and maybe copper -$.06 and even technical guys saying three up so one down.
Kat said cobalt is being produced at the same rate as before and is being stored until the Fall for sale. So, China etc. isn't getting any and the price should go up since supply is cut but demand is high. Kat's profit will look pretty goog in 10 months. All metals are still waiting for price improvement so we will move when the sector moves as we wait for cobalt to get treated for market. Still, I don't see any reason for this under $1.20 SP except that shareholders are just use to this low range since last Fall. Everyone will be surprised when/if the SP jumps $.40 over a tidbit of news. Crazy market stuff that will happen. 
Comment by InternalAudit68 on Jan 22, 2019 2:15pm
This post has been removed in accordance with Community Policy
Comment by 60606060 on Jan 22, 2019 3:47pm
Didn't harvest more than a few nickles. I got some stock realizing all that financial chaos was behind Kat and metals like copper should rally now. Cobalt has lots to add as soon as the uranium ions get removed in Q3. Big, big stockpile forsale. As long as the corruption is over, I think we have a great shot at a super resource.
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