K92 Mining Inc T.KNT

Alternate Symbol(s): KNTNF

Metals & Mining Gold

K92 Mining Inc. is a Canada-based company, which is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150). Within and surrounding ML 150 is an epithermal vein field consisting of multiple known and highly prospective vein systems: Kora, Irumafimpa, Karempe, Judd, Kora South, Judd South, Mati, Maniape and Arakompa. Mining is focused on the Kora vein system, consisting of two dominant veins and the Judd vein system consisting of four known veins with one vein being mined. There are multiple near-mine infrastructure targets, within the Kora-Kora South, Judd-Judd South and Karempe vein systems.

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K92 Mining Inc

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Comment by Chris007on Sep 23, 2020 7:17pm

205 Views

Post# 31608860

RE:RE:Share price....takes the stairs up

What this stock and every gold stock really needs is for more fiscal stimulus, south of the border. However, with the political environment as dysfunctional as ever, this looks pretty unlikely to happen before the election.

In regard to monetary policy, the FED appears to be sticking to its guns and is ruling out implementing negative nominal interest rates

In the meantime, we have seen a sharp strengthening in USD and a corresponding tumble in gold prices.