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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

Comment by Retiredgeoon Sep 24, 2020 12:03pm
249 Views
Post# 31611631

RE:RE:RE:RE:What's wrong with K92 mining?

RE:RE:RE:RE:What's wrong with K92 mining?Stockhouse is all about the sharing of information and opinions.

I sold my entire KNT position in late August at $7/share at the first sign of an impending market correction.  My KNT profits are nice and safe in my trading account.  I am staying out of K92 for the duration of the global market correction because such things are bad news for Gold and Gold miners (March comes to mind).  If the past is any guide to the future I may be able to buy back in at the old resistance level of $4/share (sweet!!).  In my opinion the global market correction, the Gold sector and KNT won't bottom out until November.

Yes, I will be buying back in for all of the fundamental reasons that are so dear to you!  The questions are when, at what price and under what circumstances?

Everyone can disagree with me as they see fit.  This is how I am playing my money and why.  
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