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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Katanga Mining Ltd Ord > Reason for this??

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Post by bigguy56 on May 14, 2019 4:17pm

Reason for this??

I see no reason for this rise. I sold some at .68 and rebought just a few days back some of those so I am ok with it.. just kind of strange, no reason.

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Comment by SAM1492 on May 14, 2019 4:48pm

This is a very big swing. There must be something they are not telling us for this to move so much in one day. I do think there are big players behind this move today and if news coming soon..

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Comment by johnny54 on May 14, 2019 4:55pm

This stock moves on no volume its wild

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Comment by MrIceman on May 31, 2019 4:51pm

Nope. Just a poor and meager investor from Finland buying 250k shares of a company he knows close to nothing about. If there were big players buying the daily volume would be in the millions of shares, if not tens of millions of shares. The very special day of 14th of May saw a volume of only 300k. That was a big red flag. A major upswing, but no volume behind it. I could have bought every single ...more

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Comment by MrIceman on May 31, 2019 4:43pm

It was me buying, and then some other investors started to buy. And the I bought some more, and so did some other peole. The price went up 27 % on a very thin volume. The real question is, why didn't other investors follow through and continue buying the next day, and the next day, and the next day... KAT should be trading at 1.00 by now. It should be up 150 % for the month of May. But it isn ...more

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Comment by MrIceman on May 31, 2019 5:02pm

Think about the difference between a daily volume of 9 millions shares at 1.35 in June 2018 or daily volume of 50k shares at .40 today? That's 12,150,000 CAD vs. 20,000 CAD. There was over 600 times more turnover a day in June 2018 than at this moment. KAT is so dead it's not even funny anymore.

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Katanga Mining Ltd Ord