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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 Jun 23, 2020 4:26pm
192 Views
Post# 31182844

Patience is the key here

Patience is the key hereNothing wrong with taking profits and moving somewhere else you believe is a better opprotunity! Good stock to day trade also if you can time it right. But this stock has HUGE potential and is explosive. The second half is starting in less than two weeks. The PEA  to be released in July will show the value of this company (at some discounted gold price) is in the $7.00 to $9.00 price range (my guess). Most of the porphyry targets haven't even been drilled yet (3 new drills comming in the 3rd qtr). In 2 to 3 weeks they will probably announce 20k+ production at probably less than 800 aisc (huge cash flow)! GLDX (and other institutions) will pump more money into this as gold rises. And don't forget the ongoing drilling results. TMX listing eventually. Too much potential here for me to sell. But good luck to those of you who can do better. I am long here and believe KNT is the type of investor PNG wants. The risk/reward here is the best place for a sizable portion of my portfolio!! GLTA!!!

Bullboard Posts