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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 Feb 28, 2020 11:23am
133 Views
Post# 30747077

Panic selling

Panic sellingI watched this go to 40 something cents when there was no production and weak reserves and I was very nervous. Different story now. If you don't have to sell, you haven't lost anything. This whole thing will blow over and this stock is well positioned for the future. For those who saw this comining, congrats! I honestly read this wrong and thought while the market crashes, gold would keep going up along with the gold stocks (and I understand that gold can be going up and gold stocks down when the market is crashing due margin accounts etc.). I purchased 10k shares more the other day at $3.71. I am long and was smart enough to have taken some profits before the crash, so I can wait this out. Hope the same for everyone. GLTA
Bullboard Posts