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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 cyber37on May 04, 2023 4:21pm
121 Views
Post# 35431097

RE:what's with crazy volume? >7M

RE:what's with crazy volume? >7MNot sure what the rule is but at some volume - % of shares acquired ….10%???; buyer has to declare reason for accumulation. Five million went through today at about 2 o’clock which is not nearly enough for any disclosure. Maybe we will find out soon but personally I think this is an institutional buy for investment purpose only.
Another possibility is that KNT is thinking of declaring dividends with all that cash in their packet. Regardless of reasons, it is about time tor this stock to move hire; yes $12 would be nice.
G37 

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