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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 Dale327845on Nov 22, 2022 8:22pm
250 Views
Post# 35120466

RE:RE:cash position -- pretty impressive

RE:RE:cash position -- pretty impressiveUp 9%, share price declining?   Huh?  And building a sizeable cash balance while interest rates are soaring is bad?  Seems awful prudent to me.  At some point they will be ready to do something with all that gold they are finding, and that will take cash.  Not having to go to the banks to ask for it seems like a pretty good idea.  
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