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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 Jul 18, 2023 4:24pm
111 Views
Post# 35546756

RE:what's the next price 'driver'

RE:what's the next price 'driver' I agree with your comments, and would add that K92 also suffers, at this point, from the general reluctance by folk to buy gold companies.  Not sure why that is.  Perhaps the yo yoing of gold price and hence gold conpanies prices is part of that.  Is the present up in gold going to continue, many would be asking.  ( It does seem this time is different for gold price but who knows)
Even with gold as it approaches $2000, gold companies prices aren't  moving much.  The price of gold at $2000 is great for most gold companies, and except for some short periods of time, as high as it has ever been.  
My conclusion is that once gold is solidly above $2000, the US dollar confirms it's present down trend will continue, and threats to gold price are removed , gold companies will shine a little brighter, and that would include K92.  As the things you mention start happening with K92 , I agree the shining should get very bright.  


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