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K92 Mining Inc. T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.


TSX:KNT - Post by User

Bullboard Posts
Comment by Ahkenahmed2on Nov 18, 2016 8:18am
166 Views
Post# 25479563

RE:RE:RE:RE:Still waiting for an entry.

RE:RE:RE:RE:Still waiting for an entry.I had initially targetted under a buck - and while I wait,  I look for a few signals -  but the sentiment of Trump's win, and his Reagan-esk like economic outlook, which essentially is comprised of domestic re-invogoration, has thrown everybody for a loop.  What I found interesting to note was the behaviour of the gold price on election eve.

Couple this with the pandemonium in India.

AU should be 2500/oz bare min.   Is it ?  No .. I'll ask again.  Did you see that spike in gold on election eve?   That there was the tale to watch.  It was the tell from a very desperate but very powerful (still) entity.

The gold-hate drums will beat on forever here in the west.  I assert that control of and for the mines is the next battle for gold.

I would not be surprised in the next while to see KNT touch it's 52 week low. 

All JMO of course.  I like the company.  I like FR too .. but the paper gold (and shares) are far too subject to the whims of the elite, thus, lately, I have procured the shiny itself.

GLTA


Bullboard Posts