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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
Post by ITSTHELAWon Jan 09, 2018 4:34pm
199 Views
Post# 27317133

Warrants

WarrantsTec, I don't believe there is any more pumping and dumping left. Like Brian Cooke said "this is a show me story"  It's the bottom of the ninth (american baseball terms for last resort). To get the warrant money, they have to prove they can produce material amounts of gold and be cash positive in a very short period of time. Nobody is buying the amazing every two week drill results. Plain and simple, KNT is running out time and it is now or never (and they dearly need the cash from the warrants).  In production for over a year and as at Dec.31/17 they probably only produced 5-7k oz to show for it (Yukon gold tv family canadian gold stuff four or five employees, not 500). Not sure of the cash position or the offtake agreemant Not an honest, transperant or crediible management team. If/when then the gold is flowing, rest assured they will be more honest and transperant! GLTA
Bullboard Posts