RE:RE:Any other gold suggestions long term play? Triggerman, like i said before, i bought your knt shares and am not giving it back :) look at gcm compared to your arg. gcm has higher production (over 200k oz) than arg, much cheaper market cap and lower enterprise value (which takes into account debt), high grade resulting in far lower aisc, much higher operating cash flow and free cash flow, higher ebitda, much better quarterly earning (ignore the non cash charge in q2). plus they are increasing capacity from 1200 tpd to 1500 tpd this year and next q1 likely will have record production. if you say arg is better value than knt, then gcm is better value than both according to the numbers, although i have both knt and gcm and like them both. (by the way, be aware that gcm has been gapping up in the morning for the last week or two and then someone manipulates it down the last 15min at the end of day)
Triggerman wrote: Look at Argonaut Gold. Same market cap as K92. But produces 3x the gold and has no debt.
KNT has become quite overvalued and ahead of itself.
60,000 oz a year , plenty of debt to pay.
I traded KNT 3 times over 2 years , but it’s time to wait for a fair price .
Maybe $1.50 is ok if you have a 3-5 year hold period.
Today , KNT is both overbought and over valued.