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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 BlindBoyon Apr 22, 2022 10:38am
162 Views
Post# 34623584

RE:RE:RE:We are doing very well here;

RE:RE:RE:We are doing very well here;Yeah, I think that K92 is doing just fine ... especially considering the circumstances beyond control for most companies during the past year or two.

A while back, somebody (I can't recall exactly who, but I disagreed with the merger concept) posted that it might be a good move for K92 to merge with Pure Gold, which is recent gold producer in the Ontario Red Lake gold camp.

At the time, Pure Gold had slid from a peak of $1.81, but was still trading somewhere in the low $dollar + level.  It also had well over  400 million shares outstanding.

Since then, Pure Gold lost $34.9 million in 2021 operations, and is currently trading around 20 cents or so.
Anyone b*tching about K92 is either nuts, or should feel free to dump there shares and go short.
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