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Bullboard - Stock Discussion Forum 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 Discussion

K92 Mining Inc. > newfie...there is manipulation...
View:
Post by goldstd69 on Sep 18, 2020 2:03pm

newfie...there is manipulation...

when gdx wanted to buy our stock they somehow got it on the cheap...wonder how that works...I personally do not like etfs messing with my stocks but what can you do????
Comment by newfie36 on Sep 18, 2020 3:04pm
They will always find a way I believe they sold some of the 750,000 shares today to themselves at a lower price to bring the overall price down.  They took out alot of stop losses on the way.  This is the way the manipulate the stock and should be illegal. The only good thing is once they have their position the price will move up as their will be less shares on the open market! Next ...more  
Comment by goldstd69 on Sep 18, 2020 3:18pm
I agree newbie but I think it takes even less shares to sell at certain support levels to panic holders...sadly it works...it is in the end the fault of the weak shareholders....the panic feeds the sell off and then the money makes dive in and buy on the cheap....maybe we get a late day rally.....the fundamentals have not changed ....best to all
Comment by goldstd69 on Sep 18, 2020 3:18pm
sorry newfie36 not newbie
Comment by newfie36 on Sep 18, 2020 3:23pm
No problem! Been called worse Lol!!  Look at the price action now.  I am glad I bought another 5000 shares today at $7.28. Close in the green a sign of excellent news coming!!!
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