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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 Oct 10, 2019 4:16pm
276 Views
Post# 30219158

RE:Seems selling has stopped...... For now.

RE:Seems selling has stopped...... For now.

..." My call is that this was a takedown so entities could accumulate shares. "
Because presumably, no one of signifcant volume/size, is/was/still not * selling, - so .. need to shake 'em out with a story and/or narrative.  (e.g. Make them sell - by uing, cause panic/emotion and then pulling bid floor out) LOL ,. ladies and gentlemen, I give you selling, story breaks (again), autonomy market kicks in, algos read the news, initiate trading, people will get tricked by trading bots - watch the stock drop - 40 cents in minutes LOL .. that'll get 'em .. especially when you have 
headlines like this one:  Papua New Guinea Puts Barrack on Notice   <----

that was a good one .. remember that ?  LOL
We got to use that one two time so far and two times we made money.
Yah?

Where will the share price be, if gold moves to 1700.00
Who in recent news, has expressed his fondness for sound money and gold/equiv standard.
Fantasize for a moment.  You have 3.5 Billion dollars and you would see what the world is and you want to trade some of your dollar measured stuff into gold ya ? Say 10 tons with arrangements for delivery and vaulting in an out-of-country jurisdiction .. how much you think you gonna pay per ounce ... paper price ?  e.g.  spot price on comex ?  spot gold price

ha ha ha  YOU THINK ?
Try again. 

10 physical tons delivered to your <garage> is gonna be best best paid depending on whenz you want it . if you want in 3 weeks then  $ 2500/oz easy.  E.Z.

HOw many people do you think have that kinda money to do just that .. 
Well actually .. *LOTS*  (Just not you right?)
AND THEY already ARE doing IT .. so ya .. . just you mind your business ..
Resource unit     <---Ya .. that kinda contempt, .. LOL we got dat fo' you

The KNT RESOURCE is ENORMOUS and they know it.  Its gonna be huge.

Country Risk?  = YOU BETCHA  :-)

anything can happen

Exciting eh?

GLTA




 

Bullboard Posts