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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. > Why the selling before financials?
View:
Post by alfino on Nov 13, 2020 12:01pm

Why the selling before financials?

All other gold stocks are up!
Comment by newfie36 on Nov 13, 2020 12:08pm
This is why and it will prob get worse in the coming days as the uncertainty remains now if PNG will have a mining friendly government or one which will continue to try and nationalize Porgera. https://www.theguardian.com/world/2020/nov/13/papua-new-guinea-stands-by-for-new-government-after-mps-abandon-james-marape
Comment by alfino on Nov 13, 2020 12:13pm
I am gonna shrugg this off and take this as buying opportunity, i have a feeling the new gov still needs the money from gold to flow in, if nationalization worked African nations would be in better shape now 
Comment by Bjornsjodin82 on Nov 13, 2020 12:48pm
if marape have to step down . It Will be much better for k92 and other mining companies. The opposition is more mining friendly. they were against the porgera kml situation.
Comment by BlindBoy on Nov 13, 2020 2:25pm
We're having our mettle tested at the moment, I guess.  But your statement regarding the "opposition being more mining friendly" sounds about right, at least from what I see in other articles.  e.g.  "Mr Marape has used his leadership to put some of the world's biggest resource companies on notice over a perceived lack of wealth flowing from their projects ...more  
Comment by alfino on Nov 13, 2020 4:26pm
last time i sold at 7.00$  bying back here at 7.40$..looking forward to 12$ 
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