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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. > News!
View:
Post by ITSTHELAW on Oct 13, 2020 7:46am

News!

https://ceo.ca/@nasdaq/k92-mining-achieves-strong-gold-equivalent-production
Comment by ITSTHELAW on Oct 13, 2020 7:48am
Production off 22k oz is a little on the low side but everything else is looking up! "We are especially excited about the remainder of this year for Kainantu. The fourth quarter is expected to deliver our strongest quarterly production to date, benefitting from the completion of the Stage 2 Plant Expansion in Q3. Exploration activities are also ramping up considerably, with nine drill rigs ...more  
Comment by Antiriad on Oct 13, 2020 8:47am
Not to forget the 18.000t of stockpile, which stands for 6540oz if the grade is 11,3g/t like during Q3 production. I think K92 looks into a briliant future
Comment by ITSTHELAW on Oct 13, 2020 8:55am
and co-vid and the expansion had something to due with the low production! Looks like it is going to be a very strong q4 (production and drilling)! GLTA
Comment by invest234 on Oct 13, 2020 10:33pm
22k only looked a little lower because last q2 had well above average grade of 17.64 g/t. 22k is still good before expansion. "Plant feed grades were deliberately lowered during Q3 to minimize potential gold losses during the commissioning period. " during commissioning they intentionally use lower grade ore so as not to waste the higher grade ore. q4 will be a lot better. that last ...more  
Comment by ElJ on Oct 13, 2020 11:40pm
Of course grade matters and we are well aware that this is a "vainy deposit".    I was somewhat surprised when you wrote  "last q2(Q2,2020) had well above average grade of 17.64 g/t"......    For the benefit of fellow BB poster colleagues, the following grades reopresent the past 30 months historical data: Average head Gold grade  g/t :  ...more  
Comment by invest234 on Oct 14, 2020 9:25am
their average m&i grade is listed at 12.7 g/t. https://k92mining.com/operations/ 17.64 g/t is above that average.
Comment by mix1994 on Oct 14, 2020 2:36pm
There is a lot I have to learn so when Invest234 says that the last half hour of trading on Tuesday "did not look Kosher" what does that mean? The share price dropped from $7.20 to close at $7.08 in that half hour. I have noticed and it is not unusual for KNT to fall or to rise significantly in the last half hour of trading. Wouldn't this be because sellers or buyers who want to ...more  
Comment by GoldenEra on Oct 14, 2020 3:01pm
This post has been removed in accordance with Community Policy
Comment by cyber37 on Oct 14, 2020 5:53pm
Well; who… when….why; all good questions. However; IMHO all comes down to lack of conviction by existing KNT shareholders – resistance to sell and ability of parasitic day traders to spook holders to give up their position for only 60 or 70 % of the value. Day traders normally don’t keep positions overnight so this is why you see ‘clear-out’ sale at the end of the day orchestrated by bait lots of ...more  
Comment by themason on Oct 13, 2020 9:56am
https://stockhouse.com/news/press-releases/2020/10/13/k92-mining-achieves-strong-gold-equivalent-production-of-22-261-oz-in-q3
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