K92 Mining Inc. T.KNT

Merger of 2 mines

[oilsyd]

The price of KL and Newmarket is rather irrelevant given it was a  floating price between the announcement and the date at which they became one company. I find this whole conversation irrelevant anyway because KNT does not need to merge with another company.  I was a shareholder of Newmarket gold and did not like the merger with KL because Newmarket gold had a gem of a mine.  Even Eric Sprott later admitted what a mistake he had made by encouraging the 2 companies to merge because KL was able to ride on the back of the Fosterville mine towards a massive increase in share price.  That mistake does not need to be repeated here.   KNT also has a great mine.    Let the company develop the mine and increase the value  for shareholders  through internal growth.  When it reaches maturity as a mine, then you can consider selling it to get value for shareholders.

[themason]

Really, Newmarket was a good mine and became a great mine but it would never have reached to the highs that the merger brought, it is hard to name many 1 mine wonders or success stories. Short sightedness is what you have, i want this company to flourish through a takeover but would rather see a merger to get it's full potential, againg name me some expensive 1 mine companies, there aren't

[cyber37]

There is really no reason for KNT to merge with anyone….they are doing just fine the way it is. With the high grade ore chasing ‘economy of scales’ efficiency through merger (grow in size of ore produced to lower costs of $/oz.) should not be a priority. NOW, an unsolicited offer to buy KNT by a major is another story. In this case shareholders would have some say by tendering or not those shares

[themason]

I received a interesting response back from K92

[Monctonguy]

....and ? Is this a guessing game ?

[themason]

They are currently reviewing several oppurtunities and i will leave it there.

[Method]

  if it's material nonpublic information, they wouldn't have emailed it to you. If you want to keep it to yourself that's fine but it's not necessary.

[themason]

Of course they can't release any nonpublic info to me, i wrote what they wrote and the rest was not important.