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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 ITSTHELAWon Aug 12, 2017 6:37am
117 Views
Post# 26574002

RE:RE:RE:RE:mistake

RE:RE:RE:RE:mistakeThere has been a lot of positive news. I would have thought we would be trading up after the last press release (which I thought was very positive).

A lot of investors have lost money on this stock and I believe there is still a credibiblity issue with the KNT management. Remember, end of last summer when I invested,  they are record as saying they were going to produce 50-55k oz next year (which I interpreted as the 2017 calender year,) and there would not be any need for further dilution. Not sure when the AMDAD was issued. The fully diluted shares have doubled. 

The good news is now they have the cash, some positive drill results, and they are started mining the higher grade stopes. Also, Kora is not far away.

I am getting killed on this stock and it has been really difficult to stay positive. I believe good days lie ahead. 
Knt mang. have been talkin the talk, now I am hoping they start walking the walk!! Hope q2 production is strong or I think we may go lower. GLTA


Bullboard Posts